The Public sector Canara Bank plans to launch Indiaβs first OTP facility for cashΒ withdrawals. The OTP facility will on cash withdrawals of Rs 10,000...
Public sector banks (PSBs) to implement the finance ministerβs instruction to link lending rates to the repo (the rate at which RBI lends to banks)....
The development comes after Reserve Bank of India’s Monetary Policy Committee (MPC) delivered its fourth repo rate cut in a row. “SBI has affected the...