The private sector lender said that it had a combined exposure to three debt-laden companies: Zee, DHFL and Anil Ambani led Reliance of about Rs.2100 crore or 1.1 percent of the loan book.
PayPal, which has dominated the payment business in the US and Canada for a good part of two decades, is now looking to tap NRIs.
The public perception of a fraud is a Nirav Modi-style attack, perpetuated by a crook with corrupt motives.
"Based on preliminary data the footfall at most shopping centres is back," SBI chairman Rajnish Kumar said.
A record number of rating downgrades in the quarter will also make it harder for these lenders to access capital from mutual funds.
As per brokerages, private sector banks will see their credit growth above the industry average of 10 to 12% due to strengthening retail portfolios.
Between September 2018 and 2019, banks have lent Rs 1.9 lakh crore to the non-bank sector.
A strong netting system generally gives rise to a thriving derivatives market.
Failure to resolve complaint within the stipulated time would make these lenders liable to pay customers Rs 100 for every delayed day.
The RBI has told banks & NBFCs to stop providing consumer data to unregulated entities.
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