While contraction of #bank credit to large industries and #infrastructure remains a cause of concern, as per RBI. #Credit growth to medium industries has accelerated. We report

https://www.moneycontrol.com/news/business/rbi-bulletin-bank-credit-flow-to-industries-infrastructure-remains-a-concern-6586341.html?utm_source=telegram&utm_medium=social

#MCPro: It’s common knowledge that bond yields are hardening. But do you know the falling #bank investment in govt securities is at work, too?


https://www.moneycontrol.com/news/opinion/bank-investment-in-government-securities-is-coming-down-pushing-up-yields-6592921.html?utm_source=telegram&utm_medium=social

#MCPersonalFinance: Almost every financial product has special rates & benefits for women. Here are details of better deals that women get on #loans, #bank accounts, and insurance policies.

https://www.moneycontrol.com/news/business/personal-finance/women-get-better-terms-on-home-loans-stamp-duty-payments-and-insurance-policies-6601991.html?utm_source=telegram&utm_medium=social

#MCPersonalFinance: Concerned about updating your #KYC details for your #bank account in this #pandemic? The RBI has announced a string of initiatives to enhance video KYC.

https://www.moneycontrol.com/news/business/personal-finance/rbi-relaxes-kyc-norms-till-end-of-year-heres-what-bank-account-holders-must-know-6858211.html?utm_source=telegram&utm_medium=social

#MCPersonalFinance: The central bank has eased the norms for the know-your-customer (#KYC) process of #banks. Here's what #bank customers be aware of.

https://www.moneycontrol.com/news/business/personal-finance/rbi-amends-kyc-norms-heres-what-bank-customers-must-know-6882961.html?utm_source=telegram&utm_medium=social

#MCPro: This #bank has been playing catch-up with the #Nifty for the past four months. But now, it’s making some right moves, with valuation an eye-catcher.

https://www.moneycontrol.com/news/business/moneycontrol-research/karur-vysya-bank-valuation-deserves-a-closer-look-7085341.html?utm_source=telegram&utm_medium=social

There are late-payment charges levied for payments beyond the due dates and a convenience fee charged for partial payment from outstanding dues. Although the charges varies as per the #bank and issuer.

Read the full story for more ⤵️
https://moneycontrol.com/news/business/personal-finance/festive-shopping-should-you-use-credit-cards-or-buy-now-pay-later-schemes-7567491.html?utm_source=telegram&utm_medium=social

#Bank #privatisation is a promise which the govt has not managed to progress on despite several rounds of announcements. The govt is hesitant to kick-start the privatisation plan in the face of trade union opposition.

Read about it 👇
https://www.moneycontrol.com/news/business/banks/will-fulfil-commitments-on-crypto-bank-privatisation-says-fm-sitharaman-8307051.html?utm_source=telegram&utm_medium=social

#MarketsWithMC: US stocks climbed on Tuesday, as Citigroup led a surge in #bank shares after #BerkshireHathaway disclosed a big stake & solid retail sales in April eased concerns about slowing #economic growth.

Read 👇
https://www.moneycontrol.com/news/business/stocks/wall-street-rises-on-gains-in-banks-strong-retail-sales-data-8526311.html?utm_source=telegram&utm_medium=social

#MCPro: #AxisBank put up a strong overall show in Q2 FY23. Its growth trajectory is promising. It will be interesting to see how the #bank strikes a balance between chasing #growth and deposits, and protecting margins.

Read at 👇
https://bit.ly/3EZB1rG

Sudarshan Chair, Executive Director, and Head of Business Banking at DBS Bank India shares his expectations on the banking sector performance for 2023.

After the completion of the merger and banking services from Laxmi Vilas Bank, DBS Bank India is hoping for a year of growth. Bullish for SME and business banking in 2023, Chari said that for DBS Bank India, there is scope for growth and newer market reach.

🔴 Live @ 11.30 AM
https://www.youtube.com/watch?v=d8ugEhhnV4Q

#Banking

#NimeshShah speaks about Indian equity markets’ valuation, preferred themes, macro-economic factors, fund-flows, #UnionBudget expectation, AMC’s strategy & more

Watch full interview here 📹
https://bit.ly/3WUQcbM

Indian equity valuations remain relatively expensive but #earnings can do the magic.

A growth of 15-17% would send the #markets flying & below 10% will keep it in a tight range, says Raamdeo Agrawal, Chairman of Motilal Oswal Group.

Interview by Nickey 👇
https://www.youtube.com/watch?v=3k3aDC1gCDc

#MCInsider: #MCInsider⚡️ Your #MondayMorning fix of sizzling hot gossip is here!

CEO chatter, a teflon-like finfluencer, simplicity of babudom and more.....

Read untold stories from the world of business and corridors of power 👇
https://www.moneycontrol.com/news/business/mc-insider-ceo-chatter-a-teflon-like-finfluencer-simplicity-of-babudom-and-more-10855341.html

#Bank #Business #Fintech #Startup

Childrens Day, also known as 'Bal Diwas,' emphasizes children's needs, including access to healthcare and education.

Moneycontrol sheds light on a #bank aiming to instill money-saving values in children from an early age👇💰👧👦
https://www.moneycontrol.com/news/business/no-kidding-this-childrens-co-op-bank-has-17000-members-rs-16-crore-in-deposits-11207251.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial