This growth indicates a decline in non-banking finance firms' reliance on international borrowing, resulting in a noteworthy boost in the share of NBFCs in the overall credit landscape
Read MoreThe new fund will provide investors with a convenient, cost-effective route to benefit from the vast opportunities in this sector over the long term. It will open on 18 August, and close on 28 August
Read MoreThese strategic moves to adjust interest rates for fixed deposit products valued at less than Rs 2 crore come in the wake of the RBI recent decision to maintain the repo rate at a consistent 6.5 per cent
Read MoreMultiple banks have recently raised their Fixed Deposit interest rates for both senior citizens and general customers during this month
Read MoreThis translates to a dollar equivalent of USD 12,400 in FY47, a substantial increase from around USD 2,500 in FY23
Read MoreThis initiative is being spearheaded by the Reserve Bank Innovation Hub (RBIH), a fully-owned subsidiary of RBI
Read MoreThe Joint President – Alternate Channel at Kotak Mahindra Life Insurance, Piyush Trivedi, shares insights on transforming customer engagement
Read MoreDuring this period, the bank observed a growth of 14.64 per cent in deposits, resulting in a total of Rs 7,064 crore
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