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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Tag: banks
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 ...
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Special 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 ...
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Reliance 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 ...
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RBI 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 ...
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RBI 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 ...
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High 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 ...
Read moreIndian banks unlikely to go SVB, Credit Suisse way as they can swim good in troubled waters
The bank failures in the world's largest economy and in Europe following the pandemic and war-induced tightening cycle posed a ...
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RBI harmonises provisioning norms for urban cooperative banks
The Reserve Bank on Monday harmonised the provisioning norms for standard assets applicable to all categories of urban cooperative banks ...
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New remittance rules put wealthy Indians in a fix
Mumbai: Affluent Indians, who have been legitimately parking a slice of their wealth outside the country for a decade, are ...
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