SBI also said that a 5 bps concession will be given to women borrowers under each category of loans.
Supersedes board, appoints admin; exposure to HDIL bone of contention
If a fintech firm requires interface with a core banking system for example, a real-time and scaleable model of it will be made available
The move is a follow-up to instances of illicit deposits - after demonetisaton - in bank accounts opened under the Pradhan Mantri Jan-Dhan Yojana
The Jalan committee report will not have the views of former finance and economic affairs secretary Subhash Chandra Garg
Moreover, it will also allow the RBI to directly give liquidity support to the stressed HFC sector
PSBs' FY19 pre-tax loss seen at Rs 1.2 trn