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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Tag: bfsi
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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Tata 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 ...
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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 ...
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Indian 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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LIC total premium rises 17 pc to Rs 2.32 lakh cr in FY23
Life Insurance Corporation (LIC) on Monday said its total premium rose 17 per cent to Rs 2.32 lakh crore during ...
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MAS clears merger of HDFC Investments with HDFC Bank
HDFC Bank on Monday said Monetary Authority of Singapore (MAS) has given an approval for merger of HDFC Investments and ...
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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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