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RBI's revised priority sector lending norms ease credit constraints in ren
Updated : 12 months ago IST
The Reserve Bank of India's (RBI) revised guidelines for Priority Sector Lending (PSL) have helped ease credit constraints in the renewable energy sector, according to a report by the State Bank of India (SBI).
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Parliament Budget Session: Sitharaman to move Banking Laws Amendment Bill
Updated : 12 months ago IST
The Budget Session of Parliament will resume on Wednesday with key bills such as The Banking Laws (Amendment) Bill 2024, the Protection of Interests in Aircraft Objects Bill, 2025 set to be moved in Rajya Sabha while Union Home Minister Amit Shah will move The "Tribhuvan" Sahkari Universi
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J-K: ACB conducts searches at multiple locations in bank embezzlement case
Updated : 12 months ago IST
The Economic Offences Wing (EoW) of the Anti-Corruption Bureau (ACB), Jammu and Kashmir conducted searches at four locations in Srinagar, Budgam, and Bandipora districts in connection with a bank embezzlement case.
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Various Options to Get a Business Loan in India
Updated : 12 months ago IST
New Delhi [India], March 25: MSMEs need capital for operational purposes and expansion, where Indian business owners have access to different sources of loans. Banks provide conventional loan products, and NBFCs can offer more accommodating terms. Government schemes focus on MSME financing s
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Understanding the Significance of Fixed Deposit Receipts
Updated : 12 months ago IST
Mumbai (Maharashtra) [India], March 25: Fixed Deposit Receipts (FDRs) have emerged as a cornerstone for reliable investment strategies. These are official documents issued by banks or financial institutions when customers open fixed deposit accounts. The FDR contains essential details such a
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Pakistan: Strike in Gwadar, other cities of Balochistan to support BYC's r
Updated : 12 months ago IST
All businesses, banks, shops and petrol pumps in the city remained shut to protest against the arrests and cases lodged against all BYC women leaders, including Mahrang Baloch, Bebo Baloch and Sammi Deen Baloch.
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L&T Finance Launches the 'LTF Pearl Anniversary Challenge' Hackathon t
Updated : 12 months ago IST
Mumbai (Maharashtra) [India], March 25: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced the launch of the 'LTF Pearl Anniversary Challenge,' a hackathon focused on developing innovative models to enhance credit assessments for
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Oscar-winning documentary 'No Other Land' co-director Hamdan Ballal assaul
Updated : 12 months ago IST
Hamdan Ballal, co-director of the Oscar-winning Israel-Palestine documentary "No Other Land," has allegedly been attacked by Israeli settlers in the occupied West Bank and was taken away by Israeli soldiers as per his colleague Yuval Abraham and other eyewitnesses
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"Vote bank politics is being played": BJP MP K Laxman criticizes Telangana
Updated : 12 months ago IST
BJP Rajya Sabha MP K Laxman has criticized Telangana for including 90% of Muslims in the OBC category, accusing the state of playing vote bank politics and undermining the rights of OBC communities. He also mentioned Karnataka's plans for Muslim reservation.
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Why Borrowers Trust OneScore for Better Loan Choices
Updated : 12 months ago IST
Pune (Maharashtra) [India], March 25: Whether one applies for a loan on a personal loan app or in person through a bank, all financial institutions consider credit scores when assessing eligibility. The OneScore credit score and loan app helps borrowers track scores, analyse their credit rep
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RBI says banks cannot impose excessive charges on loan amounts upto Rs 50,
Updated : 12 months ago IST
The Reserve Bank of India (RBI) has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority sector lending (PSL) category.
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PCI submits letter to PM Modi seeking re-evaluation of zero MDR for UPI an
Updated : 12 months ago IST
The Payments Council of India (PCI), an industry body representing a diverse range of non-banking payment industry players, with 180 members, has submitted a formal letter to the Prime Minister Narendra Modi, seeking urgent reconsideration of the Zero Merchant Discount Rate (MDR) policy for
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