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Biometric Payment Market to Reach $37.4 Billion, Globally, by 2033 at 16.3% CAGR: Allied Market Research

Biometric Payment Market to Reach $37.4 Billion, Globally, by 2033 at 16.3% CAGR: Allied Market Research
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Congress Passes 45-Day Funding Bill to Avert Government Shutdown

Congress has successfully passed a 45-day funding bill to avert a looming government shutdown. This move comes after weeks of negotiations and political wrangling on Capitol Hill, highlighting the importance of maintaining the government's operations and services.

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credit demand: Deposit rates unlikely to rise with soaring credit demand

The phased withdrawal of the incremental cash reserve ratio (ICRR) between September 9 and October 7 would help banks to meet the festive credit credit demand, top bank executives said. There was some strain in the sectoral liquidity due to the absorption of surplus liquidity through the incremental cash reserve ratio (ICRR). Plus, credit growth has been outpacing deposit growth over a long period on a sectoral level and the trend may continue.

India
Baroda
Gujarat
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Karnataka
Pralay-mondal
Chandra-shekhar-ghosh
Canara-bank-md-satyanaraya-raju
Bandhan-bank
Punjab-national-bank

credit demand: Deposit rates unlikely to rise with soaring credit demand

The phased withdrawal of the incremental cash reserve ratio (ICRR) between September 9 and October 7 would help banks to meet the festive credit credit demand, top bank executives said. There was some strain in the sectoral liquidity due to the absorption of surplus liquidity through the incremental cash reserve ratio (ICRR). Plus, credit growth has been outpacing deposit growth over a long period on a sectoral level and the trend may continue.

India
Baroda
Gujarat
Kolkata
West-bengal
Canara
Karnataka
Chandra-shekhar-ghosh
Pralay-mondal
Canara-bank-md-satyanaraya-raju
Bandhan-bank
Canara-bank

Core Banking Software Market to Reach $49.7 Billion, Globally, by 2032 at 17.6% CAGR: Allied Market Research

The growth of the core banking software market is driven by increase in adoption of cloud-based solutions in banking sector, rapid digitalization, and lower operational cost of core banking software.New Castle, Delaware, Sept. 08, 2023 (GLOBE NEWSWIRE) Allied Market Research published a report, titled, “Core Banking Software Market by Component (Solution and Service), Deployment Model (On-premise and Cloud) and End User (Banks, Financial Institutions, and Others): Global Opportunity Analysis

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Pawan-kumar
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