The service provides real-time transaction confirmations and instant challan downloads, allowing faster processing and improved operational efficiency.
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The service provides real-time transaction confirmations and instant challan downloads, allowing faster processing and improved operational efficiency.
In order to provide clarity on the prudential treatment of such specified non-financial assets, including non-banking assets, acquired by a bank through various mechanisms, the RBI has issued prudential norms.
Banks will remain closed in Odisha, Uttarakhand and Manipur on Thursday, July 16 on account of various regional festivities.
The RBI draft guidelines propose a Data Governance Committee, board oversight and lifecycle-based data management for banks, NBFCs and regulated entities.
The approval comes after HDFC Bank appointed Kumar as the new part-time chairman on June 29, 2026.
RBI Governor Sanjay Malhotra urged banks to improve customer service and discussed CBDC, Account Aggregator, CKYCR and financial inclusion with bank CEOs.
Moody's said SBI's diversified lending portfolio and HDFC Bank's strong retail franchise support profitability, funding, liquidity and future credit growth.
The former Economic Affairs Secretary who resigned as HDFC Bank's part-time chairman amid a governance row, was paid Rs 59 lakh in sitting fees and Rs 48.25 lakh in fixed remuneration in FY26, nearly his full annual entitlement.
The bank's annual report shows deputy MD Kaizad Bharucha earned Rs 17.14 crore in FY26, while CEO Sashidhar Jagdishan drew Rs 15.13 crore, nearly Rs 2 crore less.
Jagdishan said HDFC Bank had continued to enhance its internal frameworks and refresh key control processes as part of its ongoing governance efforts.