Search For "bank"
Bolivia gets closer to China, but trading in Yuan 'doubtful': Report
Updated : 3 years ago IST
"Bolivia does not have the conditions for a change from the dollar to the yuan currently because all the income from imports and exports that the country makes go to markets where we are paid in dollars and imports are also in dollars. On the other hand, we also have a trade balance with Chi
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ED issues show-cause notices to Xiaomi, three banks for FEMA violation
Updated : 3 years ago IST
The Adjudicating Authority has issued show cause notices to Xiaomi Technology India Private Limited, its officials and three banks under section 16 of the Foreign Exchange Management Act on the basis of a complaint filed by the Enforcement Directorate (ED) with respect to illegal remittances
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SBM Bank India Launches World Elite Metal Debit Card - An On-request Gatew
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], June 9: SBM Bank India today unlocked exclusive, on-invitation access to the world of luxury with the launch of the SBM World Elite Metal Debit Card. Powered by Mastercard, SBM World Elite Metal Debit Card is designed and being offered exclusively to SBM Private
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Centre announces 4 initiatives to strengthen 1,514 Urban co-operative bank
Updated : 3 years ago IST
"In a significant move, the Central government on Friday took four important initiatives to strengthen 1,514 Urban Co-operative Banks (UCBs) in the country realising Prime Minister Narendra Modi's vision of 'Sahakar se Samridhi," the statement said.
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"Expiry Change from Thursday to Friday will see turnover growth of 25 per
Updated : 3 years ago IST
New Delhi [India], June 9: Share India Securities Ltd. (BSE: 540725, NSE: SHAREINDIA) is one of India's leading tech-based financial service providers. Speaking about the change in "Bank Nifty Futures & Options contracts" expiry to Friday from Thursday, the company said, "It will be a po
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South Indian Bank Partners with actyv.ai to Offer GST-Based Loans and Wins
Updated : 3 years ago IST
Bengaluru (Karnataka) [India], June 9: actyv.ai, a leading AI-powered enterprise SaaS platform with embedded B2B BNPL and insurance offerings, has congratulated its partner South Indian Bank for winning the prestigious Digital CX Awards in Singapore recently. The Awards, instituted by Singap
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SC declines urgent listing of plea challenging RBI decision on Rs 2,000 no
Updated : 3 years ago IST
The Supreme Court once again declined an urgent hearing of a plea challenging RBI's decision permitting citizens to exchange Rs 2000 banknotes, which are being pulled out of circulation, without any requisition slip and ID proof.
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UAE Fund Transfer System processed transactions worth AED 3.89 trillion in
Updated : 3 years ago IST
Statistics showed that bank transfers and customer transfers conducted in the period under review stood at AED 2.47 trillion and AED 1.21 trillion respectively.
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RBI's decision to keep repo rate unchanged on expected lines: SBI chief Kh
Updated : 3 years ago IST
"The RBI decision to pause was largely on expected lines. The communication was nuanced and tailored to anchor market expectations for the future in terms of a durable glide path of inflation. The bouquet of policy changes on the development front covers a wide spectrum and prioritizes re
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Astana International Forum is an important platform at time of "overlappin
Updated : 3 years ago IST
A Canadian professor has termed the Astana International Forum (AIF), which is held annually, as an "important addition to major economic forums" at a time of overlapping crisis, reported The Astana Times.
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Repo rate kept unchanged, inflation projection lowered by RBI; experts hav
Updated : 3 years ago IST
Unchanged repo rate as was expected, lowering of inflation projection, and retention of previously forecasted GDP numbers for 2023-24 were some of the key highlights from the three-day RBI monetary policy review meeting.
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Half of Rs 2,000 notes in circulation back in system: RBI Governor
Updated : 3 years ago IST
On May 19, RBI decided to withdraw the Rs 2,000 denomination currency notes from circulation, but said it will continue to remain as legal tender. However, RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.
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