Vishwanath Nair

The rules, if formalised will likely make the liquidity situation even tighter for the Indian banking system.

These bidders have successfully cleared the Reserve Bank of India's (RBI) fit and proper checks, paving the way for the next stage of the bidding process.

NPCI may also call for a forensic audit of the problems at C-Edge Technologies

All three bidders for IDBI Bank will face key questions before they deliberate their bids.

Bali, who is set to join on Aug 26, will lead the retail loans and collections business at Yes Bank.

Khara has served as chairman of State Bank of India since October 2020, during a term which saw the bank's profitability and market perception improve sharply

Initial estimates show that the first day's footfall reached around 50,000 people. For context, last year's three-day total was approximately 75,000, which was a record at the time.

Why did NPCI hive off BHIM as a separate company? On Aug. 13, the National Payments Corp. announced the incorporation of NPCI BHIM Services Ltd., spinning

'If I compete on deposits, I would compete on the non-rate contest, not the rate war,' he said.

'If I compete on deposits, I would compete on the non-rate contest, not the rate war,' he said.