Mobilise deposits the old fashion way, focus on core banking: FM tells banks
Finance Minister Nirmala Sitharaman on Saturday urged banks to focus more on core banking business, which is mobilising deposits and
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Finance Minister Nirmala Sitharaman on Saturday urged banks to focus more on core banking business, which is mobilising deposits and
Continue readingForeign banks and brokerages expect a status quo on policy rate at 6.5 per cent at the upcoming RBI’s Monetary
Continue readingNotwithstanding the ongoing front-running investigation on Quant Mutual Fund by SEBI, the banking regulator RBI has found 28 open-ended debt
Continue readingMonetary Policy Committee (MPC) members Ashima Goyal and Jayant Varma proffered solid arguments for a 25 basis point repo rate
Continue readingResilient growth creates space for the monetary policy to focus unambiguously on inflation, which remains well above the 4 per
Continue readingIndian lenders will appeal against a central bank proposal to tighten rules for infrastructure project loans, according to a banker
Continue readingThe government is scrutinising the interest equalisation scheme for exporters to analyse its usefulness in promoting exports so far, including
Continue readingThe RBI may again keep the key interest rate unchanged in April as it is likely to focus more on
Continue readingForeign investors made a strong return by injecting more than ₹2 lakh crore into Indian equities in 2023-24, driven by
Continue readingThe share of bank loans and term deposits bearing ‘over 8 per cent’ and ‘7 per cent & above’ interest
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