PM Modi to launch two innovative customer-centric initiatives of RBI today
As per the Prime Minister's Office, PM Modi will launch the initiatives at 11 am on Friday through video conferencing. "These initiatives are the RBI Retail Direct Scheme and the Reserve Bank - Integrated Ombudsman Scheme," PMO in a release said.
Suryoday Small Finance Bank reports net loss of Rs 1.9 crore for quarter ended SeptemberIts operating profit rose 62% at Rs 82.8 crore against Rs 51.1 crore over the same period. Its net interest income at 147 crore reflects a 34% rise, primarily on account of rise in gross advances over the period and lower cost of funds, the bank said in a regulatory filing to stock exchanges.
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