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Latest Articles in Banking Finance

SBI Hikes MCLR by 10 Basis Points; Boosts Deposit Rates For Select Buckets

The overnight MCLR is currently 7.95 per cent, the one-month and three-month MCLRs are 8.10 per cent, and the six-month MCLR is 8.40 per cent

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Paytm Payments Bank Becomes First To Launch UPI LITE Feature

As a part of its efforts to drive innovation, the Bank said it is the first payments bank to launch such UPI LITE feature.

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Crypto: How To Rightly File Your TDS Post Budget 2023

With every new Budget, there are changes made in the tax laws and regulations that affect the filing of TDS. Therefore, it is important to be aware of these changes and to ensure that the TDS is filed correctly to avoid any penalties or legal issues

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Yes Bank Seeks SC Review Of Bombay HC Decision On Controversial AT-1 Bonds

The Bombay High Court has ruled against YES Bank, striking down the bank's choice to cancel AT-1 bonds in March 2020. The decision was made on January 20.

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Kotak Mahindra Bank Increases Fixed Deposit Rates To 25Bps

Senior citizens will be benefitted with a 7.60 per cent interest for deposit amounts of up to Rs 2 crore in 12 months to 2 years tenor

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Shriram Life Insurance's Q3 Net Profit Rises To Rs 31 Cr

During the October-December 2022 period, the new business individual premium, a crucial indicator of performance, experienced a 19% year-over-year increase to reach INR 167 crore

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Vedanta's Anil Agarwal Hails FM's Announcement Of National Digital Library

The country's people will have access to the entire world through digital libraries, says

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Federal Bank Disburses Largest Amount Of Climate Loan

This recognition highlights the bank’s commitment to promoting sustainable development and mitigating the impacts of climate change through innovative and impactful financing solutions

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'Exposure To Adani Group Not A Major Concern,' Says RBI Governor

Das added that the strength and resilience of the system are much larger and stronger to be affected by an individual case

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RBI Proposes UPI Payments Facility For Inbound Travellers

UPI payments system has become hugely popular for retail digital payments in India, and its adoption is increasing at a rapid pace

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RBI Hike Impact: Home Loans May Get Costlier

Experts expect the central bank to maintain the status quo for the rest of 2023. A direct impact will be an increase in the borrowing cost by another 10-15 bps; move may adversely impact 'affordable housing segment', say experts

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BCT Is One Of Many Promising Technologies: MoS Karad

This was stated by Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in Rajya Sabha

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LIC Housing Finance Reports Massive Decline 37% In Q3

LIC Housing Finance shares plunged to 2.88 per cent to close at Rs 388.30 apiece on the Bombay Stock Exchange (BSE) prior to the results on Monday

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MPC Meeting SBI Economists Anticipate RBI To Pause Interest Rate Hike

Monetary Policy Committee (MPC) organised by the central bank is probable to continue with its present stance of withdrawal of accommodation, the state's bank economists said

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