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Trust, not profit, defines banking sector’s long-term success: RBI deputy governor

Trust, not profit, defines banking sector's long-term success: RBI deputy governor CHENNAI: Underscoring the importance of trust in banking, Deputy Governor of the Reserve Bank...

CEA flags ‘structural constraints’ in nation’s $30-trillion economic dream

CEA flags 'structural constraints' in nation's $30-trillion economic dream CHENNAI: Flagging "deep structural constraints" in India's growth story, Chief Economic Advisor (CEA) V Anantha Nageswaran...

Stock market holiday today: Are NSE, BSE and MCX open or closed on May 1 for Maharashtra Day and Labour Day? Check now

Stock market holiday today: Are NSE, BSE and MCX open or closed on May 1 for Maharashtra Day and Labour Day? Check now NSE Holidays...

TRAI pushes for tech that enables real-time accident alerts, traffic monitoring

TRAI pushes for tech that enables real-time accident alerts, traffic monitoring India's telecom regulator on Thursday released a consultation paper on how to roll out...

Federal Bank to acquire 4.5 lakh Standard Chartered card portfolio

Federal Bank to acquire 4.5 lakh Standard Chartered card portfolio Mumbai: Federal Bank will acquire a select India credit card portfolio from Standard Chartered Bank...

New credit loss norm could hurt

New credit loss norm could hurt For decades Indian banks managed bad loans under the Incurred Loss (IL) approach. Banks provisioned only after borrowers actually...

Sebi announces norms to fast-track launch of AIF schemes

Sebi announces norms to fast-track launch of AIF schemes Mumbai: The Securities and Exchange Board of India on Tuesday introduced a fast-track mechanism for processing...

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