We saw a phase after that when new infra projects came up and banks financed those despite not having long-tenure liabilities to match these assets. As a result, we saw NPA issues in the banking system because of delays in infrastructure projects.
In a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to invest in Maharajah
The timeline stands in contrast to Jagdishan’s previous reappointment. HDFC Bank’s board had recommended a fresh three-year term for him on March 4, 2023, nearly
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