Share of low-cost CASA deposits has largely bottomed out: RBI bulletin
The share of low-cost current and saving deposits (CASA) in total deposits has largely bottomed out in the 39-40 per
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Category: Banking & Financial Services
India’s largest crypto exchange WazirX reports security breach
India’s largest cryptocurrency exchange, WazirX on Thursday reported a major security breach leading to a siphoning of funds over $230
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HDFC Bank to grow its advances a little slower than deposits
HDFC Bank will grow its advances a little slower than the deposit growth in a bid to bring down the
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LIC enters into tie-up with IDFC First Bank under corporate agency arrangement
Life Insurance Corporation of India (LIC) has entered into a tie-up with IDFC First Bank Ltd under corporate agency arrangement.
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Deposits see higher inflows compared to credit offtake in June 28 fortnight: CARE Ratings
Bank credit growth (excluding the impact of HDFC’s merger with HDFC Bank) slowed to 13.8 per cent year-on-year (yoy) for
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SEBI warns Paytm over payments bank deals; shares drop 1%
One 97 Communications (OCL), which owns brand Paytm, has received an administrative warning letter from capital market regulator SEBI. The
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Kotak Mahindra Bank integrates physical and digital branches in new distribution structure
Kotak Mahindra Bank (KMB) has unveiled a new distribution structure, integrating the physical branch network, digital branch channel (encompassing mobile
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India’s inclusion in global bond Indices will ensure incremental ‘Indianisation’ of global hot money: SBI’s eco research team
India’s inclusion in global bond indices will help in supplementing the BoP (balance of payments) surplus while ensuring incremental ‘Indianisation’
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SBI launches Amrit Vrishti 444-day term deposit with 7.25% interest rate
State Bank of India (SBI) has launched a 444-day term deposit scheme, “Amrit Vrishti”, with an interest rate of 7.25
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RBI asks lenders to ensure compliance with the principles of natural justice in a time-bound manner
The Reserve Bank of India (RBI) on Monday issued revised Master Directions on fraud risk management for lenders, requiring them
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