The decision comes in the wake of risks to inflation and growth from rising crude oil prices and supply chain disruptions due to the West Asia war.

ISBs provide financial security equivalent to Bank Guarantees, while significantly reducing the credit exposure and liquidity constraint

Financial bids likely in February or March for IDBI Bank’s strategic sale

The committee will examine reforms, consolidation, regulatory changes, and ownership patterns to strengthen banks and NBFCs for the next growth phase

Despite the push for digital transformation, customer acquisition continues to depend heavily on expensive intermediary networks

The claim has been paid to farmers in over 30 villages in Tonk and will benefit 500 farmers