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• Primary co-op banks can lend up to Rs 10 lakh for repair of dwelling units: RBI May 24, 2022
  The ceiling on loans by such banks to individuals for carrying out repairs/additions/alterations to their dwelling units was revised upwards to Rs 2 lakh in rural and semi-urban areas and Rs 5 lakh in urban areas in September 2013.
  Anish Mondal
• As RBI’s card storage deadline looms new payment infrastructure far from ready; small businesses to hurt more May 24, 2022
  India’s banking regulator, has set June 30, 2022 as the deadline for merchants and payment aggregators to delete customer's debit and credit card details from their servers.
  Aakriti Bhalla
• Higher stress in agri, MSME, retail segments: Large banks see slippages rise in Q4 May 23, 2022
  Despite rising slippages, analysts are taking heart from the fact that recoveries by banks have been improving
  Anish Mondal
• RBI-constituted panel to review customer service standards in banks, NBFCs May 23, 2022
  The six-member committee headed by former RBI deputy governor B P Kanungo has been asked to submit a report within three months from the date of its first meeting, the central bank said in a statement.
  Anish Mondal
• Bandhan Bank to increase exposure to secured loans: MD & CEO Chandra Shekhar Ghosh May 22, 2022
  Bandhan Bank MD and CEO Chandra Shekhar Ghosh told PTI that "the lender will increase its exposure to secured loans and has set a target to increase disbursements to housing and medium-size MSME loans. Advances to MFIs and small-ticket MSME loans are unsecured".
  Subham Mitra
• Paytm payments bank expects central bank curbs to be lifted in three-five months May 22, 2022
  In March, the Reserve Bank of India ordered a comprehensive audit of the company's IT systems, citing "material" supervisory concerns, without elaborating further, and barring it from taking on new customers.
  suhail sattar
• No capital support from govt needed this year, says Punjab & Sind Bank MD May 22, 2022
  With the infusion of Rs 4,600 crore, the government holding in the bank increased to 98.25 per cent as on March 31, 2022.
  Subham Mitra
• PNB earns over Rs 645 crore through ATM transaction charges in FY22 May 22, 2022
  Revenue earned by PNB from ATM transaction charges stood at Rs 645.67 crore in financial year 2021-22, the bank said in response to an application seeking information under the Right to Information (RTI) Act.
  Shriparna Saha
• Paytm forms JV insurance firm May 21, 2022
  The company’s Ebitda loss (before ESOP) for FY22 narrowed Rs 1,518 crore from Rs 1,655 crore the previous year.
  suhail sattar
• Paytm forms joint venture general insurance company, to invest Rs 950 crore in 10 years May 21, 2022
  The proposal to set up joint venture firm Paytm General Insurance Limited (PGIL) was approved by the board on May 20.
  Subham Mitra