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Money & Banking

Money & Banking

Banks’ loan rates rise post 50 bps rate hike by RBI

Money & Banking

Banks’ excess holdings of SLR securities moderate to 8.8%

#Reassuring numbers

CareEdge Ratings records an all-time high Credit Ratio

#Brand new

Karnataka Bank launches special loan campaign

Money & Banking

‘Policy statement is a nudge to stay nimble and agile in a volatile global environment’

#Celebrating a milestone

Margadarsi Chit Fund celebrates 60th anniversary

Banks have a collective exposure of about ₹900 crore

NARCL increases offer to ₹110 crore to buy Rainbow Papers

The asset reconstruction company had earlier offered ₹90 crore, which was rejected by the banks
By K Ram Kumar
#Higher appetite

Mudra loans log a record 30% growth in H1 FY23

#Falling through

Naspers calls off $4.7-billion deal to acquire BillDesk

#Critical moments

Credit Suisse shares hit record low, on track for its biggest ever annual drop

Today’s poll

Can India replace China to become the world’s manufacturing hub?
#Inclusive scheme

Department of Financial Services to organise special campaign from Oct 15 to Nov 26

#Downsizing for the winter

WazirX lays off 40% of its staff to weather crypto winter

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