Kotak Mahindra Bank forays into healthcare lending; not to use RBI's liquidity window

Kotak Mahindra Bank forays into healthcare lending; not to use RBI's liquidity window

Kotak Mahindra Bank forays into healthcare lending; not to use RBI's liquidity windowSep 21, 2021, 06:59 PM IST

RBI, in May, announced on-tap liquidity window of Rs 50,000 crore for lending to the healthcare sector by banks. But the private sector lender said that it will not seek RBI funds.

Retail depositors earning negative returns; relook taxation on interest: SBI economistsSep 21, 2021, 01:30 PM IST

In a note, which pegged the overall retail deposits in the system at Rs 102 lakh crore, the economists led by Soumya Kanti Ghosh said: "If not for all the depositors, the taxation review should be carried out for at least the deposits made by senior citizens who depend on the interest for their daily needs."

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