Top Indian Banking Industry News & Updates - 12 Aug 2023,Saturday
🗎 RBI / MoF / Govt. Policies
📝 RBI Governor calls for expeditious completion of IMF quota review
📝 There should be realistic green ratings to assess actual environmental impact of projects: RBI Governor
📝 India is emerging as global growth engine: RBI Governor
📝 RBI Monetary Policy Committee announcements: Here’s everything you need to know
📝 UPI can play vital role as a global public asset: RBI Governor Das
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🏦 PSB / Pvt Banks
📝 Post merger, HDFC Bank chief Sashidhar Jagdishan flags funding risk; says net interest margins to be hit
📝 Pankaj Sharma resigns as Chief Operations Officer of RBL Bank
📝 Bank of Baroda increases interest rates on these loans by by 5 bps; loan EMIs to increase
📝 City Union Bank posts ₹227 cr net profit in Q1
📝 BoB, Canara, BoM hike lending rates by up to 10 bps
📝 Private sector should also fund GPGs to aid inclusion: Shaktikanta Das
📝 SBI aims for 1 lakh Customer Service Points by March 2024
📝 Maruti Suzuki partners with HDFC bank to introduce ‘Xpress Car Loans’
📝 Banks cautious on lending to small businesses despite high demand, lower NPAs: Report
📝 Axis Bank hikes FD interest rate by 15 bps on this tenure
📝 ESAF post 23% growth in net profit at ₹129.96 crore in Q1 FY24
📝 Suryoday Bank’s Q1FY24 net profit soars 514% to ₹47.6 cr
📝 SBI tops Reliance to become India's most profitable company; check top 10 profitable firms in June quarter
📝 City Union Bank posts ₹227 cr net profit in Q1
📝 Senior Citizens fixed deposit (FD) rate hike news: This bank offers more than 9% interest rate
📝 Total assets of IFSC banking units surge over 30% to $38.28 billion
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🏠 Housing Finance
📝 New guidelines soon on banks resetting tenor & EMI of your home loans
📝 Home loan biz will benefit from low cost of funds: HDFC Bank chairman at AGM
📝 Star Housing’s Chairman Ashish Jain reappointed
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💳 ATMs / Credit Cards
📝 Co-branded credit cards are a smart choice
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🗎 NBFCs / FIs / MFI
📝 Sundaram Finance Q1 profit grows 24% at ₹281 cr
📝 Muthoot Finance post 22% rise in net profit at ₹975 crore in Q1 FY24
📝 NCLT approves NARCL's resolution plan for two Srei group firms
📝 Power Finance Corp announces 1:4 bonus issue of shares to investors
📝 Poonawalla Fin likely to tap PEs
📝 Manappuram Finance post consolidated net profit at ₹498 crore in Q1
📝 For Max Financial Services, capital infusion to boost growth plans
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UPIs / Wallet / FinTech
📝 SBI Card allows RuPay credit cards on UPI. Here is how to link
📝 BharatPe to double its POS network in India over the next 12 months
📝 ‘MobiKwik is becoming a digital bank-like platform’
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Crypto
📝 Bitcoin-based GoSats introduces its Independence Day benefits’ package for users
📝 Bittrex to pay $24 million penalty over SEC crypto allegations
📝 Bitcoin falls below $29,400; Shiba Inu, Solana surge up to 3%
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🗠 Mutual Funds / AMCs
📝 Zerodha gets final nod for AMC licence from Sebi
📝 Helios Capital gets Sebi’s nod to launch mutual fund business
📝 Key taxes may be kept out of MFs’ expense ratio ambit
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🗎 Govt. Securities / Bonds
📝 2 Adani group units in talks to tap bond market to raise up to Rs 3,000 crore: Report
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