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Government Nears Final Stage Of IDBI Bank Sale
The Indian government is in the final stages of identifying suitable bidders for a majority stake in IDBI Bank, according to Tuhin Kanta Pandey, Secretary
Indian Banks Dive Deeper Into Short-Term Debt
The country’s lenders are increasingly turning to short-term debt instruments to meet the soaring demand for loans. Certificates of deposits (CDs) issued by banks have
Indian Banks Enhance Deposit Rates Amidst Policy Changes
Indian banks are pushing special deposit programs with higher interest rates in an attempt to draw in retail deposits. Banks are providing deposit rates for
IMF Boosts India’s Growth Forecast Amidst Global Economic Challenges
The growth estimate for India has been revised upward by the International Monetary Fund (IMF), which now projects a 7% expansion for the fiscal year
Indian Banks Acknowledge Climate Change As Their Biggest Threat
The Reserve Bank of India (RBI) recently released its semi-annual financial stability report, highlighting an important yet often overlooked threat to the country’s financial system:
India’s Innovation Engine: Daily Capsule Keeps You Updated
In today’s fast-paced world, staying informed about India’s vibrant startup ecosystem can be a challenge. But fear not, the Daily Capsule is here to keep
Banks Struggle With New Trai Mandate On Digital Consent
The Telecom Regulatory Authority of India (Trai) has just implemented new requirements that banks in India must comply with. These regulations mandate digital consent for
ATM Operators Seek Rs 2 Increase in Interchange Fee for Viability
Mumbai: The National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI) have been contacted by the Confederation of ATM Industry (CATMI),
M2P Fintech and Bureau Forge Alliance to Combat Rising Fraud Cases
Due to the notable increase in fraudulent activity occurring within the banking system, M2P Fintech and Bureau have partnered to put strong fraud protection mechanisms
Indian Banks ask RBI to Ease Liquidity Rules to Boost Lending
In an effort to increase lending, Indian banks are pleading with the Reserve Bank of India (RBI) to loosen the present liquidity coverage ratio (LCR)