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ICICI Bank sees RBI repo rate cuts impacting margins

Mumbai, April 19 -- ICICI Bank expects its net interest margins to come under pressure in the months ahead, as the Reserve Bank of India's repo rate cuts begin to bite. The private sector lender antic... Read More


JPMorgan Chase Bank India to expand presence in startup banking, says CEO Chawda

New Delhi, April 17 -- Mumbai: JPMorgan Chase Bank India is looking to expand its startup banking segment to include over 100 companies in the coming years, a senior executive said, as it looks to dee... Read More


JPMorgan India to expand presence in startup banking, says bank CEO Chawda

Mumbai, April 17 -- JPMorgan India is looking to expand its startup banking segment to include over 100 companies in the coming years, a senior executive said, as it looks to deepen its presence in In... Read More


AGS Transact chair Ravi Goyal says will pay salaries in tranches, not shutting down

Mumbai, April 10 -- Cash dispenser manager AGS Transact Technologies Ltd plans to clear pending salaries in tranches, and will finalize and share details in 10 working days, chairman and managing dire... Read More


Mint Explainer: How RBI's latest rate cut, change in stance impact borrowers, depositors

Mumbai, April 9 -- The Reserve Bank of India (RBI) on Wednesday lowered the repo rate by 25 basis points (bps), taking the total cut in this easing cycle to 50bps. On top of that, RBI governor Sanjay ... Read More


RBI never wastes a good crisis, says deputy governor Swaminathan J

Mumbai, April 9 -- The Reserve Bank of India (RBI) will deal appropriately with those accountable if it finds there were lapses leading to what it calls "episodes" in the financial services sector, de... Read More


Governor speak: What Sanjay Malhotra said on tariff, rupee and liquidity

New Delhi, April 9 -- The Reserve Bank of India cut its key policy rate by 25 basis points to 6%-its second rate cut this year-thanks to its benign inflation outlook (4%, down from 4.2%). The central ... Read More


SBI scouts for fintechs to help customers print own debit cards

Mumbai, April 3 -- India's largest lender State Bank of India (SBI) is scouting for fintechs which can help it gain an edge over competitors with debt card solutions, including an option for customers... Read More


'RBI to focus on better customer service, protection'

Mumbai, April 2 -- The Reserve Bank of India (RBI) will push for wider financial inclusion and enhancing customer service and protection, governor Sanjay Malhotra said on Tuesday. "We shall strive to... Read More


RBI to focus on better customer service and protection, says governor Malhotra

Mumbai, April 1 -- The Reserve Bank of India (RBI) will push for wider financial inclusion and enhancing customer service and protection, governor Sanjay Malhotra said on Tuesday. "We shall strive to... Read More