RBI Streamlines Institutional Shareholding Approvals for Banks
The RBI has introduced a one-time approval route for MFs, insurers, and pension funds to acquire up to 10% stake in banks, reducing repeat filing requirements.
Read articleToolyt Pulse
gst underwriting
RBI Forex Swaps: Lowering Corporate Funding Costs via Hybrid Structures
Indian banks are leveraging RBI forex swaps to offer hybrid dollar-rupee funding, significantly reducing interest costs for corporate borrowers compared to traditional NCDs.
Read articleHDFC Bank Appoints Anup Bagchi: Analyzing the Shift in Leadership
HDFC Bank breaks a 32-year tradition by appointing ICICI veteran Anup Bagchi as MD & CEO, signaling a new era for India's largest private lender.
Read articleJio Finance and Allianz Commit ₹640 Crore to New General Insurance JV
Jio Financial Services and Allianz SE invest ₹320 crore each in a new general insurance joint venture, targeting digital-first distribution in the Indian market.
Read articleRBI Data: Medium Industry Credit Grows 32% as Industrial Lending Surges
Bank credit to industry rose 18% in August, led by a 32% jump in medium-industry lending. This shift signals a pivot toward mid-market MSME portfolios for Indian lenders.
Read articleOperational Impact of India’s Proposed Five-Day Banking Week
The IBA and bank unions have formed a committee to implement a five-day work week, necessitating a shift in branch operations and digital channel management.
Read articleStart offering your field sales team a better selling experience
Sales professionals from startups to Fortune 500 companies in over 20 countries improve their productivity with Toolyt every day.