Personal finance

Stuart Lewis, Chief risk officer, Deutsche Bank AGDeutsche Bank has been implementing a transformation strategy across its global operations that includes exiting some of its non-core activities. Stuart Lewis, chief risk officer at…
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Singh, who was once governor of the Central bank before his entry in politics, maintained that the RBI is a “great national institution”, and hoped that it will find the required solution to the crisis.Former prime minister Manmohan…
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The lender’s AUMs came in at RS 89,471 crore, an increase of 21.8% year-on-year.PNB Housing Finance’s loan disbursements for the second quarter of the current fiscal fell by nearly 35% sequentially to Rs 4,970 crore, at a time when the…
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Thakur said the BJP government has brought in reforms to make balance sheet of banks healthy, which have doled out huge amount of loan during UPA 2 regime.The regulator, auditor and management should be held responsible for fraud in…
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According to the seventh edition of the TransUnion CIBIL MSME Pulse Report, the commercial credit growth slowed in the June quarter, after growing steadily for several years.The slowing economic growth, rising delinquencies and hamstrung…
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Withdrawals were initially limited to Rs 1,000 per account. The limit was subsequently relaxed to Rs 25,000 and then to Rs 40,000.Representatives from Punjab & Maharashtra Cooperative (PMC) Bank on Wednesday met Reserve Bank of India…
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The overall leverage of the InvITs and the underlying SPVs put together shall be within the permissible leverage as per the board approved policy of the banks,” it said.The Reserve Bank on Monday asked banks to put in place a…
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It can be noted that on August 30, the government had decided to allow state-run lenders’ boards to appoint chief risk officers and pay them as per market salaries.Arundhati Bhattacharya, the past chairman of State Bank, on Wednesday…
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RBI has initiated action against three banks on Wednesday.RBI: Following the expose of a major scam in Punjab and Maharashtra Cooperative Bank (PMC), the Reserve Bank of India has cracked the whip on cooperative banks. The Banking sector…
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The volume of securitisation transactions by housing finance companies (HFC) and non-banking finance companies (NBFC) soared by 48% year-on-year to `1 lakh crore in the first half of the current fiscal, according to a report by Crisil…
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