RBI lifts prompt corrective action curbs from Indian Overseas Bank
RBI's Board for Financial Supervision has reviewed the performance of the banks and noted that as per its published results for the year ended March 31, 2021, the bank is not in breach of the PCA parameters.
Indel Money enters partnership with IndusInd Bank to offer gold loans at competitive ratesUnder the co-lending partnership, Indel Money will originate and process gold loans based on mutually formulated credit parameters and eligibility criteria. The company will service the customers through the entire lifecycle of the loans including sourcing, documentation, collection and loan servicing.
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