Category: RBI–Banks
OTS scheme not a borrower’s right without upfront payment: Supreme Court | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/ots-scheme-not-a-borrower-s-right-without-upfront-payment-supreme-court-125091701267_1.html Apex court rules SBI justified in rejecting OTS plea for non-compliance with 5% deposit condition Allowing SBI’s appeal, the apex court held that
***SBI credit card protection cover to cost less, new benefits kick in Sept 16 | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/sbi-credit-card-protection-cover-to-cost-less-new-benefits-kick-in-sept-16-125082600666_1.html Cardholders to pay less for SBI’s protection plan from September, as CPP variants get revised fees without losing key fraud cover and emergency
Expect an extended pause in rates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/expect-an-extended-pause-in-rates/article69906884.ece With inflation expected to remain elevated in FY27, there’s little headroom for further rate cuts Interest rate transmission is yet to fully play
Banks’ credit growth to remain low as corporates using other funding sources in low interest rate regime: SBI Report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-credit-growth-to-remain-low-as-corporates-using-other-funding-sources-in-low-interest-rate-regime-sbi-report/article69886238.ece Share of incremental bank credit in total resource flow expected to fall from 31.3% in FY25 to just 22% by second quarter of
Comprehensive1*******Lender loses property documents: Apply to sub-registrar for title copies | Personal Finance – Business Standard
lipped from: https://www.business-standard.com/finance/personal-finance/lender-loses-property-documents-apply-to-sub-registrar-for-title-copies-125080101401_1.html Before you can do so, the bank must issue a non-traceable certificate, file an FIR, and publish a public notice in newspapers on
Four PSBs seek 1-year extension to comply with shareholding norms
Clipped from: https://www.business-standard.com/economy/news/four-psbs-seek-deadline-extension-to-meet-minimum-public-shareholding-norms-125072901236_1.html As per SEBI norms, listed entities must reduce promoter shareholding to 75 per cent Emails sent to the five PSBs and the finance
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