Search For "bank"
RBI mandates banks to set up committees for inspection of fraud cases afte
Updated : 1 year, 8 months ago IST
As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed show-cause notice (SCN) to the persons or entities against whom the fraud allegations are labelled.
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Paytm states consistent compliance and adherence to regulations on adminis
Updated : 1 year, 8 months ago IST
In response to the SEBI Administrative Warning, India's leading payments and financial services distribution platform, Paytm, said that it has consistently adhered to all listing regulations from time to time, including any amendments and updates to these regulations over time.
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Banks in Abu Dhabi pump AED 45.8 bn in financial facilities in first four
Updated : 1 year, 8 months ago IST
Gross domestic credit extended by banks operating in Abu Dhabi in the first four months of the year grew by 5 percent or AED 45.8 billion to AED 961.9 billion from AED915.9 billion at the end of last year, according to UAE banking indicators by emirate released by the Central Bank of the UAE
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Finlatics Revolutionizes Learning with a Focus on Practical, Impactful Exp
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], July 15: Boasting a program completion rate that is six times greater than the industry average, one of India's fastest-growing profitable education start-ups, Finlatics is focusing on affordable upskilling to deliver value.
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Bank of Maharashtra's net profit surges to Rs 1,293 cr in Q1 FY 25
Updated : 1 year, 8 months ago IST
The net profit of Bank of Maharashtra surged by 46.64 per cent to Rs 1293 crore during the first quarter of FY 2024-25, the bank informed the exchange in a filing on Monday.
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NBFC Mirae Asset Financial Services Foray into Unsecured Personal Loan Seg
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], July 15: In a bid to capture the larger pie of India's credit growth story, Mirae Asset Financial Services, arm of Mirae Asset Group has launched personal loans for salaried employees across selected cities.
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China's second-quarter GDP growth falls short of expectations
Updated : 1 year, 8 months ago IST
This growth rate marked a slowdown from the 5.3 per cent growth observed in the first quarter. Additionally, June's retail sales saw an increase of 2 per cent, falling short of the expected 3.3 per cent growth.
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Bajaj Finserv AMC launches Savings+: All you need to know
Updated : 1 year, 8 months ago IST
Pune (Maharashtra) [India], July 15: Make better use of the surplus funds lying idle in your savings account with Savings+, a unique investment solution from Bajaj Finserv Asset Management Ltd. Savings+ makes mutual fund investments more accessible by helping investors combine the safety of
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SBI raises lending rates by 5 to 10 bps, new loans to cost more
Updated : 1 year, 8 months ago IST
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based Lending Rate (MCLR) by 5-10 basis points for most tenors.
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River erosion crisis: Saryu River devours land in Ballia, forcing villager
Updated : 1 year, 8 months ago IST
Due to the rise in the water levels of the Saryu River in Ballia District of Uttar Pradesh, river erosion has significantly increased near the river banks. The villagers who are living on the banks of the river are very scared due to river erosion and have been forced to use chizels, hammers
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Kotak811 releases the all new multi-featured Kotak811 Mobile Banking App
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], July 15: Kotak Bank announces the latest enhancement of its Kotak811 Banking App, boasting a revamped user interface for a truly intuitive experience. The app is poised to transform UPI transactions and other essential banking features, opening the door to a wor
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NBFC sector seeks more funds to improve liquidity, regulatory reforms from
Updated : 1 year, 8 months ago IST
Ahead of the upcoming Union Budget scheduled to be presented on July 23, the Non-Banking Financial Company (NBFC) sector is expecting enhanced financial inclusion, and reinforcing digitalization efforts to sustain the sector's growth.
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