Banks rope in global companies to guard against rising cyberattacks
Banks are also engaging vendors to conduct mock cyber-attacks on their platforms to see whether their defences are breached — and to find loopholes and plug them.
HDFC Bank gears up to ramp up corporate loans. And how!The bank increased its corporate loans by more than 10% year-on-year in the April-June quarter to about Rs 3.15 lakh crore. The majority of wholesale-banking advances comprise working capital loans. About four years ago, the book size was at about Rs 1 lakh crore for credit extended to corporates.
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