The administration informed Parliament that concrete actions were taken by the RBI and government-assisted banks in recovering bad loans of more than Rs 8.6 lakh crore over the previous eight fiscal years.
Reserve Bank of India (RBI) Governor Shaktikanta Das-chaired Monetary Policy Committee (MPC) raised the repo rate by 50 basis points (bps) to 5.40 percent.
Tata Consultancy Services Limited (TCS) has partnered with Five Star Bank, a subsidiary of Financial Institutions Inc, to aid it in determining lending risks and delivering hyper-personalised customer experiences.
EXAMIANS