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Unclaimed deposits base swells to Rs 42,270 crore
Inactive deposits with public and private-sector banks rose 28% in FY23 from Rs32,934cr in FY22
Banks, NBFC stocks fall as RBI moves to curb risk in consumer lending
Banks and NBFC stocks are down sharply in trade on Friday after the Reserve Bank of India's (RBI) action raised the risk weightage on unsecured
Mounting pressure on banks’ top line
Revenue growth may dip in H2/FY24; A key challenge has been weak price performance by large banks
Banks entering period of low revenue growth for 2HFY24
Banks are entering a period of low revenue growth for 2HFY24 as the cost of funds is yet to peak for all players, Kotak Institutional Equities said in...
RBI issues new directions to banks, NBFCs on IT governance & cyber...
The RBI has issued a new comprehensive Master Direction to banks and NBFCs on Information Technology Governance, Risk, Controls and Assurance...
Adani Cement refinances $3.5 billlion loan
Adani Cement had in September last year acquired Ambuja and ACC for $6.6 billion deal, making it the second largest cement maker in the country
RBI’s intervention in unsecured loans could hurt growth of banks,...
Undeterred growth and risk mispricing in unsecured loans, mainly personal loans, cards over the past two years invite warning shots from the RBI,...
Razorpay launches AI-powered payments routing system
'Optimizer' will protect businesses from annual losses of over 7,000 crore due to transaction failures