PSU banks set target for selling flagship government insurance schemes in FY24
Public sector banks (PSBs) have set a target for the sale of flagship government insurance schemes Pradhan Mantri Jeevan Jyoti ...
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Tag: rbi
IDBI Bank, PNB Housing , Sicom in push to offload bad loans
IDBI Bank, PNB Housing Finance and term-lending institution Sicom are separately working on plans to sell almost the entire distressed ...
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Liquidity surplus at 9-mth peak on high govt spend, FPI inflows
Liquidity surplus in the banking system, measured by funds that lenders park with the central bank, climbed to its highest ...
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Fasal ties up with SBI to help farmers get easy access to loans
Agri-tech company Fasal on Thursday announced its partnership with State Bank of India (SBI), aimed to provide farmers with easy ...
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RBI begins evaluating potential bidders for IDBI Bank
The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority ...
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Karnataka Bank authorised to collect direct, indirect taxes
Private sector lender Karnataka Bank has been authorised to collect direct and indirect taxes on behalf of the Central Board ...
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Canara Bank, Bharat BillPay tie up for cross border bill payments for Indian diaspora in Oman
Canara Bank and NPCI Bharat BillPay Ltd (NBBL) have announced the launch of cross-border inward bill payment services for Indians ...
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RBI to stop banks from capitalising penal charges on loans defaults
The Reserve Bank of India (RBI) pulled up banks for overcharging borrowers in the guise of penal interest rates and ...
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JICA, Citi to provide USD 125 mn to Indusind Bank for onlending to agri sector
Japanese lender JICA has teamed up with Citibank to provide a USD 125 million funding line to domestic private sector ...
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RBI brings out norms for outsourcing of IT services
The Reserve Bank of India on Monday released master directions for the outsourcing of IT services by banks and non-banks ...
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