Indian fintech Paytm targets profitability within two quarters
India's Paytm on Monday said it was aiming to become profitable in one-to-two quarters, after it reported a narrower ...
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RBI Tightens Dues Recovery Rules for Asset Reconstruction Companies
The Reserve Bank of India has revised guidelines for Asset Reconstruction Companies, requiring thorough exploration of all ...
RBI announces Guidelines on Settlement of Dues of borrowers by ARCs
The Reserve Bank of India (RBI) has issued guidelines on Settlement of Dues of borrowers by Asset Reconstruction Companies (ARCs). The revised guidelines mandate that ARCs adopt a more structured ...
RBI appoints members to advisory committee on Universal and Small Finance Banks
The applications for Universal Banks and Small Finance Banks are initially screened by the regulator, to ensure 'prima facie ...
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Latest Updates on Banking and Finance
Stay updated with the latest updates in banking and finance, including key developments, regulatory changes, financial ...