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October 28, 2023

By Unknown Author from NYT World https://ift.tt/MtYPqNj
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Tamilnad Mercantile Bank to focus on phygital platform, network expansion: MD&CEO

September 15, 2022

The Tamil Nadu-based bank's Managing Director and CEO S Krishnan who recently assumed office said retail, agriculture and micro, small and medium enterprises (RAM) segments would be the focus areas as this vertical comprises 88 per cent of the bank's exposure. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/Iak2dgJ via IFTTT

India's Paytm Payments Bank granted status upgrade

December 09, 2021

Paytm Payments Bank, a niche bank that cannot lend on its own, had more than 64 million savings accounts and over 52 billion Indian rupees ($688.5 million) deposits, including savings accounts, current accounts and fixed deposits with partner banks at the end of March this year. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3pJr1JN via IFTTT

Punjab and Sind Bank to sell KSK Mahanadi loans to ARCs

January 27, 2024

Punjab and Sind Bank, frustrated by the delay in resolving KSK Mahanadi Power's corporate insolvency, plans to sell its debt to asset reconstruction companies (ARCs). The bank has invited offers from ARCs for its loans to KSK Mahanadi Power and KSK Water Infrastructure. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/zNAIE1p via IFTTT

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