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RBI expressed updates Guidance note for banks and NBFCs

The Reserve Bank of India (RBI) has updated its "Guidance Note" on operational risk management for the financial sector, and extended it to non-banking financial companies (NBFCs), including housing finance companies. Only commercial banks were…

IMF: India’s growth rate is expected to reach 6.8 percent in 2024

With this, India remains the world's fastest growing economy, ahead of China's growth evaluate of 4.6 percent during the same period. The International Monetary Fund on Tuesday raised India's growth forecast to 6.8 percent from…

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HDFC Bank collaborates with Microsoft

HDFC Bank, India’s largest private sector bank, is partnering with Microsoft in the coming phase of its digital metamorphosis trip and unleashing business value by transubstantiating the operation portfolio, contemporizing the data geography and securing…