banking

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    New RBI Rules Permit Bank Financing for Real Estate Investment Trusts

    Mumbai, February 13 The Reserve Bank proposed on Friday allowing banks to extend loans to REITs, capping the total exposure at 49 percent of the asset value under each investment trust.Banks will provide loans only to listed Real Estate Investment Trusts (REITs).Currently, there are five...
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    Sebi Launches AI Campaign to Boost Investor Awareness

    New Delhi, February 13 The market regulator, Sebi, launched a multilingual, AI-enabled public outreach campaign on a pilot basis on Friday to enhance investor awareness about the 'Sebi Check' tool and validated UPI handles.The initiative has been launched in collaboration with Sarvam, a...
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    Ruemmler Steps Down at Goldman Sachs Following Epstein Connections

    February 13, New Delhi: President Donald Trump stated on Thursday that he was unaware of Commerce Secretary Howard Lutnick visiting the private island of convicted sex offender Jeffrey Epstein. He told reporters that he had not discussed the matter with Lutnick and added that he himself had...
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    RBI Extends Sanjay Agarwal's Tenure as AU Small Finance Bank CEO

    New Delhi, February 13 AU Small Finance Bank, the first SFB in over a decade to receive in-principle approval from the Reserve Bank of India (RBI) to transition into a universal bank, announced on Friday RBI's approval for the reappointment of Sanjay Agarwal as its Managing Director & Chief...
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    Streamlining Credit: RBI Updates Lead Bank Scheme Guidelines

    Mumbai, February 13 The RBI on Friday proposed revised guidelines for the Lead Bank Scheme (LBS) to streamline operational aspects and further enhance the effectiveness of the programme, which was introduced in 1969 to coordinate development activities at the district level.The LBS aims to...
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    Broad Industrial Action Expected: Trade Unions Call for Strike

    New Delhi, February 11 A joint forum of central trade unions has called for a nationwide strike on Thursday to protest against the government's "anti-worker" policies, which may partially affect services such as banking, insurance, and transport.According to trade unions, an estimated 30 crore...
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    Financial Literacy Campaign Launched in Odisha to Protect Vulnerable Families

    Bhubaneswar, February 9 Odisha's finance department principal secretary, Sanjeeb Kumar Mishra, on Monday urged bankers to make efforts to increase financial literacy among poor and rural people to protect them from financial fraudsters.Mishra made the remarks while speaking at an event...
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    Promoting Financial Literacy: RBI's 2026 Focus

    Mumbai, February 9 Reserve Bank Governor Sanjay Malhotra launched the 11th edition of Financial Literacy Week (FLW) 2026 on Monday, with the theme "KYC – Your First Step to Safe Banking."The Reserve Bank of India (RBI) has been conducting FLW every year since 2016 to promote financial...
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