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Indian Banking

When Nationalization Changed The Face Of Indian Banking – From Class To Mass

When Nationalization Changed The Face Of Indian Banking – From Class To Mass

On July 19, 1969, the then government nationalised the 14 largest private commercial banks. The significant impact of the change was the expansion of banking into the rural areas, as banks started coming out of cities and...

22 July 2022

Incumbent Banks Vs Neobanks - Personal Finance As A Strategy

Incumbent Banks Vs Neobanks - Personal Finance As A Strategy

The Indian consumer is now surrounded by a variety of banking options, from incumbent players to the novel neobanking experience. The checkout page of every consumer app in India is flooded with discounts and rewards from...


Source: Shutterstock

Banking Frauds Of Over Rs 100 Crore See Significant Decline In FY'22

According to official data, the number of fraud cases in private as well as public sector banks dropped to 118 in FY22 from 265 in 2020-21

03 July 2022

File Photo.

Bank Credit To NBFCs Rises 10% To Rs 10.5 Lakh Crore In FY22: Report

The percentage share of funds deployed by mutual funds in CPs of NBFCs in FY22 stood at 4.4 per cent of debt assets under management (AUMs), up from 3.6 per cent in FY21.

02 June 2022

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