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Banking & Finance

Amalgamation scheme: Nod from bourses for HDFC twins’ merger

HDFC Bank and HDFC have received approval from the stock exchanges for the proposed merger of the latter into...

Payments banks may ask RBI to let them lend

Payments banks are planning to request the Reserve Bank of India (RBI) to let them venture into micro lending....

Financial Services Institutions Bureau: FSIB to be much more than just a headhunter

The Financial Services Institutions Bureau (FSIB), which will replace the Banks Board Bureau (BBB), will be much more than...

India moves to leadership position in large-value digital payment system: RBI report

India has made significant progress and moved to a leadership position in large-value digital payment systems, though it is...

Finance ministry to do impact analysis of public-sector banks merger, seeks report from banks

The finance ministry has asked the large state-run lenders – such as Punjab National Bank (PNB), Canara Bank, Union...

Regulators must be mindful of BigTech interlinkages with financial institutions: Financial Stability Report

As large technology companies, often termed as ‘BigTech’, scale up and turn into “too-critical to fail” institutions, regulators must...

Bad loans of banks expected to decline further to 5.3 pc by March 2023: RBI report

The Reserve Bank on Thursday said the bad loans of banks are expected to further decline to 5. 3...

Post prepaid ban, NBFCs, fintech may bank on credit cards

Non-banking financial companies (NBFCs) and fintech lenders may look to explore the credit card route to reach out to...

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