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 🙏Good Morning All.....👨‍👩‍👧‍👧🌻💐🙏 ☕🍔 05.01.2024 : Today's Banking / Financial News at a Glance 🍒        SBI not worried about unsecured loans, says Dinesh Khara : The State Bank of India (SBI) has nothing to worry about its unsecured loans which remain under control, chairman Dinesh Khara has said, a few weeks after the Reserve Bank of India tightened norms for credit cards and personal loans. The total unsecured loans of India’s largest bank were at Rs 2 lakh crore against the total book size of Rs 35 lakh crore, Khara told CNBC-TV18 on January 4. This is 5.7 percent of the total loan book of the lender. “We have no concern on asset quality with respect to unsecured book,” Khara said. He also said that cost of funds has increased by five basis points (bps) due to higher risk weight assets for unsecured loans and non-banking financial companies (NBFCs). - moneycontrol. 🍒        RBI penalises five Gujarat-based cooperative banks : T...

 “Wrinkles mean you laughed, grey hair means you have cared and scars mean you lived.” Good morning 🌴 Today's Headlines from : *Economic Times* 📝 M&A activities plunge 51% to $83 billion in 2023: Report 📝 Govt to review progress of PLI scheme on Jan 12 📝 Bandhan Bank's credit in Q3 grows 19% to Rs 1.16 lakh crore 📝 Sanstar files IPO papers with Sebi to raise funds 📝 SBI raises $250 million through green bonds maturing in 2028 📝 RECPDCL inks initial pact with Gujarat govt for smart metering projects worth Rs 2,094 crore 📝 Aris Infra targets Rs 5,000-crore revenue, reach 9,500 pan-India locations by 2027 📝 Quadria in talks to buy into dialysis chain NephroPlus 📝 Indian Railways earns Rs 1.25 lakh crore freight revenue till December 2023 📝 Search startup Perplexity AI valued at $520 million in funding from Bezos, Nvidia 📝 Payments firm Cashfree posts 75% jump in FY23 revenue, losses bloat to Rs 133 crore 📝 Swiggy investor Invesco raises food delivery firm’s valuat...