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Avoid calling customers repeatedly to submit KYC docs Malhotra

Avoid calling customers repeatedly to submit KYC docs Malhotra

by AIP Online Bureau | Mar 17, 2025 | Eco/Invest/Demography, Indian News, Regulation, Technology

Other areas where the banks need to focus on from a customer service perspective are misselling, digital frauds, and aggressive recoveries practices, said RBI Governor Sanjay Malhotra Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday asked banks...
RBI says 15 large NBFCs to comply with enhanced regulatory requirements

RBI says 15 large NBFCs to comply with enhanced regulatory requirements

by AIP Online Bureau | Sep 14, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management

Besides LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, others in the list include L&T Finance, Piramal Capital & Housing Finance, Cholamandalam Investment and Finance Company Mumbai: Reserve Bank of India on Thursday said 15 large NBFCs,...

Indian Banks share in industrial credit plunges to 34% in FY21, says report

by AIP Online Bureau | Mar 24, 2022 | Banking & Bancassurance, Data, Eco/Invest/Demography

Outstanding non-food credit growth moderated from an already low 6.1 per cent in March 2020 to 5.5 per cent in March 2021 as the pandemic shock hit the economy The share of non-banks in the commercial credit has more than doubled to 44 per cent while that of foreign...

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