Sunday, July 27, 2025

BANKING

Indian Bank's board has approved raising Rs 5,000 crore this fiscal year, though immediate fundraising isn't anticipated due to a strong 17.80% capital adequacy ratio. The bank is developing 'IND-UPI,' its own UPI application, to save approximately Rs 150 crore annually in transaction fees.

from Banking/Finance-Industry-Economic Times https://ift.tt/osPSXey
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