As SBI’s YONO suspended post SC verdict on Aadhaar, bank seeks clarification from RBI

As SBI's one-stop solution platform 'YONO' for accessing all the banking services digitally remained suspended following the Supreme Court's order on Aadhaar seeding, the bank has sought clarity from the RBI for an alternative solution, a top official said.

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State-owned banks’ losses widened nearly 3.5 times to Rs 4,284 cr in July-September

State-owned banks saw their cumulative losses widen nearly three-and-a-half times to Rs 14,716.2 crore in the July-September quarter of the current fiscal due to mounting bad loans.

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

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As SBI's YONO suspended post SC verdict on Aadhaar, bank seeks clarification from RBI

The digital platform 'YONO', launched in November 2017, offers all financial services and lifestyle products.

from Banking/Finance-Industry-Economic Times https://ift.tt/2QSnkz9

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State-owned banks’ losses widened nearly 3.5 times in Jul-Sep

State-owned banks saw their cumulative losses widen nearly three-and-a-half times to Rs 14,716.2 crore in the July-September quarter of the current f

from Business Line - Money & Banking https://ift.tt/2ONaaS9

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NPA tag for L&T Infra’s subsidiary

The classification of a special purpose vehicle, Chennai-Tada Tollways as an NPA may impact L&T IDPL’s initial interest in Jaypee Infratech’s Taj Expressway that connects Greater Noida with Agra, bank executives said.

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

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