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Latest Articles in Banking Finance
ICICI Lombard Simplifies Claim Process For Customers Affected By Cyclone Amphan
ICICI Lombard is reaching customers through digital platforms and trying to overcome the challenges amidst the cyclone Amphan and Covid
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After Auto Insurance, BSE Ebix Beta Launches Health Insurance
BSE Ebix had beta launched its operations on February 7 with the offering of a private car and two-wheeler auto insurance.
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Banking Sector Needs Recapitalisation Of Rs 4 Lakh Crore: Uday Kotak
State Bank of India (SBI) Chairman Rajnish Kumar said the country needs to invest heavily in agriculture and infrastructure sectors.
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Moody's Downgrades 11 Indian Banks, 11 Nfis, 11 Infra Majors, 4 Issuers
The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles
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Finance Chief Who Guided Tesco From Scandal To Turnaround To Retire
Tesco said Stewart has been granted "good leaver" status for his various deferred bonuses and share schemes, conditional on him not taking up employment as a director
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Moody's Downgrades India's Ratings To Baa3, Maintains Negative Outlook
Real GDP growth has declined from a high of 8.3 per cent in fiscal 2016 (ending March 2017) to 4.2 per cent in fiscal 2019.
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Trends That Will Shape Insurance Industry
The following trends are expected to become mainstream and help the sector:
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Loan Moratorium Extension A Credit Negative For NBFIs' Liquidity: Moody's
The government and the Reserve Bank of India have announced a series of measures to alleviate liquidity stress at the NBFIs. However, the measures have been mostly ineffective.
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After Losses For 13 Quarters, IDBI Bank Clocks Q4 Profit Of Rs 135 Crore
The gross non-performing asset (NPA) ratio stood at 27.53 per cent as against 27.47 per cent as on March 31 last year and 28.72 per cent as on December 31.
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After Losses For 13 Quarters, IDBI Bank Clocks Q4 Profit Of Rs 135 Crore
The gross non-performing asset (NPA) ratio stood at 27.53 per cent as against 27.47 per cent as on March 31 last year and 28.72 per cent as on December 31.
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Indian Banks' Balance Sheet Risks Rise With Increasing Lending Pressure: Fitch
Several of the state banks also have the added challenge of executing mergers and integrating other weaker banks.
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Citigroup Looks To Return Some Staff To NY Headquarters Over The Summer
Goldman Sachs President John Waldron said on Wednesday the bank plans to reopen its New York and London offices to a small, "core group" of global markets and strategy employees in the coming weeks.
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India May Need To Pump $20 Billion Into Coronavirus-hit State Banks
The government initially considered a budget of around 250 billion rupees for bank recapitalisations but that has risen significantly
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Maruti Suzuki Partners With ICICI Bank For Flexible EMI Financing Schemes
Maruti Suzuki's over 3,000 outlets and ICICI Bank's extensive network of over 5,380 branches across India
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HDFC Q4 Profit Drops 22 % To Rs 2,233 Crore, Declares Dividend Of Rs 21 Per Share
Net interest income for the quarter rose by 17 per cent to Rs 3,780 crore compared with Rs 3,238 crore in the year-ago quarter.
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