The report indicates a 37 per cent increase in demand for Rupay credit cards in India's 706 small towns and cities during the July-September period compared to the previous quarter.
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HDFC bank's wholesale loan book grows 11 per cent YoY to Rs 4.04 Trillion by 30 June, with Slight Sequential Decline, said the CFO
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Under the theme of "What It Takes to End Poverty on a Liveable Planet", the 2023 Annual Meetings will tackle critical issues related to poverty eradication and sustainability
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Furthermore, Sebi has made it optional for investors to submit their 'choice of nomination' for trading accounts, in a move aimed at simplifying business processes
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RBI has asked commercial banks and Non-Banking Finance Companies (NBFCs), to display information regarding borrowers.
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The RBI clarified that these penalties are imposed on the banks and the NBFC based on shortcomings in regulatory compliance and do not serve as judgments on the validity of any transaction or agreement entered into by them with their customers
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In January 2022, P2M transactions accounted for 40.3 per cent of all UPI transactions compared to 57.5 per cent in June 2023 and this percentage is likely expected to keep growing
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The rupee closed at 83.14 against the US dollar as compared with 82.93 in the previous session
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