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Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of......

CD rates top 8% for smaller banks amid banking system liquidity tightness

Amid liquidity tightness in the banking system, certificate of deposit (CD) rates topped 8 per cent for some smaller banks, with rates remaining on the higher side for derivatives loss-hit IndusInd......

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

Global brokerage CLSA has lowered its target price for IndusInd Bank from Rs 1,200 to Rs 900 while maintaining an outperform rating on the stock after the private lender disclosed a net worth hit......

Should depositors put money in co-operative banks?

The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said......

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Kotak Mahindra Bank’s net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards......

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Bankrsquo

News for Bankrsquo

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

CD rates top 8% for smaller banks amid banking system liquidity tightness

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

Should depositors put money in co-operative banks?

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

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