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Latest Articles in Banking Finance

Axis Bank Posts Smaller-than-expected Fall In Q1 Net Profit

Axis Bank, India's third-biggest private sector lender by assets, reported a smaller-than-expected fall in first-quarter net profit as its bad loan additions slowed

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CAMS Believes Innovation Is Key To Long Term Growth

N. K Prasad, CEO, Computer Age Management Services talks about his company's business model, how they intend to add value to the Indian Mutual Fund ecosystem through innovation, and his take on the future of Robo Advisory and DIY platforms

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19% Of Indian Population Remains Unbanked

Despite the efforts of the government, significant portion of Indian population still remains devoid of access to basic formal credit facilities

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FM Introduces Bill To Replace Banking Regulation Ordinance

The Banking Regulation (Amendment) Bill, 2017, seeks to amend the Banking Regulation Act, 1949 and replace the Banking Regulation (Amendment) Ordinance, 2017, which was promulgated in May this year

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HDFC Bank Q1 Net Profit Rises, But Lags Estimates

HDFC Bank, India's second-biggest lender by assets, on Monday reported a 20 percent increase in its first-quarter profit, missing analysts' estimates

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Banks Release Higher Loans For Education Despite Non-payment Spike

Banks and other lenders together disbursed around Rs 20,000 crore in education loans in FY17, up from around Rs 17,000 crore a year ago, while total outstanding grew 1.6 per cent to Rs 81,600 crore

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5 Questions To Ask Your Life Insurance Advisor Before You Buy

If only we had a rupee for every time someone bought a Life Insurance policy without fully understanding its features, we'd surely be millionaires by now! The next time you decide to add to your Life Insurance portfolio, make sure you ask your Advisor these 5 questions before you sign off

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Canara Bank's Gross NPA Divergence Rs 507 Crore For FY16

The RBI assessed the bank's gross NPAs at Rs 32,145.13 crore, higher by Rs 507.30 crore than the bank's estimates, as on March 31, 2016, the report said

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'Small Entrepreneurs And Self-employed Will Benefit Immensely From New Direct Selling Guidelines'

BW Businessworld’s Clifford Alvares spoke to Zaheer Merchant, Director of Corporate Affairs at QNet on the direct selling guidelines that have been recently issued by the Ministry of Corporate Affairs and also the road ahead for direct selling

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Indian Bank Q1 Profit Rises 21% To Rs 372 Crore

Gross non-performing assets (NPAs) of the bank rose to 7.21 per cent, from 6.97 per cent a year ago. Net NPAs however came down to 4.05 per cent of net advances from, 4.48 per cent

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Should You Buy Or Rent A Home?

Do not rush into real estate as a leveraged investment right now. If you're buying as an end user, consider your unique life situation before singing up. Remember that a home loan is a long-term contract, and your equity in the property will build up at a snail's pace. A misstep could cost you heavily

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RBL Bank Q1 Net Up 45% to Rs 141 Cr On Interest Income

RBL Bank reported a jump of 44.9 per cent in net profit at Rs 141.02 crore for the first quarter ended June on healthy growth in core income. The private bank had registered a net profit of Rs 97.34 crore during the April-June quarter of previous fiscal

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ICICI Offers Up To Rs 15 Lakh Instant Personal Loan Via ATMs

ICICI Bank will be selling personal loans of up to Rs 15 lakh through its ATMs that can be availed of by select salaried customers even if they haven't previously applied for one

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