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Category : Banking
Canara Bank Focuses on Digital Lending for MSMEs and Strategic...
Canara Bank strengthens digital lending for MSMEs, advances green financing, and targets HNI clients with new products, while taking...
Indian Banks See Slower Loan Growth in September as RBI...
In September 2024, Indian bank loan growth slowed to 14.4%, impacted by the RBI’s restrictions on retail lending. Rising defaults...
Bank Credit Growth Slows in Retail and Service Sectors...
Credit growth in India slowed to 14.4% in September 2024, driven by more cautious lending in the retail and non-bank sectors. This...
Bank Lending Rates See Slight Decline While Deposit Rates...
Bank lending rates in India dipped slightly in September 2024, while deposit rates continued to rise, according to the latest RBI...
Banks Seek Real-Time Access to RBI’s Centralised Data Platform...
Banks in India are working with the RBI to integrate real-time tracking of Liberal Remittance Scheme transactions, aiming to streamline...
AI and Data are Transforming Investment Banking with Broader...
AI and data analytics are transforming investment banking, democratizing access to M&A opportunities. With data-driven strategies,...
IndusInd Bank and Trustmore Partner to Launch Digital Escrow...
IndusInd Bank partners with Trustmore to launch digital escrow services across India, providing secure, on-demand escrow solutions...
Returned assets of over Rs 185 cr to banks in loan fraud...
The Enforcement Directorate has returned assets worth Rs 185 crore to an SBI-led bank consortium defrauded by Surya Pharmaceutical....
Top Banks Line Up for Project Loan Participation in Adani...
Leading banks in India, including SBI and ICICI, are participating in a Rs 20,000-crore project loan for Adani Enterprises’ new PVC...
Indian Banks to See LCR Buffers Shrink as New RBI Norms...
Indian banks are bracing for a potential reduction in their liquidity coverage ratio (LCR) buffers following anticipated changes by...
RBI Imposes Rs 300 Crore Net Worth Requirement for Central...
The Reserve Bank of India has set a minimum net worth requirement of Rs 300 crore for entities seeking authorisation as Central Counterparties...
SBI's New Chairman C S Setty Aims to Target Unbanked Population...
The State Bank of India's newly appointed chairman C S Setty outlines plans to target the unbanked population as part of its expansion...