Deutsche Bank bets on India; zeroes in on bad-loan cleanup to generate outsized returns

Deutsche Bank AG, which is in the throes of a global restructuring involving thousands of job cuts, is zeroing in on an Asian market where an unprecedented bad-loan clean-up offers the potential for a credit bonanza.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2tWpjIq

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Vishwas Patel appointed Payments Council of India Chairman

Payments Council of India (PCI), an apex body representing companies in payments and settlement system, has a new Chairman in Vishwas Patel.Patel, w

from Business Line - Money & Banking https://ift.tt/2tNG4WT

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T Latha takes charge as MD and CEO, Dhanlaxmi Bank

Mumbai, July 2Dhanlaxmi Bank on Monday said T Latha has taken charge as Managing Director and CEO. Her appointment is for three years with effect from

from Business Line - Money & Banking https://ift.tt/2KtvQFG

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Allahabad Bank, PNB raise MCLR by up to 10 bps

Allahabad Bank and Punjab National Bank have raised their marginal cost of funds-based lending rate (MCLR) by up to 10 basis points. While Kolkata-he

from Business Line - Money & Banking https://ift.tt/2lLHBrZ

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Home loan overdraft accounts squeeze banks

The advantage is that no interest is charged on the home loan to the extent of the extra money kept in the account.

from Banking/Finance-Industry-The Economic Times https://ift.tt/2tKBfgT

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