RBI bars Bank of Baroda from onboarding new customers onto mobile app
This action is based on certain material supervisory concerns observed in the manner of onboarding of their customers onto this mobile application, says RBI.
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October 2023
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UTI investors to sell multi-bagger AMC stock
The third IPO from India’s mutual fund industry is worth ₹2,160 crore.
Pvt sector leaders in PSBs: End of an experiment
The government’s experiment in hiring talent from the private sector to head public sector banks has ended with former Citibanker P.S. Jayakumar leaving Bank of Baroda.
Top three public sector banks post cheery Q1 results
State-owned lenders SBI, BoB, and PNB have all posted profits for the quarter ended June 30. Recoveries have been flat but cutting interest rates on deposits should help increase their margins.
Decoding disinvestments
A detailed look at data reveals that Modi 1.0 had a far superior record on disinvestment compared to UPA 2.0.
