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Latest Articles in Banking Finance
RBI Shocker - The Beginning Of The End Of Low-Interest Home Loans
This rise in interest rates will ultimately impact overall acquisition cost for homebuyers - and may dampen residential sales to some extent
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RBI Governor Announces Rate Hike Of 40 Bps With Immediate Effect
Headline retail inflation in India rose to a 17-month high at 6.95 per cent in March led by a sharper than expected spike in prices of food and manufactured goods, official data showed. It has now remained over the RBI's upper tolerance band of 6 per cent for the third straight month
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Indian Bond Yields Rise Ahead Of RBI Governor's Address
The benchmark 10-year bond yield was trading at 7.19 per cent by 1:13 pm after having touched 7.21 per cent, its highest since April 18. The yield closed at 7.12 per cent on Monday. Financial markets were closed on Tuesday
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RBI Imposes Rs 4 Lakh Fine On This Bank For Contravention Of Directions
The order was issued for contravention of directions issued by RBI on loans and advances to directors, relatives and firms
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The Changing Dynamics Of Retirement
Keeping these six points in mind may help you understand why prioritising your retirement planning goal may be the smartest thing for millennials to do right now.
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In Your Mid-thirties? Here’s A Money Checklist
Here’s a s Financial Planning checklist that should keep you on course
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Incremental Credit To GDP FY23 Share Likely To Cross 50% Mark: Report
A higher credit-to-GDP ratio indicates aggressive and active participation of the banking sector in the real economy, while a lower number shows the need for more formal credit
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IDBI Bank Posts 35% Net Profit At Rs 691 Cr In Q4
The bank's core interest income during the period was down at Rs 4,599.67 crore as against Rs 5,781.48 crore a year ago. Income from other sources was also lower at Rs 844 crore from Rs 1,113 crore
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IDFC First Bank's Net Profit Surges 168% In Q4 FY22
It reported a net profit of Rs 342 crore in the quarter ending March compared to Rs 127.81 crore in the same quarter a year ago
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Q4 Results: Yes Bank Posts Net Profit Of Rs 367 Cr
The private sector lender had posted a net loss of Rs 3,462 crore in the previous fiscal year ended March 2021 and a loss of Rs 22,715 crore in FY20
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Indian Bank Starts Pre-Approved Loan; No Extra Charge
Indian Bank has launched the facility of Pre-approved Personal Loan (PAPL) under its 'World of Advanced Virtual Experience' (Wave)
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ICICI Bank Increases Its FD Interest Rates Again
ICICI bank has increased the rates on fixed deposits of different tenors ranging from Rs 2 crore to Rs 5 crore
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CBI Raids On Suspects' Locations Over Yes Bank Fraud Case
Many documents have also been confiscated from their whereabouts. CBI had also arrested builder Sanjay Chhabria related to this case
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Non-food Bank Credit Grew 9.7% In March, Personal Loans Rose 12.4%: RBI
Loan growth to micro and small industries accelerated to 21.5 per cent from 3.9 per cent and credit to large industries recorded a marginal growth of 0.9 per cent against a contraction of 2.5 per cent during the same period last year
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IndusInd Bank's Net Profit Rise By 64% In Q4FY22
Net Profit for the year ended March 31, 2022 was Rs 4,805 crore as compared to Rs 2,930 crore during the previous year, grew by 64 per cent YoY
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