RBI targets 10 lakh CBDC transactions per day by year-end: Dy Guv Sankar
Bank of India Deputy Governor T. Rabi Sankar said on Tuesday that the Reserve Bank of India (RBI) is targeting
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Category: Banking & Financial Services
Scope of CBDC can be expanded to include settlement of primary G-Sec auctions and Rupee-denominated external debt: SBI Chief
CBDC-wholesale (e₹-W) could be expanded by including settlement of initial auctions of government securities, debt-sector participating FIIs, and mutual funds,
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Cholamandalam Investment to seek shareholders’ nod to nearly double borrowing powers to Rs 2 lakh cr
Cholamandalam Investment and Finance Company Limited (CIFCL) plans to seek shareholder approval to significantly increase its lending from Rs. 1.10
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SBI Card appoints Abhijit Chakravorty as MD & CEO for two years
SBI cards and payment services (SBI Card), the country’s largest credit card issuer, has appointed Abhijit Chakravorty as Managing Director
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Canara Bank to sign ₹3,000 crore IT transformation deal
public sector bank Canara Bank It will sign an IT transformation deal worth Rs 3,000 crore to revamp and enhance
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Shriram Housing Finance mops up $50 m via maiden ECB
Shriram Housing Finance Limited (SHFL) has raised $50 million through its first offshore commercial loan (ECB). The money from the
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Banks’ Q1 results seen steady; commentary on NIMs, deposit growth eyed
The banks’ financial performance is expected to remain flat in the first quarter of FY24 led by strong loan growth
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Axis Bank witnesses rise in attrition rate despite acquisition of Citibank India’s consumer business
Axis bank It witnessed a tapering jump in FY23, as the employee turnover rate rose to 34.8 percent in FY23
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Rural areas have the least presence of payments banks’ offices: Crisil
Rural areas have the fewest number of payment banks (PBs) operating desks, while urban areas have the highest number of
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Banks to brighten India company earnings amid IT uncertainties
Banks and consumer firms are expected to pay first-quarter earnings in India buoyed by faster economic activity, eased input costs,
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