The RBI said in its annual report on 30 May that it has finalised a strategic plan for the financial year 2024-25
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iCPX is an open API-based source-to-pay platform for corporate procurement ecosystem. iCPX embeds AI agents while fostering the API economy
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Consolidated Profit after tax increased by 22 per cent YoY to Rs 4,468 crore as against Rs 3,670 crores last year.
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Capital Small Finance Bank will utiilise its network and customer base to distribute ICICI Lombard’s suite of general insurance products, including health, motor, home etc.
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Federal Bank's customers will get access to Tata AIA Life’s comprehensive insurance product suite.
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Sitharaman, in a post on social media platform X, added that the code has played an important role in resolving insolvencies
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According to RBI, this initiative, initially introduced as a draft on January 15, 2024, has now been refined based on feedback from various stakeholders.
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The report says that the majority of frauds in terms of the number have occurred in the digital payments category (card/internet), while in terms of value, they have primarily been reported in the loan portfolio
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