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Latest Articles in Banking Finance

Bharti Axa General Insurance Premium Income Up 38 Pc To Rs 3,157 Cr In FY20

Commercial lines segment focused on SME and MSME to grow by 49 per cent at Rs 430 crore in the year ended March 31 against Rs 289 crore in the corresponding fiscal a year earlier.

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HDFC Reduces Prime Lending Rate By 20 Bps To Boost Loan Offtakes

State Bank of India (SBI) cut its marginal cost of funds based lending rate by 25 basis points across all tenors.

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Lloyds Bank Fined $81 Million For Overcharging Mortgage Customers

Lloyds and its Bank of Scotland and The Mortgage Business units are set to pay around 300 million pounds in redress to 526,000 customers

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Indian Bank Staff Want Cleaner Branches Amid Coronavirus Deaths In Industry

The Finance Ministry and the Indian Banks' Association, an industry body representing lenders, did not immediately respond to a request for comment.

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Financial Advisors, Drive Your Business Forward Digitally, During The Lockdown

Keep posting informative and educative content to engage with existing clients and network with potential ones.

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How To Accelerate Your Savings

Here are five simple tips to help you accelerate your savings and create wealth.

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How To Max Out Your Mutual Fund Portfolio

As a Mutual Fund investor, here are 4 steps you can take in order to stay ahead of the curve.

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Is It Advisable For A Newcomer To Invest In Mutual Funds Now?

One can invest in the short term, long term, ensuring regular income, retirement planning, children’s education planning, etc. Mutual funds touch every sphere of our life.

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Every Business Will Have to Re-define Itself: Uday Kotak, CII President

In an exclusive interaction with BW Businessworld, seasoned banker Uday Kotak, who is now the new President of the Confederation of Indian Industry (CII) for 2020-21 in its 125th year, says every business will need to redefine itself in the Covid times and that it is the right time to ‘reset India’.

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SBI Profit Jumps Four-Fold On Asset Quality, Unit Stake Sale

The bank's gross bad loans as a percentage of total loans, a measure of asset quality, eased to 6.15% from 6.94% in the previous quarter

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SBI's Profit Jumps Four-fold On Gain From Card Unit Stake Sale

Net profit for the three months ended March 31 jumped to 35.81 billion rupees ($474.46 million) from 8.38 billion rupees a year earlier, Mumbai-based SBI said in a regulatory filing.

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Indian Banks’ High NPAs and Abysmally Low Recovery: Revamp or Perish

PSB reform and concomitant credit discipline is necessary not only to catalyze economic growth, but also to broaden and deepen financial market.

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How NBFCs Can Play A Pivotal Role In Economic Recovery In India

The World Bank estimates that micro, small and medium-sized enterprises represent about 90% of businesses globally and more than 50% of employment worldwide.

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IndusInd Bank Launches Mobile App Based Facility For Opening Current Accounts

IndusInd Bank has 1,911 branches and banking outlets along with 2,760 ATMs spread across 751 geographical locations of the country.

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Singapore To Assess COVID-19 Impact On Digital Bank Bidders

Singapore is issuing up to two digital retail and three wholesale bank licences, and bidders need S$1.5 billion ($1.1 billion) in paid-up capital.

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