Sanjay Malhotra, the Governor of the Reserve Bank of India, commented on the impact of MDR fees on UPI transactions. He expressed confidence that transaction volumes will remain stable despite the new fee structure. Additionally, Malhotra discussed strong credit growth and its positive effects on economic activity. He reassured that the adverse effects on asset quality in non-bank lenders are not…
Balyasny Asset Management has hired the former head of Citadel's data strategies group, adding senior alternative-data expertise as hedge funds continue to expand their use of non-traditional datasets…
Capital Small Finance Bank has grown from a local area bank operating in three Punjab districts to a 219-branch lender with ambitions of becoming a universal bank.
The euro dropped to its lowest against the pound since June last year, weighed down by concerns over France’s deepening fiscal crisis and fresh political risks in the region.
