Currently, DCB Bank has a total of 347 branches across the country
New generation private sector bank- DCB Bank Limited, announced on Wednesday, April 21, that it acquired a minority equity stake of approximately nine per cent in a Bengaluru-based fintech non-banking financial company (NBFC) - Techfino Capital Private Limited. DCB Bank is a listed firm on stock exchanges- BSE and NSE. According to a statement released by DCB Bank, the NBFC uses a modern technology platform to offer customised consumer loans in the healthcare and education sectors. Techfino Capital is operational in major metro cities and tier-2 cities across the country.
RTGS to remain unavailable for 14 hours from Saturday - know what options you have
The RTGS for high-value transactions will remain unavailable for 14 hours from midnight of Saturday due to a technical upgrade, the RBI said. (Image Source: Twiter/@PBNS India)
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Updated: Apr 15, 2021, 05:38 PM IST
A technical upgrade of the Reserve Bank of India s (RBI) real-time gross settlement (RTGS) is scheduled after the close of business on April 17, 2021. The Reserve Bank of India tweeted and informed the customers on Thursday.
The RTGS for high-value transactions will remain unavailable for 14 hours from midnight of Saturday due to a technical upgrade to further improve the disaster recovery time of the system, the RBI said in a statement.
Bank credit rose by 6.63 per cent to Rs 107.75 lakh crore and deposits grew by 12.06 per cent to Rs 149.34 lakh crore in the fortnight ended February 26, according to RBI data.
IDBI Bank was placed under the so-called PCA framework in 2017 over its high bad loans and negative return on assets, at a time when Indian lenders battled record levels of soured assets, prompting the RBI to tighten thresholds.
Reserve Bank of India rules allow banks to hold up to 50 per cent stakes in insurers and on a selective basis equity holdings can be higher but must eventually be brought down within a certain period.