All Banking & Crypto Related Details

Bank credit also rose by 6.7 per cent to Rs 109.12 lakh crore in the fortnight ended September 10, RBI data showed. In the fortnight ended August 27, 2021, bank credit had increased by 6.67 per cent and deposits by 9.45 per cent. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/2XRCmOc via IFTTT

Citi said most of these concerns should get addressed starting from the second quarter of FY22. The brokerage has raised target price to Rs 1,900 from Rs 1,800 and retained a buy rating on HDFC Bank shares. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3ij2ysf via IFTTT

In his previous stint, Nehul Malhotra was executive director at Russell Reynolds Associates. He has an in-depth understanding of fintech, having spent 4.5 years at Paytm. During his stint at Paytm, he held multiple roles including head of customer service, head - payments merchant management and head - seller onboarding for Paytm Mall. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3u636Gc via IFTTT

There would be vibrant banks, he said, if the government got it right on transparency, rule of law, ability to operate governance and accounting. On being asked whether his plans for India changed with the pandemic, Dimon replied his company was in the country for the long run. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3zDTSSJ via IFTTT

Banks have reached out to the government seeking priority sector tag for retail trade and infrastructure. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3CCLC7v via IFTTT

According to the results of the voting held at the September 21 annual general meeting, as much as 99.94 per cent of shareholders who participated in the voting favoured his reappointment as the managing director and chief executive of the mid-sized lender. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3CtvuVY via IFTTT

"As part of its commitments, the bank has set a target of incremental lending of Rs 30,000 crore over the next 5 years, under wholesale banking towards pertinent sectors included in its Sustainable Financing Framework (SFF)," Rajesh Dahiya, Executive Director (Corporate Centre), Axis Bank told PTI. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/3nVgKuU via IFTTT