RBI enhances bulk deposit limit for large UCBs 6.66 times to ₹1 cr and above – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/rbi-enhances-bulk-deposit-limit-for-large-ucbs-666-times-to-1-cr-and-above/article67695579.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-enhances-bulk-deposit-limit-for-large-ucbs-666-times-to-1-cr-and-above/article67695579.ece The new bulk deposit limit applies to UCBs in the Tier 3 (with deposits more than ₹1,000 crore and up to ₹10,000 crore)

👌Mudra loans show record growth to ₹3-lakh crore in Q3 FY24 – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/mudra-loans-show-record-growth-to-3-lakh-crore-in-q3-fy24/article67695266.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/mudra-loans-show-record-growth-to-3-lakh-crore-in-q3-fy24/article67695266.ece Women applicants have been the driving force for growth in the Mudra loans, as per govt data In what can be seen

Sanctity of too-big-to-fail banks – The Hindu BusinessLine

https://www.thehindubusinessline.com/specials/current-account/vault-matters-sanctity-of-too-big-to-fail-banks/article67686289.ece Clipped from: https://www.thehindubusinessline.com/specials/current-account/vault-matters-sanctity-of-too-big-to-fail-banks/article67686289.ece SBI, HDFC Bank and ICICI Bank are classified as D-SIBs, but in reality, every bank is systemically important It has been a

 सतर्क रहा…! तक्रारीचे ऑनलाइन निवारण | सौजन्य लोकसत्ता

https://www.loksatta.com/business/personal-finance/what-is-the-mechanism-for-redressal-of-customer-complaints-of-banks-reserve-bank-what-is-the-integrated-ombudsman-scheme-print-eco-news-ssb-93-4131293/ Clipped from: https://www.loksatta.com/business/personal-finance/what-is-the-mechanism-for-redressal-of-customer-complaints-of-banks-reserve-bank-what-is-the-integrated-ombudsman-scheme-print-eco-news-ssb-93-4131293/  सतर्क रहा…! तक्रारीचे ऑनलाइन निवारण बँकिंग सेवेतील त्रुटी आणि कमतरता, त्यातून उद्भवणाऱ्या ग्राहकांच्या वेगवेगळ्या प्रकारच्या तक्रारी आणि त्यांच्या निवारणाच्या पद्धती सांगणारे नवीन

👍Banks raise over Rs 1 trn through CDs in Dec amid liquidity crunch

https://www.business-standard.com/industry/banking/banks-raise-over-rs-1-trn-through-cd-in-dec-amid-liquidity-crunch-123122900890_1.html Clipped from: https://www.business-standard.com/industry/banking/banks-raise-over-rs-1-trn-through-cd-in-dec-amid-liquidity-crunch-123122900890_1.html CDs, which are short-term debt instruments, are utilised by banks to raise funds Listen to This Article In an effort to fortify

Final decision on customer complaints should be communicated in 30 days: RBI tells Banks, NBFCs – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/final-decision-on-customer-complaints-should-be-communicated-in-30-days-rbi-tells-banks-nbfcs/article67689717.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/final-decision-on-customer-complaints-should-be-communicated-in-30-days-rbi-tells-banks-nbfcs/article67689717.ece The directive is aimed at improving consumer grievance redress within the regulated entities, besides improving customer service standards Regulated entities (REs) and

NBFCs face a perfect storm of consolidation, capital raising, and profitability pressures in 2024 – BusinessToday

https://www.businesstoday.in/industry/banks/story/nbfcs-face-a-perfect-storm-of-consolidation-capital-raising-and-profitability-pressures-in-2024-411244-2023-12-29 Clipped from: https://www.businesstoday.in/industry/banks/story/nbfcs-face-a-perfect-storm-of-consolidation-capital-raising-and-profitability-pressures-in-2024-411244-2023-12-29 The tighter liquidity, risky business models and asset-liability mismatches also affected other major NBFCs such as DHFL, Reliance Capital, and SREI Banks

Beyond numbers: How Artificial Intelligence is reshaping financial services – Digital Transformation News | The Financial Express

https://www.financialexpress.com/business/digital-transformation-beyond-numbers-how-artificial-intelligence-is-reshaping-financial-services-3350834/ Clipped from: https://www.financialexpress.com/business/digital-transformation-beyond-numbers-how-artificial-intelligence-is-reshaping-financial-services-3350834/ Reportedly, AI is revolutionising not only the financial services industry but industry across the many sectors Even at an early stage, the

Fiscal deficit down, Core sector growth soars in Apr-Nov – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/fiscal-deficit-down-core-sector-growth-soars-in-apr-nov/article67687546.ece Clipped from: https://www.thehindubusinessline.com/economy/fiscal-deficit-down-core-sector-growth-soars-in-apr-nov/article67687546.ece Centre’s CAPEX Push Continues, Spend up 31% at ₹ 5.86 lakh crore in April-November 2023 As the year 2023 draws to a

Bank credit to industry slows to 6.1%, services sector sees growth: RBI

https://www.business-standard.com/industry/banking/bank-credit-to-industry-slows-to-6-1-services-sector-sees-growth-rbi-123122900867_1.html Clipped from: https://www.business-standard.com/industry/banking/bank-credit-to-industry-slows-to-6-1-services-sector-sees-growth-rbi-123122900867_1.html The retail loans growth decelerated to 18.6 per cent in November 2023 from 19.9 per cent a year ago due to moderation

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