Canara Bank hikes lending rate by 5bps

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‘After merger in 2022, HDFC faced hostile banking landscape’

HDFC Bank MD & CEO Sashidhar Jagdishan acknowledged that the merger with HDFC faced unforeseen challenges due to a tightened global economic situation. Changes included RBI's rate hikes and a shift in consumer preferences. Emphasizing branch expansion, Jagdishan highlighted the importance of greater deposit growth over credit growth to navigate the tough economic landscape.

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Olympic games will boost French economy: French central bank

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Standard Chartered Bank exits Protean eGov Tech, sells stake

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DBS Bank CEO Piyush Gupta to step down in March 2025; Tan Su Shan to take over

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