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Category : Banking
RBI Expected to Maintain Status Quo on Interest Rates Amid...
Experts expect the Reserve Bank of India to maintain the current repo rate at 6.5% in its upcoming policy review due to persistent...
Inflation Trends and Policy Rate Changes Under Outgoing...
Under the outgoing Monetary Policy Committee, India's headline inflation was managed from 7.61% in October 2020 to 3.65% in August...
Muthoot Finance Reappoints George Alexander Muthoot as...
Muthoot Finance shareholders have approved the reappointment of George Alexander Muthoot as Managing Director for a five-year term...
Muthoot Finance Reappoints George Alexander Muthoot as...
Muthoot Finance shareholders have approved the reappointment of George Alexander Muthoot as Managing Director for a five-year term...
RBI Proposes New Guidelines to Ringfence Banks' Core Businesses...
The RBI has proposed new guidelines to limit banks’ non-core activities and ensure they focus on their core businesses. The draft...
Banking Sector Maintains 15% Loan Growth Despite Slowdown...
The banking sector's loan growth remained stable at 15% YoY in August 2024, despite a slowdown in services and personal loans. Personal...
Banks Plan Increased Cloud Investments Amid Underutilisation,...
Infosys has reported that the banking sector is set to increase its cloud investments, but current utilisation remains below 50%....
RBI Flags Concerns Over Top-Up Loans Without Fresh Appraisal...
The RBI has flagged concerns over irregularities in the gold loan sector, including mismanagement of LTV ratios, improper valuations,...
Dinesh Khara Honored With Lifetime Achievement Award for...
Dinesh Khara, former chairman of SBI, has been honored with the Lifetime Achievement Award for his exceptional leadership. Under his...
Cred Sees 66 Percent Revenue Growth in FY24 While Reducing...
Fintech unicorn Cred reported a 66% increase in revenue to Rs 2,473 crore for FY24 while reducing operating losses by 41% to Rs 609...
Bank Issuance of Certificates of Deposit Rises 66 Percent...
The issuance of certificates of deposit by banks increased by 66% in the first half of FY25, driven by rising credit demand and a...