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Latest Articles in Banking Finance

The Future of Lending in a Post-COVID World

The drive towards digital lending is bound to benefit both borrowers and lenders.

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Deutsche Bank: Global GDP To Hit Pre-COVID-19 Levels In Mid-2021

Deutsche raised its forecast for global GDP, expecting it to shrink 3.9% this year after predicting in May a contraction of 5.9% for 2020.

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SBI Card Users Can Now Make Payments Via Google Pay

The launch is in line with SBI Card's endeavour to promote zero contact, digital forms of payments for safe and enhanced customer experience. The brand has a customer base of over one crore.

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BBB Recommends 13 Names For Appointment As Executive Directors In PSU Banks

The list of selected candidates would be sent to the Department of Financial Services to get the Appointments Committee of Cabinet (ACC) approval.

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RBI Loan Restructuring: Will It Revive The Economy?

Instead of demoralizing the prudent decisions of the banks the RBI should allow the banks to employ one-time loan restructuring scheme to help harrowed borrowers. Banks should be given freedom to fabricate their own internal standards and strategies.

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Asian Finance And Health Ministers Pledge Support For Universal Health Coverage

During the 53rd annual meeting of the Asian Development Bank's (ADB) board of governors, ADB President Masatsugu Asakawa affirmed ADB's support for UHC as a foundation of strong health systems.

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We Advise Investors To Adopt Fund Route To Participate In Mid/small-cap Segment: Taher Badshah- CIO, Equities, Invesco Mutual Fund

In an interview with BW Businessworld, Taher Badshah- CIO, Equities, Invesco Mutual Fund, talks about recent market volatility, small & mid-caps segment, and more

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India's Fraud-Hit PMC Asked Other Major Banks For Merger - Administrator

PMC is a regional co-operative lender with 137 branches across six states in India, and its sudden downfall in late September 2019, has left thousands of its depositors struggling.

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Need For Speed: Flash Banking To Go Mainstream

Banking in the 21st century and the distant future will need to adopt an adaptive approach as per the demands of customers.

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ICICI Lombard Announces Bancassurance Tie-Up With Yes Bank

Global Head for retail banking at Yes Bank, said the bank's technology and branch network strength combined with innovative product offerings from ICICI Lombard will support customers fulfill their non-life insurance needs.

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RBI Lays Down Guidelines For Banks To Appoint Chief Compliance Officers

According to an RBI circular, the CCO should be appointed for a minimum fixed period of three years in the rank of a general manager or not below two levels of the rank of CEO.

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Yes Bank Repays Entire Rs 50,000 Cr SLF Dues To RBI

The government and RBI had replaced the entire board of the lender in March this year and also stopped depositors from accessing their funds for a few days.

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SBI Raises Rs 4,000 Cr Via AT1 Bonds At A Coupon Of 7.74 %

As the aggregate bids were in excess of Rs 6,000 crore, the bank exercised the full green shoe option of Rs 3,000 crore over and above the base issue size of Rs 1,000 crore.

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ICICI Prudential Life Partners With NSDL Payments Bank To Offer Insurance Products

Ashutosh Singh, CEO of NSDL Payments Bank, said the COVID-19 pandemic has emphasised the importance of having the right insurance plans and adequate insurance covers.

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RBI Outlines Sector-Specific Thresholds for 26 Sectors on 'Resolution Plan' Suggestions by KV Kamath Committee

RBI accepts the KV Kamath Committee recommendations; issues five specific financial ratios and the sector-specific thresholds for each ratio in respect of 26 sectors to be taken into account while finalizing the resolution plans

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