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Bajaj Finance Q4 result: Bajaj Finance should continue to maintain 20-25% growth despite RBI restrictions: Binod Modi

Binod Modi discusses Bajaj Finance s performance, including credit cost, growth potential, and asset quality concerns. Despite challenges like RBI restrictions and delinquencies, the company aims for growth through digital initiatives, facing competition and valuation risks. ....

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RBI action Kotak bank: Kotak Bank deposit growth may be hit, shares fall 11%

On Wednesday evening, the Reserve Bank of India (RBI) barred the Uday Kotak-promoted lender from onboarding new customers through its online and mobile banking channels and directed them to stop issuing new credit cards. The regulator cited “serious deficiencies and non-compliances” and “continued failure on the part of the bank to address these concerns in a comprehensive and timely manner.” ....

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RBI action Kotak bank: Kotak Mahindra Bank to moderate growth following RBI restrictions: Analysts

Kotak Mahindra Bank, India s fourth-largest private lender, may see a moderated growth in deposit growth and a marginal drop in low-cost deposits in FY25 as it shifts focus on fixing its IT systems following regulatory curbs. The Reserve Bank of India (RBI) barred the lender from onboarding new customers through its online and mobile banking channels and directed them to stop issuing new credit cards. ....

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Disruption from RBI restrictions on Paytm Bank less than feared

India Business News: Few people have expressed concern that the regulatory action against Paytm Payment Bank will cause significant market disruptions. Paytm may be a visi ....

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"Retail investors are trapped": What Twitteratis say on Paytm as stock slides

Shares of Paytm fell 20 per cent each on Friday and Thursday. From a closing level of Rs 761 on Wednesday, the stock plunged 35.99 per cent to hit a low of Rs 487.05 today.


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