This story is from the September 21, 2024 edition of Business Standard.
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This story is from the September 21, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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SBI Appoints Baldev Prakash Group Chief Risk Officer
State Bank of India has appointed Baldev Prakash as the deputy managing director-group chief risk officer, the lender informed the exchanges.

Banks' net profit growth likely moderated in Q3
Margin pressures, sluggish loan offtake may weigh on performance
₹logs biggest 1-day gain in over amnth
The Indian rupee logged its biggest one-day gain in more than a month on Tuesday as the dollar dipped towards a one-week low, boosting regional currencies, while foreign banks' dollar sales also helped.
Setty, Kotak Nominated as Governing Council Members of NIIFTL
The government has nominated State Bank of India Chairman CS Setty and Uday Kotak, founder and director, Kotak Mahindra Bank, as governing council members of the National Investment and Infrastructure Fund Trustee Ltd (NIIFTL).

FinMin to Review Flagship Schemes With PSB Chiefs
Weeks before the Union Budget for 2025-26, M Nagaraju, secretary to the Department of Financial Services (DFS), on January 15 will have a meeting with the managing directors (MDs) and chief executive officers (CEOs) of public-sector banks to review the progress of financial-inclusion schemes and discuss funding, according to sources.
Fintech sector voices funding concerns amid regulatory fears
In a meeting with top bureaucrats from the finance ministry on Tuesday, the financial technology (fintech) sector raised concerns about insufficient funding opportunities amid regulatory fears and negative sentiment surrounding the industry, according to sources present.

10th oil and gas bidding round only after passage of oilfield Bill
Upcoming legislation meant to streamline exploration and production
REC to sell ₹2,848 crore NPAs in Corporate Power
State-owned REC Ltd is looking to sell bad loans worth ₹2,848 crore in Corporate Power Ltd (CPL) and has invited counterbids via a Swiss challenge auction, initiated by an anchor bid of ₹58.65 crore.
Centre asks states to boost HMPV surveillance
As cases of Human Metapneumovirus (HMPV) are being detected in India, the Centre has asked states to enhance surveillance of respiratory illnesses and strengthen awareness among the people to prevent its transmission.

Farm sector holds out amid headwinds
Strong monsoon, robust kharif output drive growth, boosting agri GVA