Change in MPC policy stance pre-cursor to rate cuts in near term, bankers say
The Reserve Bank of India’s (RBI) monetary policy committee (MPC) decision to change policy stance from “withdrawal of accommodation” to
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Category: Banking & Financial Services
Star Health confirms data breach, takes legal action & launches investigation
Star Health Insurance, a leading standalone health insurer, has acknowledged a data security breach and announced that it is actively
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Standard Chartered India CEO Zarin Daruwala to retire on April 1, 2025
The Standard Chartered group today announced that Zarin Daruwala, CEO of Standard Chartered, India & South Asia operations, has decided
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MSMEs will be allowed to prepay loans without paying foreclosure penalty: RBI
Micro and Small Enterprises (MSEs) will now be able to prepay loans without paying foreclosure penalty. Banks and NBFCs are
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MPC keeps repo rate unchanged; changes stance to neutral
The Monetary Policy Committee (MPC) kept the policy repo rate unchanged at 6.50 per cent at its bi-monthly meeting by
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RBI MPC Meeting 2024, RBI Monetary Policy Meeting Live Updates: Anticipation builds as RBI’s MPC meets to review repo rate
The Reserve Bank of India (RBI) is holding a three-day Monetary Policy Committee (MPC) meeting from October 7-9, with market
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Private sector fuels NPS surge with near 45% y-o-y jump in AUM as of Sept 28
Private sector NPS assets’ growth continue to be on a roll, clocking a near 45 per cent year-on-year growth as
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Amid sector headwinds, MFIN tightens underwriting norms
The Micro Finance Industry Network (MFIN), a Reserve Bank of India (RBI)-recognised self-regulatory body for the microfinance sector, has introduced
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Electronic and Payment Services to install 9,000 ATMs in 3 years
It currently manages over 10,300 ATMs for different banks | Photo Credit: REUTERS Electronic and Payment Services Pvt Ltd (EPS),
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Large ticket transactions by private banks lead securitisation volumes to hit ₹60,000 crore in Q2
Large ticket transactions by top private banks has likely led securitisation volumes to hit ₹60,000 crore in Q2FY25, up 31
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