RBI sets draft norms for web aggregators of loan products
The Reserve Bank of India (RBI) has proposed that banks and non-banking finance companies (NBFCS) should ensure that their loan
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June 2024
SFBs should be worth Rs. 1,000 crore to become universal banks, says RBI
THE RESERVE Bank of India (RBI) has said small finance banks (SFBS) should have a minimum net worth of Rs
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Industry’s share in bank credit shrinks to 23%: RBI
Bank loans to the services and agriculture sectors were the main drivers of the 20% credit growth in FY24, with
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Charging of interest rates: RBI detects overcharging by banks, asks them to refund borrowers
The Reserve Bank of India (RBI) has come across instances of lenders resorting to certain unfair practices in charging of
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RBI plans curbs on suspect bank accounts to fight cyber fraud
The Reserve Bank of India plans to soon change guidelines to permit banks to temporarily freeze accounts suspected of being
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PSBs set to develop road map for deploying GenAI systems
State-run banks are set to develop a detailed strategy and road map for deploying generative artificial intelligence (GenAI) systems, with
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IOB to sell 92 NPAs worth Rs. 13000 crore, among biggest sales
In one of the largest sale of bad loans, state-owned Indian Overseas Bank has announced the sale of 92 NPA
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Home loan outstanding up by Rs. 10 lakh crore in last 2 years
Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach
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Indian Bank posts 55% rise in Q4 net
Indian Bank has shown strong growth in its earnings and profit, with a net profit increase of over 50% for
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UCO Bank lines up Rs. 1,000 crore to modernise its IT systems
Public sector lender Uco Bank plans to spend Rs 1,000 crore in the financial year 2024-25 to boost Information Technology
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