IBA to soon move application to RBI for setting up Rs 6,000-cr bad bank

With registration of the company, the process for putting an initial capital of Rs 100 crore is on as per the guidelines, the sources said adding that the next step will be audit and then move application to the RBI seeking licence for the asset reconstruction company.

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IDBI Bank to explore avenues to grow corporate credit: Rakesh Sharma

IDBI Bank may explore avenues to grow its corporate credit book, especially in the mid-corporate segment, in a risk-calibrated and cautious manner, f

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Q1 performance: HDFC Bank profit up 16.1% to Rs 7,730 crore

Misses street estimates due to low biz volumes amid pandemic

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Digital payments are the new normal: UPI-based payment apps, digital wallets now eye smaller towns

As per data by EY, UPI-based digital transactions have increased by 110% in volume and 109% in value, from June, 2020 till June, 2021.

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MasterCard bar not to impact HDFC Bank

The bank has open architecture for products including cards, says MD & CEO

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