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Latest Articles in Banking Finance

Govt Committed To Privatisation Of Two Public Sector Banks: Report

According to sources, Central Bank of India and Indian Overseas Bank are likely candidates for privatisation

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RBI Issues Norms For Gold Import By Qualified Jewellers Through IIBX

In addition to agencies nominated by the RBI and by DGFT, Qualified Jewellers (QJ) as approved by International Financial Services Centers Authority (IFSCA) were permitted to import gold in January

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Bank Of India Reports Rs 606 Cr Of Net Profit While NII Rose 16.9%

The operating profit went up by 31.85 per cent YoY from Rs 1,870 crore in Q4FY21 to Rs 2,466 crore in Q4FY22

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BOB Financial And HPCL Launch Contactless RuPay Credit Card

This card has the potential to act as an empowering agent in taking retail purchases for customers to the next level

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Strongly Customer Centric

Commitment to long-term growth and value creation for all its stakeholders has been the mantra for the abiding success of the life insurer

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Rank 3- HDFC Bank: A Cut Above The Rest

HDFC Bank stands tall by virtue of its work philosophy that is characterised by good corporate governance, responsible leadership and belief in shared prosperity

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A Cut Above

HDFC Bank stands tall by virtue of its work philosophy which is characterised by good corporate governance, responsible leadership and belief in shared prosperity

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Customer Centric Approach

A customer-centric approach marked by improving customer experience and ensuring seamless delivery of products and services has done SBI the world of good

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Karnataka HC Refuses For CBI Case In Bank Scam

The court also said merely because a recovery petition is pending, the criminal proceedings against the accused cannot be terminated

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SBI Introduces Real Time Xpress Credit On YONO To Digitally Empower Customers

The digitalisation of Xpress Credit delivery will also help the bank to do away with the need to handle and store enormous paperwork

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Shriram City Union Finance Increases Its FD Rates

Senior citizens will get 0.50 per cent higher interest rate. All the changes that have been made in the rules of FD and have been applicable from 20 May 2022

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Bank Of Maharashtra Eyes 30% Growth In Net Profit After Two-Fold Jump In PAT

NII grew by 23.42 per cent on a year-on-year basis to Rs 6,044 crore in FY2022, as against Rs 4,897 crore in FY2021

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CoinSwitch Calls For Regulatory 'Peace, Certainty'

Although India's central bank has backed a ban on cryptocurrencies over risks to financial stability, a federal government move to tax income from them has been interpreted by the industry as a sign of acceptance by New Delhi

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Bandhan Bank To Increase Exposure To Secured Loans, Says MD & CEO

Presently, the bank's exposure to MFI loans, which are unsecured, is 47 per cent, and the share of its advances to the housing segment is at 24 per cent, retail at two per cent and the micro, small and medium enterprises sector at 27 per cent

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Paytm Payments Bank Expects Central Bank Curbs To Be Lifted In Three To Five Months

In March, the Reserve Bank of India ordered a comprehensive audit of the company's IT systems, citing "material" supervisory concerns, without elaborating further, and barring it from taking on new customers

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