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RBI s credit card curbs are a classic case of prevention is better than cure

By raising the risk weight on banks’ exposure to credit card debt, and cracking down on co-branded credit cards with lax due diligence, the central bank is looking to avert a credit card debt crisis, like the one the US could soon face.

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RBL Bank appoints ex-South Indian Bk MD Murali Ramakrishnan as independent director

Private sector lender RBL Bank on Thursday announced the appointment of banking industry veteran Murali Ramakrishnan as an independent director on its board. Ramakrishnan, who retired as the managing director and chief executive of South Indian Bank till 2023, has been appointed for four years starting from Thursday, a statement said.

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RBL Bank appoints ex-South Indian Bk MD as independent director

RBL Bank appoints ex-South Indian Bk MD as independent director
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Stock Market Live Updates 09 April 2024: Sensex, Nifty set to open at fresh record highs; Bain Capital to sell $429-million stake in Axis Bank

Stock Market Live Updates 09 April 2024: Sensex, Nifty set to open at fresh record highs; Bain Capital to sell $429-million stake in Axis Bank
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Stocks that will see action today—April 9, 2024 - The Hindu BusinessLine

Stocks that will see action today—April 9, 2024 - The Hindu BusinessLine
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