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Conscious call not to accept high cost deposits, says HDFC Bank CEO

HDFC Bank shares came under pressure after the Oct-Dec earnings numbers due to slower than expected growth in deposits and compression in net interest margin

StanChart to continue focus on wealth management in India: Senior executive

Credit card 'core business' but will avoid competing with the country's private banks, says Kusal Roy

RBI extends deadline for Paytm Payments Bank restrictions to March 15

Merchants can accept payment if account linked to other banks

Paytm Payments Bank curbs may have limited impact, shows data

90% of its UPI users have accounts linked with other banks

State Bank of India to follow SC's verdict on electoral bonds scheme

5-judge bench of SC, comprising Chief Justice DY Chandrachud and Justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra, on Thursday barred SBI from any further issuance of electoral bonds

Visa, Mastercard top executives meet RBI officials after BPSP biz hit

Banking regulator issue directions to card networks, fintechs to put on hold all commercial card-based transactions made by firms

Audit of Rs 22.7K cr microloans due to large claim amount: Bandhan CEO

The maximum eligible amount a bank can claim under the CGFMU insurance is 15 per cent of the total insured amount

On the cards: Automated reconciliation system to plug I-T mismatches

No documents needed; dept won't send notice

Monetary policy: RBI dashes early rate-cut hopes, maintains status quo

RBI says lending rates not hiked enough

Have to remain vigilant about incoming data and outlook, says RBI

RBI governor Shaktikanta Das responded to a range of issues during the post policy media interaction

RBI mulls revoking Paytm Payments Bank licence or superseding board

Action may come once pipeline transactions settled

Shadow of KYC-led money laundering falls over Paytm Payments Bank

Payments bank says it has upheld compliance with supervisory instructions

Unanimity among current RBI monetary policy committee's internal members

The first MPC formulated policies between October 2016 and August 2020. The second MPC, with three new external members, was established in October 2020

RBI Deputy Governor urges for stringent governance standards in UCBs

He added that it is essential for the director to understand the bank's financial statements as it is important for laying down underwriting standards and assessing credit proposals

Rana Talwar: Indian trailblazer who took Citi, StanC to new heights

Talwar, the son-in-law of real estate tycoon KP Singh, chairman emeritus of DLF, also served on the board as a non-executive director

New affordable housing plan likely before 2024 Lok Sabha elections

Govt takes feedback for credit-linked subsidy scheme in urban areas

Reserve Bank of India allows LIC to increase stake in HDFC Bank to 9.99%

HDFC Bank further said LIC has been advised by RBI to acquire the aforesaid major shareholding in the bank within a period of one year, i.e., by January 24, 2025

Dhanlaxmi Bank's CEO to continue till the successor assumes charge

Dhanlaxmi further said that the board has already approved a panel of candidates for the chief executive officer position and has sought the regulator's approval

Canara Bank has increased lending rates for NBFCs by 15-50 bps: CEO

The state-owned lender will raise funds when market conditions are favourable, says K Satyanarayana Raju

Canara Bank Q3 results: PAT up 26.86% at Rs 3,656 cr driven by loan growth

Net Interest Margins (NIM) for the third quarter stood at 3.03 per cent, compared to 3 per cent in the previous quarter and 3.05 per cent in the same period last year