Search For "bank limit"
Cyril Amarchand Mangaldas advises Kotak Mahindra Bank on Rs 537 crore acqu
Updated : 3 years ago IST
Mumbai (Maharashtra)/ New Delhi [India], March 3 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Kotak Mahindra Bank Limited (Kotak), in relation to the acquisition of Sonata Finance Private Limited (Sonata), a Non-Banking Finance Company - Micro Finance Institution registered wi
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Paytm Payments Bank becomes first to launch UPI LITE feature
Updated : 3 years, 1 month ago IST
Designed by the National Payments Corporation of India (NPCI), UPI LITE was launched by the Reserve Bank of India in September 2022. It also de-clutters the bank passbook of small value transactions, as these payments would now only show in the Paytm balance and history section, and not in t
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Paytm Payments Bank gets final nod from RBI to operate Bharat Bill Payment
Updated : 3 years, 2 months ago IST
Paytm Payments Bank Limited (PPBL) received final approval from the Reserve Bank of India to operate as Bharat Bill Payment System services under the Payment and Settlement Systems Act, 2007, said a press release on Monday.
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Cyril Amarchand Mangaldas advises on the debt availed by Piramal Critical
Updated : 3 years, 4 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], November 11 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised State Bank of India, London Branch, Axis Bank Limited, IFSC Banking Unit (IBU) GIFT City Branch and HSBC, USA N.A., for debt aggregating up to USD 225 million, availed by Piramal
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RBI imposes monetary penalty on Rajgurunagar Sahakari Bank Limited
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 4 lakh on Pune-based The Rajgurunagar Sahakari Bank Limited on non-compliance with directions of the central bank on the interest rate and deposits.
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Pakistan's largest private bank HBL 'aided al-Qaeda terror'
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 30 (ANI): Pakistan's largest multinational private sector bank Habib Bank Limited (HBL) is facing allegations in the United States of facilitating terror financing by aiding al-Qaeda, media reports said.
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RBI cancels licence of Laxmi Co-operative Bank, Solapur
Updated : 3 years, 6 months ago IST
New Delhi [India], September 22 (ANI): The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence of The Laxmi Co-operative Bank Limited, Solapur, Maharashtra.
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Utkarsh Small Finance Bank Limited expands its presence
Updated : 3 years, 6 months ago IST
Varanasi (Uttar Pradesh) [India], September 22 (ANI/PNN): Utkarsh Small Finance Bank Limited (USFBL), today on its 13th Foundation Day announced the inauguration of 22 branch outlets in the country.
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CBI files chargesheet against Yes Bank MD, Avantha Group's chairman, Oyest
Updated : 3 years, 6 months ago IST
New Delhi [India], September 19 (ANI): The Central Bureau of Investigation (CBI) filed a chargesheet against Rana Kapoor, the then MD and CEO, Yes Bank Limited; Gautam Thapar, chairman, Avantha Group and M/s Oyster Buildwell Private Limited in a bank fraud case to the tune of approximately R
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Rupee Co-operative Bank will cease to carry on banking business from Sept
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 27 (ANI): Pune-based Rupee Co-operative Bank Limited will cease to carry on banking business from September 22, 2022, the Reserve Bank of India (RBI) has said.
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Momspresso.com launches India's only shopping card exclusively for influen
Updated : 3 years, 7 months ago IST
Delhi-NCR [India], August 4 (ANI/BusinessWire India): Momspresso.com, India's largest content and influencer platform for women has launched MyMo - India's only shopping card exclusively for Influencers. The brand has partnered with Falcon and Yes Bank Limited to launch this innovative produ
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RBI imposes monetary penalty on Gauhati Co-operative Urban Bank
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 28 (ANI): The Reserve Bank of India (RBI) on Thursday said it has imposed a monetary penalty on Guwahati-based co-operative bank The Gauhati Co-operative Urban Bank Limited for non-compliance with KYC-related compliance.
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