Search For "bank limit"
IndusInd Bank Q1 net profit rises 61 per cent to Rs 1,631 crore
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 20 (ANI): IndusInd Bank Limited on Wednesday reported a net profit of Rs 1,631 crore for the first quarter of the current financial year as compared to Rs 1,016 crore recorded in the corresponding quarter of the previous year, registering a year-on-year gro
Read More
RBI imposes monetary penalty on Bettiah-based Cooperative Bank
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed Rs 2 lakh monetary penalty on Bettiah (Bihar)-based National Central Cooperative Bank Limited for non-compliance with directions related to KYC and depositor education and awareness fun
Read More
RBI imposes Rs 5.72 crore monetary penalty on Federal Bank Limited
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 5.72 crore on Federal Bank Limited for non-compliance with the central bank's direction related to the delivery of financial services.
Read More
RBI imposes monetary penalty on Kotak Mahindra Bank
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed over Rs 1 crore monetary penalty on Kotak Mahindra Bank Limited for non-compliance with certain directions related to customer protection.
Read More
Max Life launches Insta confirmation of insurance (Insta-COI)+ to deliver
Updated : 3 years, 9 months ago IST
New Delhi [India] June 29 (ANI/NewsVoir): Max Life Insurance Company Ltd. ("Max Life" / "Company"), has rolled out a smart solution, 'Insta confirmation of insurance (Insta-COI)'+, to customers buying the 'Max Life Smart Fixed-return Digital Plan' (UIN: 104N123V01), a non-linked, non-partici
Read More
India Ratings affirms lnduslnd Bank rating; outlook stable
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): India Ratings and Research (Ind-Ra) has affirmed Induslnd Bank Limited's long-term issuer rating at 'IND AA+' with a stable outlook and short-term issuer rating at 'IND A 1 +'.
Read More
ED arrests ex-Managing Director of Industrial Co-operative Bank Ltd in a m
Updated : 3 years, 9 months ago IST
New Delhi [India], June 24 (ANI): The Enforcement Directorate (ED) has arrested Subhra Jyoti Bharali, former Managing Director of Industrial Co-operative Bank Limited in a money laundering case, the agency said on Friday.
Read More
Max Life achieves claims paid ratio of 99.34 per cent in FY22
Updated : 3 years, 9 months ago IST
New Delhi [India] June 14 (ANI/NewsVoir): Max Life Insurance Co Ltd has announced that the Company has disbursed 30,830 death claims worth INR 2,009 crore in the financial year 2021-22, achieving a Claims Paid Ratio of 99.34 per cent during the tumultuous and unpredictable pandemic. With thi
Read More
An initiative by Utkarsh Small Finance Bank on World Environment Day
Updated : 3 years, 9 months ago IST
Varanasi (Uttar Pradesh) [India], June 6 (ANI/BusinessWire India): In commemoration of the 48th World Environment Day, Utkarsh Small Finance Bank Limited ("Utkarsh SFBL" or the "Bank") has initiated a cleanliness drive at Assi Ghat. This initiative held on June 05, 2022, was primarily to cre
Read More
ED raids premises of former MD of Industrial Co-operative Bank Limited
Updated : 3 years, 9 months ago IST
Guwahati (Assam) [India], June 1 (ANI): Enforcement Directorate (ED) conducted searches at the residential and official premises of Subhra Jyoti Bharali, the then Managing Director of Industrial Co-operative Bank Limited (ICBL), under the Prevention of Money Laundering Act (PMLA), 2002, said
Read More
Da Afghanistan Bank lifts limitations on salary withdrawal
Updated : 3 years, 11 months ago IST
Kabul [Afghanistan], April 14 (ANI): Afghanistan's central bank - Da Afghanistan Bank (DAB) on Wednesday lifted limitations on salary withdrawal of government and private employees.
Read More
HDFC to be merged with HDFC bank
Updated : 2 years, 5 months ago IST
Mumbai (Maharashtra) [India], April 4 (ANI): Housing Development Finance Corporation (DGFC) on Monday announced that its board has approved a transformational merger of its wholly woned subsidiaries HDFC Investments Limited and HDFC Holdings Limited with HDFC Bank Limited.
Read More