According to the RBI, before continuing to lend to borrowers who are subject to compromise settlements, banks and non-banking financial institutions must give them a chance to cool off.
Earlier on June 6, 2023, RBI guidelines allowed banks to offer resident clients onshore NDD Contracts.
He noted that Yes Bank is also counting on a faster increase in fee income to help boost margins.
A QR code is displayed on the ATM screen once the customer enters the withdrawal amount after selecting the 'UPI Cash Withdrawal' option at a Bank of Baroda ATM.
On Monday, it was revealed that a second VRRR auction for 1 trillion rupees would take place, this one lasting only four days.
Investors with very high risk appetite and want to invest for 5 to 7 years in a silver mutual fund should invest in Mirae Asset Silver ETF.
Amount will be raised through debt, equity or a mix of both.
Cumulative profit of these banks up y-o-y by 57%.
RBI will inject Rs 50,000 crore into the banking system through the auction.
British pound at near 1 year high.