Indian Banking Industry News & Updates
Need proactive risk mitigation measures to tackle cyberattacks: RBI
Speaking at the Conference of Heads of Assurance of Urban Cooperative Banks here on Thursday, the deputy governor said that in the ever-changing landscape of banking, new risks constantly emerge. While traditional risks like credit, market and liquidity risks remain significant, new challenges like cybersecurity threats and operational disruptions have emerged.
Sebi fines Rs 8 lakh on Reliance Home Finance for disclosure lapses
The fine has to be paid within 45 days, the Securities and Exchanges Board of India (Sebi) said.
HDFC Bank raises USD 500 mn from IFC for on lending to women borrowers
HDFC Bank gets $500-million IFC funding for micro loans to women
The Financial Express
RBI approves appointment of Pradeep Natarajan as IDFC FIRST Bank's Whole Time Director
RBI approves appointment of Pradeep Natarajan as Whole Time Director for IDFC FIRST Bank
The Financial Express
Bajaj Finserv MF adds to variety in multi-asset allocation category
The fund house has taken the dividend yield route to generate regular income while also lowering the volatility of the equity portion. According to the fund house, the equity allocation will generally range from 65-70 per cent.
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