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.
This action is based on certain material supervisory concerns observed in the manner of onboarding of their customers onto this mobile application, says RBI.
The third IPO from India’s mutual fund industry is worth ₹2,160 crore.
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.
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.
A detailed look at data reveals that Modi 1.0 had a far superior record on disinvestment compared to UPA 2.0.