Indian banks unprepared for RBI’s ESG push, survey shows
Indian banks are not prepared to adopt environmental, social and governance (ESG) norms as part of their lending models due ...
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Tag: rbi
Axis Bank completes acquisition of Citibank’s India consumer business
Axis Bank Ltd said on Wednesday it has completed its acquisition of Citibank's India consumer and non-banking finance businesses. The ...
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First time in many years, fixed deposit rates turn positive at 8%
As banks' chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest ...
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PNB buries ghost of 2018 to fund lab diamonds
On a wintry morning in 2018, one of India's largest high-street lenders, Punjab National Bank (PNB), had woken up to ...
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Assets worth Rs 26,000 crore monetised in FY23: NITI Aayog
The government has monetised assets worth ₹26,000 crore during FY23 against the target of ₹1.6 lakh crore for the current ...
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Higher cash, quicker resolution help improve redemption ratio for ARCs
The cumulative redemption ratio for security receipts (SRs) issued by asset reconstruction companies (ARCs) has improved to 44% in 2019 ...
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Indian banks may face rise in bad loans from retail, small businesses: SBI official
Indian banks could see an increase in bad loans in the retail and small business segments from its recent low ...
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PSU banks now offer inflation-beating FD rates
Those believing in safety first are outrunning the glory chasers these days, with stock returns trailing yields on plain-vanilla fixed ...
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With UPI-PayNow linkage Modi government makes a grab at the India outside India
Whenever Prime Minister Narendra Modi visits a foreign country, especially a developed one, his signature move is to galvanise the ...
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HDFC Bank, Lulu Exchange ink deal to enhance cross-border payments between India-Gulf region
HDFC Bank, a major private sector bank, and UAE-based Lulu Exchange have signed an MoU to strengthen cross-border payments between ...
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