Gross GST collections rise 14.8% to nearly ₹2 trillion in August
Import-related GST revenue surged 29 per cent year-on-year, outpacing domestic growth, while net collections rose 8.3 per cent to ₹1.68 trillion
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Krity Ambey
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PNB plans Haryana Gramin Bank listing in Q4FY27 or early FY28: MD
PNB is also in advanced talks with Punjab & Sind Bank for co-branded credit cards, has mobilised nearly $2.5 billion in FCNR(B) deposits and plans AI-run call centres
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PSBs pitch 2% climate-transition finance sub-target under PSL framework
Public sector banks also seek higher lending limits for renewable energy projects and inclusion of electric vehicle financing under the priority sector lending framework
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Govt to set up high-level banking committee very soon: Sitharaman
Finance Minister Nirmala Sitharaman said the two-day PSB Confluence deliberations will provide substantive material for the high-powered panel on banking for Viksit Bharat
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DFS to hold PSB Confluence to chart banking course for Viksit Bharat
The two-day conclave will focus on deposit mobilisation, credit expansion, rural value chains, wealth management and other next-generation reforms for public sector banks
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₹86,917 cr in unclaimed deposits with RBI fund, FinMin tells Parliament
SBI had the largest amount of unclaimed deposits transferred to the fund at Rs 20,040 crore, followed by Punjab National Bank at Rs 7,585 crore, Canara Bank at Rs 6,830 crore
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AI safety must keep pace with adoption in financial sector: CEA Nageswaran
The Chief Economic Adviser said AI can improve credit assessment and risk detection in fintech, but firms must prioritise safety and security as adoption accelerates
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Banks mobilise $28 bn under FCNR(B) scheme by end-July: MoS Finance
Outstanding FCNR(B) deposits have risen to $60.55 billion from $32.56 billion since the RBI announced its concessional forex swap facility in early June
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