🗎 RBI / MoF / Govt. Policies

📝  RBI stops banks, NBFCs from compounding penal interest on loans
📝  RBI to launch pilot on Public Tech Platform for frictionless credit: Soon, you will get loans in minutes; how it will work
📝  Lenders can't levy penal interest on loan accounts from January 1: RBI
📝  RBI withdraws need for sponsor for IDF-NBFCs
📝  RBI launches website to help locate unclaimed deposits across multiple banks
📝  RBI asks banks to provide borrowers option to switch to fixed interest rates
📝  No interest to be paid on penal charges imposed on loans: RBI
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🏦 PSB / Pvt Banks

📝  Competition Commission of India slaps Rs 40 lakh on Axis Bank
📝  City Union Bank explores co-lending in gold, vehicle & housing loans, in talks with gold loan cos, NBFCs
📝  P. R. Seshadri appointed new MD & CEO of South Indian Bank
📝  HDFC Bank underperformance may continue for next 2 years: Sandip Sabharwal
📝  Karur Vysya Bank revises FD interest rates: Senior citizens can earn 7.70% on this tenure
📝  Axis Bank cuts FD interest rate; check latest fixed deposit rates
📝  UCO Bank eyes at least 15% growth in operating profit for FY24
📝  HDFC Bank Group launches AMC, life insurance services at GIFT City
📝  Bandhan Bank disappoints Street in Q1; analysts 'positive' on the stock
📝  HDFC Bank, SBI or ICICI Bank: Which bank offers best FD rates? Know here
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🏦 Co-operative Banks / RRBs

📝  Karnataka Vikas Grameena Bank launches banking services on WhatsApp
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🏦 Foreign Banks / FIIs / I-Banks

📝  Barclays names new CEO, COO in reshuffle of key India market
📝  DBS Bank, Infor Nexus join hands to enable pre-shipment finance for SMEs
📝  UBS seeks to hire several private bankers to serve India’s rich
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🏠 Housing Finance

📝  Shriram Housing Finance eyes Rs 30,000 crore AUM by FY26
📝  These home loan borrowers can change loan tenures, EMIs or switch to fixed-rate during loan resets: RBI
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🔍 Rating / Research

📝  RBI expected to hold policy rate again at next review meeting: Crisil
📝  Weighted mean income trebled since AY14: SBI report
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🗎 NBFCs / FIs / MFI

📝  Jio Financial Services to get listed on stock exchanges on August 21
📝  RBI issues revised guidelines for IDF-NBFCs
📝  High cost of funds, rapid growth stay concerns for SFBs
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Crypto

📝  Bitcoin tumbles to 2-month low, slips below $26,500; XRP, Litecoin crash up to 16%
📝  Coinbase to discontinue USDT trading in Canada
📝  Tether to create a new software for crypto mining
📝  Bitcoin prices go below $26,000 mark: Why did the cryptocurrency reach a two-month low?
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🗠 Mutual Funds / AMCs

📝  Shriram Multi Asset Allocation Fund is open for subscription
📝  UTI Mutual Fund launches UTI Nifty Midcap 150 ETF
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  Sebi notifies rule; gives board representation to REITs' unitholders
📝  Motilal Oswal Alternates to raise Rs 2,000 crore for realty fund
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