The rating agency noted that the advisories being put out by the RBI concerning non-bank financial institutions (NBFIs) in the recent past have highlighted the compliance gaps in the sector
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The FD rate of interest is the percentage amount that a bank or financial institution agrees to pay on the principal amount invested in a fixed deposit account
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The proposed guidelines require lending service providers (LSP) to digitally share information about all available loan offers from willing lenders with whom they have lending arrangements
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The MLF loan operation also comes days ahead of the finance ministry's scheduled sales of the first batch of 1 trillion yuan in ultra-long-term special treasury bonds.
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The RBI has greenlit the implementation of this system by NPCI BharatBill Pay (NBBL), anticipating a significant stride in facilitating seamless transactions
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In accordance with Regulation 30 of the Listing Regulations, LIC announced in a filing with the stock exchanges that Sebi, through its letter dated 14 May 2024, has approved the extension
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Most are focusing on lending to logistics, data centres, multi-family rentals and the high-end office market while the office sector more broadly continues to struggle, deterring funds
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The ECB sees a number of opportunities from the use of generative AI by banks and other financial institutions,
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