Indian Bank has nod to raise ₹12,000 cr, embarks on a 3-pronged plan to sustain deposit growth
Indian Bank’s Chief Shanti Lal Jain said the Bank has initiated a three-pronged strategy to mobilise deposits, addressing the increasing
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Category: Banking & Financial Services
Nitin Gadkari urges FM to withdraw GST on life and medical insurance premiums
Nitin Gadkari, Minister for Road Transport and Highways, has written to Finance Minister Nirmala Sitaraman to withdraw GST on life
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RBI cracks down on wilful defaulters; sets out procedures for lenders, too
The Reserve Bank of India on Tuesday said identification of wilful default should be made keeping in view the track
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Paytm launches NFC card soundbox for offline merchants
One 97 Communications Limited (OCL), which owns brand Paytm, has launched an NFC card soundbox, which combines NFC card technology
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Customs duty cut on gold: Outgo for Govt due to redemption of sovereign gold bonds to come down
The proposal to reduce Customs duty on gold in the Budget may have been prompted by the twin objective of
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Informal finance still thriving in rural India: RBI report
Informal finance is still thriving in rural India, despite the penetration of the formal financial sector, per RBI’s Report on
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Average cost of data breaches in India lower than global average: RBI report
The average cost of data breaches in India stood at $2.18 million in 2023 — a 28 per cent increase
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Sundaram Home reports 16% rise in Q1 net, bets on affordable home segment
Sundaram Home Finance has reported a 16 per cent increase in net profit, reaching ₹66.38 crore for the quarter ended
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Cross-selling and embedded finance models may raise anti-competition concerns: RBI report
Even as cross-selling and embedded finance models enhance customer convenience, they may raise anti-competition concerns due to bundled services, cautioned
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Indian Bank posts 41% increase in Q1 net profit at ₹2,403 crore
Indian Bank has recorded strong growth in its net profit for the June quarter, aided by an increase in operating profit on
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