Tag: banking sector

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Posted in Economy

SBI chairman Shetty sees MPC’s repo rate pause ‘appropriate’ at this juncture: Report

State-owned lender SBI’s Chairman CS Setty said a pause would be an appropriate decision by the Monetary Policy Committee (MPC) at its upcoming policy meeting,…

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Posted in Economy

More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025

New Delhi: More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) were admitted under the Insolvency and Bankruptcy Code (IBC) until December 2025, with creditors realising…

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Posted in Economy

Not activating countercyclical capital buffer, says RBI

Mumbai: The Reserve Bank of India on Monday said it has decided against activating countercyclical capital buffer (CCyB) as the measure is not required in…

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Posted in Economy

Expected credit loss rules: New provisioning framework to come into force in April 2027

KOLKATA/MUMBAI: The Reserve Bank of India (RBI) Monday said it would go ahead with the implementation of the expected credit loss (ECL) framework from April…

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Despite being an outsider, Kotak Mahindra Bank CEO Ashok Vaswani says that having the founder, Uday Kotak, available as a sounding board gives him an advantage over many banking chiefs. (Bloomberg)
Posted in Business

Kotak Mahindra Bank eyes M&A as CEO touts capital for ‘jumbo deals’| Business News

Kotak Mahindra Bank Ltd. is on the lookout for acquisitions as the billionaire Uday Kotak-backed lender seeks to deploy its excess capital to scale up…

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