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The Indian central bank's plan to allow lenders to bundle bad loans into tradable securities will draw foreign portfolio investors (FPIs) and private credit funds, helping deepen the country's junk ...
This move is set to benefit home loan borrowers, as banks like Indian Bank, Punjab National Bank (PNB), and Bank of India have announced reductions in their lending rates. The repo rate ...
IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a ...