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The relative performance of the banks would be influenced by five key trends— a revival in corporate credit, potential rate cuts, a potential slowdown in unsecured consumer credit, divergence in deposit growth rates and normalisation of credit costs/RoA.
Bengaluru (Karnataka) [India], August 10 (ANI/PNN): This Independence Day, Supr Daily has announced a special offer and is providing the biggest discount on groceries.
Updated Feb 27, 2021 | 16:29 IST Reliance, Google, and Facebook will team up with So Hum Bharat Digital Payments Pvt Ltd to submit their proposal to the Reserve Bank of India Reliance teams up with Google, Facebook in seeking NUE licence for retail payments | Photo Credit: BCCL New Delhi: Reliance Industries Ltd has partnered with Google and Facebook to seek a license to set up a New Umbrella Entity (NUE) for retail payments in the country. The umbrella entity will allow them to create a payments network similar to the Unified Payments Interface (UPI) to...
February 27, 2021 Reliance Industries Ltd has partnered with Google and Facebook to seek a license to set up a New Umbrella Entity (NUE) for retail payments in the country, the Economic Times reported. Reliance, Google and Facebook will team up with So Hum Bharat Digital Payments Pvt Ltd to submit their proposal to the Reserve Bank of India (RBI), the report said citing unnamed sources. So far, apart from the So Hum and Reliance joint application for a NUE license, a consortium led by the Tata Group and another led by Amazon-ICICI-Bank-Axis Bank are reportedly in the running to apply for an N...
Seven of 11 sector gauges compiled by the National Stock Exchange were trading loser led by the Nifty Private Bank index's 1.3 per cent decline