Banking/Finance
Banks bank on cash recyclers in new ATM cycle
Indian banks are set to deploy nearly 17,350 ATMs in the coming months. A significant majority of these will be advanced cash recyclers. This move signals a shift towards modern technology for better efficiency and lower costs. Banks are prioritizing smarter machines that reduce cash handling needs and improve service availability.
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Banking
Banks bank on cash recyclers in new ATM cycle- Credit-deposit ratio of banks rises to 82 percent: Report
- Banking sector bigger, but rising unsecured loans and credit concentration pose risks
- Kotak ropes in ex–Bajaj Finance MD Saha for consumer banking
- Indian banks see exponential growth in deposits and loans since FY05: SBI Report
Finance
Shriram-MUFG deal may test rules on non-compete fee for promoters- Prudential Financial is said to mull India asset manager sale
- Reliance, Adani, Welspun announce major investments at Vibrant Gujarat Regional Conference
- Lenders sanction Rs 3,362 cr under Credit Guarantee Scheme for Exporters in a month
- PhonePe adds ‘Bolt’ for faster, safer Visa, Mastercard payments
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BANKING/FINANCE STOCKS
NSEBSE
NSE
BSE
| Company Name | Latest | Change | %Change | Volume |
|---|---|---|---|---|
| HDFC Bank Ltd. | 936.95 | -2.05 | -0.22 | 21071599 |
| ICICI Bank Ltd. | 1413.1 | 8.8 | 0.63 | 10923806 |
| State Bank of India | 1015.15 | 14.65 | 1.47 | 7617902 |
| Kotak Mahindra Bank Ltd. | 2133.3 | 6.5 | 0.31 | 2544087 |
| Axis Bank Ltd. | 1274.2 | 2.21 | 0.18 | 6489750 |
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