Search For "banks"
No hurry to cut interest rates, US Fed Chair indicates
Updated : 1 year, 12 months ago IST
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months.
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Begin the New Financial Year with FDs on Bajaj Markets
Updated : 1 year, 12 months ago IST
Pune (Maharashtra) [India], March 29: Bajaj Markets has tied up with several leading banks and NBFCs to offer a range of investment products, including fixed deposits. It is an ideal savings scheme for individuals looking for a fresh start to the new financial year. This facilitates improved
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Indian banks expected to maintain profitability amid margin pressure: Fitc
Updated : 1 year, 12 months ago IST
According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis points over the next two years from the current cyclical peak of 3.6 per cent in the nine months of the financial year ending March 2024 (9MFY24), the sector's earnings resilience will persist.
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Razorpay Awarded 'Best Fintech Company' at Business Today & KPMG's Awa
Updated : 1 year, 12 months ago IST
Bangalore (Karnataka) [India], March 27: Razorpay, India's Leading Omnichannel Payments, and Business Banking Platform, was awarded the 'Best Fintech Company' in the Payments Category at the 28th Edition of the Business Today & KPMG's Best Banks and Fintech Awards 2024, held at GIFT City
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TN: On campaign trail BJP's Tamilisai Soundarajan banks on development, pa
Updated : 1 year, 12 months ago IST
The BJP has fielded former Telangana Governor and party leader Tamilisai Soundarajan from Chennai South.
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Indian banks' profitability to remain resilient despite margin pressure: F
Updated : 2 years ago IST
Profitability of Indian banks is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term, according to Fitch Ratings.
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RBI offices to remain open for greater convenience of taxpayers on March 3
Updated : 2 years ago IST
In a statement on special measures for the current financial year (2023-24) and in the wake of the annual closing of government accounts, the Reserve Bank said that electronic transactions can be done till the stipulated time on both days (March 30 and March 31).
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Government to strengthen Regional Rural Banks; Rs 6200 cr allotted for rec
Updated : 2 years ago IST
The performance of RRBs has improved significantly, with a consolidated CRAR (Capital to Risk-weighted Assets Ratio) at an all-time high of 13.83 per cent as of December 31, 2023.
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Banks spending more to ramp up defences against cyberthreats: Moody's
Updated : 2 years ago IST
Financial institutions are prime targets as they safeguard client wealth, facilitate transactions through payment networks and manage vast amounts of personal information.
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Public sector banks doing better in managing NPAs vis-a-vis their private
Updated : 2 years ago IST
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
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Indian banking sector continues to improve with better asset quality, high
Updated : 2 years ago IST
The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed.
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"No level playing field for polls" alleges Mallikarjun Kharge, blames BJP
Updated : 2 years ago IST
Congress President Mallikarjun Kharge trained guns on the ruling Bharatiya Janata Party over the "freezing" of its bank accounts and said that the BJP received the highest amount of donation through electoral bonds but "froze the bank accounts related to Congress."
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