Fitch warns it may be forced to downgrade multiple banks, including JPMorgan – CNBC
An analyst at Fitch Ratings warned that U.S. banks, including JPMorgan Chase, could be downgraded if the agency further cuts
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Category: Banking & Financial Services
RBI MPC Meeting August 2023 Highlights: RBI keeps repo rate unchanged at 6.5%
BI keeps repo rate unchanged at 6.5%. Besides the repo rate, RBI Governor has made a slew of announcements related
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Repco Home Finance aims ₹14,000 crore in AUM by FY24
Riding on the growth momentum in the home loan segment, Repco Home Finance has set a target of 20 per
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Additional CRR may hit banks’ interest income only a tad: Report
The interest income hit due to the additional cash reserve ratio (CRR) requirement appears negligible for the system, according to an
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RBI asks banks to temporarily maintain incremental CRR
The Reserve Bank of India (RBI) has asked banks to maintain an incremental Cash Reserve Ratio (ICRR) of 10 per
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‘Banks should gear up to manage digital risk’
The tremendous stride of the banking industry towards digitalisation to cope with rising competition has certainly enhanced financial service accessibility,
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Centre appoints R Doraiswamy as LIC Managing Director
Centre has appointed R Doraiswamy, Executive Director, Life Insurance Corporation of India (LIC) as Managing Director of the insurance behemoth.
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Last mile connectivity in remote areas set for a boost with IDRBT’s LoRa technology
A new technology developed by Institute for Development and Research in Banking Technology (IDRBT), an arm of the Reserve Bank
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Pilot project for public tech platform for frictionless credit to start from Aug 17: RBI
The Reserve Bank of India on Monday said the pilot project for public tech platform for frictionless credit will commence on August 17.
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Banks redeem ₹30,000 crore from liquid schemes for I-CRR compliance
Many private sector banks have partly redeemed their investments in liquid schemes of mutual funds following the Reserve Bank of
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