Jana Small Finance Bank ties up with two co-op banks to offer digital, payment services
Under the bank sponsorship programme, the RBI has permitted Core Banking Solution (CBS) enabled co-operative banks to issue ATM cards or ATM-cum debit cards to its customers in association with the sponsor bank.
Strong buffers to help Indian banks withstand fresh surge in bad loans, says Moody'sIndia’s second coronavirus wave is increasing asset risks for banks, but the country’s economic recovery, a tightening of loan underwriting criteria and continued government support will prevent a sharp spike in problem loans, it observed.
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