Search For "banks"
Pakistan: Long queues at filing stations amid petrol shortage
Updated : 3 years, 2 months ago IST
According to petrol dealers, companies cut down supplies of petroleum products to the province over long delays in the issuance of letters of credit by private banks for imports.
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Pak agents warn shipping lines might halt operations: Report
Updated : 3 years, 2 months ago IST
Ship agents have warned the Pakistani government that all export cargoes could stop as foreign shipping lines are considering halting their services for Pakistan after banks stopped remitting freight charges to them for lack of dollar availability, the Dawn reported.
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Uttarakhand: Badrinath Temple wrapped under heavy snow
Updated : 3 years, 2 months ago IST
Located in Garhwal hill tracks in Chamoli district along the banks of Alaknanda River, Badrinath Temple is dedicated to Lord Vishnu. The portals of Badrinath Temple are closed these days for winter break.
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CBI raids 18 sites in Mumbai, Bhopal; recovers Rs 94 lakh in Illegal forex
Updated : 3 years, 2 months ago IST
According to CBI statement, it was alleged that during 2014-2016, a huge amount was remitted in foreign exchange (Forex) abroad from the accounts of nine entities through eight nationalised banks by submitting fake import documents such as bills of entry, bills of lading, among others, witho
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Xpress Legal named the Lex Talk Top banking law firm of the year 2022
Updated : 3 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 20 (ANI/PNN): Mumbai headquartered, Pan India law firm Xpress Legal has been named the Lex Talk Top banking law firm of the year 2022, following its win in Dubai last year. The firm, which is empanelled with major banks and non-bank financial companies N
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Dept of financial services' secretary reviews progress of social security
Updated : 3 years, 2 months ago IST
Besides reviewing the progress under the social security schemes promoting financial inclusion, public sector banks were exhorted to achieve the targets allocated to them under the schemes for the 2022-23, according to a statement from the ministry of finance.
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There's evidence major central banks diversifying away from USD: Credit Su
Updated : 3 years, 2 months ago IST
At present, the US dollar represents slightly more than 60 per cent of global foreign exchange reserves at central banks, compared to more than 80 per cent in the early 1970s.
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Central Govt discusses cyber security measures in financial services secto
Updated : 3 years, 2 months ago IST
According to the statement from the ministry of finance, the symposium provided an opportunity to senior officers from government agencies and departments, and financial services sector regulators, as also senior executives and chief information security officers (CISOs) of banks, insurance
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FinTech enabler Platform, NPST announces a 50 per cent manpower expansion
Updated : 3 years, 2 months ago IST
New Delhi [India], January 17 (ANI/SRV): NPST (Network People Services Technologies Ltd) a leading fintech solution provider to banks, financial institutions & merchants, announced to increase in their employee headcount by 50 per cent. With the growing demand in the fintech industry, NP
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Pakistan: Containers packed with essential items held up at Karachi port a
Updated : 3 years, 2 months ago IST
Banks are refusing to issue new letters of credit for importers due to a shortage of dollars. This has hit the economy which is already suffering due to soaring inflation in the country.
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Don't employ retired staffers to probe corruption cases: CVC tells PSBs, g
Updated : 3 years, 2 months ago IST
The Commission said in a statement that it has been observed that some of the organisations are still appointing retired employees as investigating officers to conduct probes, which is an important vigilance function.
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Pakistan: Food supply at risk as banks reluctant to open letters of credit
Updated : 3 years, 2 months ago IST
The inability of banks to open LC's despite the State Bank of Pakistan's (SBP) directives about import facilitation, poses a threat to the supply of food, as well as, could escalate price pressures and create a shortage of medications.
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