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Finance

G20 DRRWG to discuss ways of managing disaster risk, financing in Mumbai

The second meeting of the G20 Disaster Risk Reduction Working Group (DRRWG) will explore innovative ways of managing disaster risk and financing for...

Bad loan firms call for rule change to open up sector to new players

Urban Co-op Bank profiles improve on bad loan dip, better profitabilitySBI personal banking loan book up Rs-5 trn mark, helped by digital push'Historical'...

Private sector banks post 9.7% decline in net profit

Private sector banks reported a robust profile with healthy growth in net interest income (NII), credit offtake and reduction in provision burden for...

RBI asks citizens to settle fee, charges on forex prepaid cards in rupee

The Reserve Bank of India (RBI) on Tuesday directed to settle fees and charges payable in India on forex prepaid cards, store value...

Increase in premium amount of life insurance a big concern for customers

'Company does not keep in touch' is cited as the potential reason for customers leaving, according to 22 per cent of the people,...

India’s economic growth prospects have brightened, says Fitch Ratings

Global ratings agency Fitch reiterated its BBB- rating with a stable outlook on India’s long-term sovereign debt, saying that growth prospects have brightened...

Pension scheme returns ‘exceedingly good’ versus benchmarks: PFRDA

By Ira Dugal and Aftab Ahmed India's national pension scheme offers "exceedingly good" returns of 9-12%, compared to most benchmarks, a top official at...

Reserve Bank of India imposes penalty worth Rs 1.75 crore on HSBC

RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%RBI MPC: Here is what experts have to say...

FSDC pitches for a special drive to settle unclaimed deposits in banks

High-powered Financial Stability and Development Council (FSDC) headed by Finance Minister Nirmala Sitharaman on Monday asked the regulators to initiate a special drive...

Banking system sheltered from wider sector turmoil seen globally: FSDC

NEW DELHI (Reuters) - India's Financial Stability and Development Council (FSDC) considers the country's banking system to be protected from any spillover from...

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