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Small finance banks to grow their loan book by 25-27% this fiscal: Crisil
Updated : 1 year, 11 months ago IST
Small finance banks (SFBs) are expected to grow their loan book by a robust 25-27 per cent this fiscal year, Crisil Ratings said on Monday.
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After UPI, RBI will now launch Unified Lending Interface or ULI for fricti
Updated : 1 year, 11 months ago IST
The technology platform for providing "frictionless credit" launched by the Reserve Bank of India (RBI) last year as a pilot project will be introduced nationwide soon, said Reserve Banks of India Governor, Shaktikanta Das on Monday.
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Decline in loan to deposits ratios in banks is because of lower money crea
Updated : 1 year, 11 months ago IST
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI over the fiscal year 2023-24. Cumulative net fresh money creation during this period amounted to only Rs 0.6 trillion, a contrast to approximately Rs 20 trillion created in the three fiscal year
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Meghalaya BSF intercepts two Indian nationals for sugar smuggling to Bangl
Updated : 1 year, 11 months ago IST
The troops of the 4th Battalion of the Border Security Forces in Meghalaya intercepted two Indian nationals with three vehicles loaded with huge quantities of sugar meant for smuggling into Bangladesh near the Lyngkhat bordering area under the Meghalaya's East Khasi Hills district on Saturda
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'Abducted' Pakistani YouTuber posts first video after coming home
Updated : 1 year, 11 months ago IST
He captioned the video as "loading..."
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60-65 per cent of India's household gold loans market still untapped, goes
Updated : 1 year, 11 months ago IST
Over the past decade, the organized gold loan market has seen steady growth, with the total assets under management (AUM) rising by 12 per cent annually to reach approximately Rs 6.2 trillion as of March 2023.
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Household real income continued to decline in recent months, higher govt s
Updated : 1 year, 11 months ago IST
The household (HH) situation in India has continued to deteriorate in recent months, with real income levels persistently declining, highlighted a report by 'Systematix Institutional Equities' a brokerage firm.
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India's gold loan market set for rapid growth amid rising prices; unorgani
Updated : 1 year, 11 months ago IST
The gold loan market in India is on the cusp of substantial growth, driven by rising per-gram gold rates and increasing customer demand. Currently, the market is predominantly controlled by the unorganized sector, which holds a 63 per cent share, while organized players, including banks and
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Telangana CM, Dy CM meets Union Minister Jyotiraditya Scindia
Updated : 1 year, 11 months ago IST
In the meeting, the leaders requested Union Minister Scindia to approve T-Fiber's Detailed Project Report, the transfer of NOFN Phase-1 to T-Fiber, an extension of the Bharat Net Udyami Incentive Scheme, and a long-term interest-free loan to support this initiative.
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KT Rama Rao files complaint regarding political violence against BRS membe
Updated : 1 year, 11 months ago IST
KT Rama Rao, Working President of Bharat Rashtra Samithi (BRS) filed a formal complaint regarding the political violence against the BRS party members involving the Congress party cadres and alleged police negligence.
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Telangana CM Revanth Reddy requests Rs 1,779 crore interest-free loan for
Updated : 1 year, 11 months ago IST
Telangana Chief Minister Revanth Reddy accompanied by Deputy Chief Minister Mallu Bhatti Vikramarka, met with Union Minister for Telecom and Communications, Jyotiraditya Scindia, in New Delhi on Friday and discussed the ambitious T-Fiber project, which aims to provide fibre connectivity to 6
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Telangana: Women journalist file complaint at Women's Commission after all
Updated : 1 year, 11 months ago IST
Speaking to ANI, Saritha said "Yesterday, while we were doing a ground report at Kondareddypalle on farmer loan waiver, some people snatched away our phones and used abusive language with us. We have filed a complaint yesterday on this at the local police station. Today, we have given a com
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