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Defence Ministry signs MoUs to onboard four banks as SPARSH service centre
Updated : 1 year, 11 months ago IST
The Defence Accounts Department (DAD), which functions under the administrative control of the Ministry of Defence will onboard the Bank of India, Canara Bank, Central Bank of India and Utkarsh Small Finance Bank to provide the last mile connectivity to the pensioners.
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NIPL ties up with Central Bank of Peru for UPI-like payment system in Peru
Updated : 1 year, 11 months ago IST
NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have announced a partnership on Wednesday to enable the deployment of a UPI-like real-time payments system in Peru
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India's PhonePe UPI launched in Sri Lanka
Updated : 2 years ago IST
Central Bank of Sri Lanka Governor Nandalal Weerasinghe and India's High Commissioner to Sri Lanka Santosh Jha attended the launch event in Sri Lanka.
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Hungary, UAE as gateway regions offer new opportunities for global economy
Updated : 2 years ago IST
The emergence of "gateway regions" such as Hungary and the UAE is a new opportunity for the global economy during a challenging decade, according to Gyorgy Matolcsy, Governor of the Central Bank of Hungary (MNB).
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UAE Fund Transfer System processed transactions worth AED3 trillion in Jan
Updated : 2 years ago IST
The gross value of interbank fund transfers through the UAE Fund Transfer System (UAEFTS) rose to more than AED 3 trillion during January and February 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE)
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Gross banks' assets exceed AED 4.2 trillion milestone in February 2024: CB
Updated : 2 years, 1 month ago IST
Gross banks' assets in the country surpassed the AED4.2 trillion mark by the end February 2024, for the first time in its history, according to the latest statistics from the Central Bank of the United Arab Emirates (CBUAE).
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India largest source of foreign direct investment in Nepal, contributes to
Updated : 2 years, 1 month ago IST
However, there's a notable gap between approved FDI and actual net FDI inflows in Nepal, as revealed by the latest report unveiled by Nepal Rastra Bank, the central bank of Nepal, on "FDI in Nepal, 2021-22."
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Physics Wallah (PW) Achieves Outstanding Success in IBPS Result 2024: Over
Updated : 2 years, 1 month ago IST
New Delhi [India], April 8: Physics Wallah (PW), India's leading ed-tech platform, is proud to announce the exceptional results of its students in the IBPS Result 2024 with over 1000 students qualifying for the exam, while Amit Kumar Mandal achieving the highest score in the IBPS PO. The IBP
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Aggregate capital, reserves of UAE-based banks increase to AED500 billion
Updated : 2 years, 1 month ago IST
The aggregate capital and reserves of banks operating in the United Arab Emirates (UAE) reached AED 500 billion at the end of January 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).
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UAE: Banking sector sees AED 25 billion surge in new savings deposits over
Updated : 2 years, 1 month ago IST
Savings deposits in the UAE's banking sector, excluding interbank deposits, attracted around AED 25 billion to reach AED270.48 billion at the end of January 2024, compared to about AED USD 245.54 billion in January 2023, with an annual growth of 10.2 per cent, according to the latest stat
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Monetary tightening measures by RBI stabilised G-sec yields, contributed t
Updated : 2 years, 1 month ago IST
Sitharaman stated, "RBI, the central bank of India had a remarkable chequered history. Once in a century, pandemic the Covid hit us. The RBI Adopted and infact deployed conventional and unconventional range of instruments to provide liquidity and to promote growth and to ensure financial
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UAE: CBUAE maintains Base Rate at 5.40 pc
Updated : 2 years, 2 months ago IST
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40 per cent.
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