Point of Sale (PoS) transactions rose by almost 6.7% to reach Rs 52,961 crore, while e-commerce payments surged to Rs 95,641 crore.
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Anand Pejawar, Whole-time Director at SBI General Insurance, shares insights on industry trends, digital transformation and CSR initiatives shaping India's insurance landscape
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Administered by PFRDA, APY seeks to institute a broad social security scheme for unorganised sector labourers.
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NARCL was established to resolve stressed loan assets exceeding Rs 500 crore, totaling about Rs 2 trillion. In Phase I, fully provisioned assets of about Rs 90,000 crore are set to be transferred to NARCL, while assets with lower provisions will be transferred in Phase II
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ONDC is commencing with three offerings - health insurance, marine insurance, and motor insurance.
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The auction of government-dated securities initially planned for Friday will now take place on Thursday, with settlement scheduled for Friday.
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Expansion in wholesale credit, constituting 60 per cent of total credit, is expected to moderate to 11-11.5 per cent this year, down from the previous decade's peak of 15 per cent last year.
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Bloomberg Global Aggregate, market expectations suggest that the inflows could potentially reach USD 50 billion by the close of the coming year.
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