Large corporates will never be allowed to open a bank in India: N Vaghul
Large corporates will never be allowed to open a bank in India, veteran banker N Vaghul has said. Vaghul said...
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BFSI
Uday Kotak clarifies his statement, calling dollar as “financial terrorist”
Kotak Mahindra Bank Chief Executive Officer Uday Kotak on Sunday clarified his statement which mentioned the dollar as the "biggest...
Read moreIrdai asks insurance companies to lay down social media guidelines for employees
Regulator Irdai has asked insurance companies to lay down social media guidelines for their employees to ensure that no unverified...
Read moreSatin Creditcare Network’s net profit jumps 59% year-on-year in March quarter
Microfinance company Satin Creditcare Network on Saturday said net profit jumped 59% year-on-year to Rs 94 crore in the quarter...
Read moreSpecial drive by public sector banks likely to recover written-off loans
State-run banks are likely to launch a special drive to recover written-off loans after the government nudged them to fast-track...
Read moreReliance General to accept CBDC e-Rupee through Yes Bank
Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the country to accept the...
Read moreRBI monitoring banks’ business models more closely, says governor Shaktikanta Das
The Reserve Bank of India (RBI) has started to monitor the business models of banks more closely, said RBI governor...
Read moreTata Capital board approves plan to consolidate arms
Tata Capital, the holding company of Tata Group's financial services business, is consolidating its group subsidiaries following a recent board...
Read moreRBI approves reappointment of N Kamakodi as City Union Bank MD and CEO
The Reserve Bank of India has given its consent for the re-appointment of N Kamakodi as Managing Director and CEO...
Read moreHigh balance bank accounts without updated KYC details under the lens
The government and the banking sector regulator are looking into operative accounts with significant balances that have not updated their...
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