The central bank has imposed Rs 1 crore on state-owned Punjab & SInd Bank for violating lending rules. ESAF Small Finance Bank will have to pay Rs 30 lakh for deficiencies in customer service.
Billionaire investor Howard Marks, in his interaction during his Mumbai visit, described the current market cycle as unusual, making it difficult to pinpoint its exact
China’s overnight and seven-day repo rates surged in February, while bond investors took losses from a sharp rise in yields. Banking liquidity in India suffered
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