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Latest Articles in Banking Finance

Yes Bank Posts Lower Net Profit For FY19 Due To NPA Divergence

The private sector lender had reported a net profit of Rs 1,720.28 crore in 2018-19.

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MF Industry Folio Influx Hits 3-Month High In Oct; Over 6 Lakh Accounts Added

The industry had added 3.45 lakh new folios in September, 4.8 lakh in August and more than 10 lakh in July.

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NBFCs With Rs 500 Cr Assets Can Go For Insolvency Resolution

On Friday, the ministry notified the framework for dealing with systemically important FSPs, excluding banks.

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ICICI Bank To Organise 2,000 Loan Camps Across India

The Bank offers instant approvals for loans -- home, personal, two and four-wheeler, and credit cards.

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8 Endowment Plan Features: De-Jargonized!

Here are a few of the most relevant features of your traditional (or “non-linked”) Life Insurance plan, minus the jargon.

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From Neutral To Accommodative

Will the change in RBI’s monetary policy stance help boost growth?

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RBI To Cut Rates By 40 Bps By Feb Despite High Inflation

GDP growth plummeted to a six-year low of 5 per cent for the June quarter and is expected to come lower for the September quarter.

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Had A Small Windfall? Here Are Three Smart Things To Do

Have you just had a minor windfall? Before you splurge it, consider these three simple but powerful ways in which you can put it to good use towards your financial betterment.

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RBI Becomes Net Buyer Of Dollars In Sept, Bought $ 5.61 Billion

RBI purchased USD 6.514 billion and sold USD 900 million in the spot market, according to a recent RBI data.

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Bank Of Baroda Shares Jump Over 5% On Higher Q2 Earnings

The bank had posted a net profit of Rs 425.38 crore in the corresponding quarter of the previous financial year.

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How Succession Planning Can Be A Tool To Preserve Family Wealth

The success of the above approach will entirely depend upon the family’s willingness to embrace the following

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No Levying Of Charges On NEFT Payment From January: RBI To Banks

RBI has also proposed that FAS Tags would be enabled to pay for parking fee and even at fuel stations.

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Should You Still Invest Into 54EC Bonds?

Should you park your long-term capital gains into them nevertheless, or invest someplace else? Here are a few points to consider.

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PMC Depositors Gather Outside RBI Delhi, Demand Assurance From Central Bank

On Tuesday, the RBI increased the withdrawal limit from the bank's customers to Rs 50,000.

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PNB Posts Profit Of Rs 507 Crore In Q2

The state-owned lender had posted a loss of Rs 4,532.35 crore during the same quarter a year ago.

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