RBI will revisit its “withdrawal of accommodation” policy stance around September 2024
State Bank of India’s economic research department said RBI will revisit its “withdrawal of accommodation” policy stance around September 2024,
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Category: Banking & Financial Services
Kotak Mahindra Bank has to move at a much faster pace: MD & CEO Ashok Vaswani
Changing customer expectations, the dramatic pace of business growth and the emerging risk landscape have meant that Kotak Mahindra Bank
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CRISIL MI&A: MPC likely to cut policy rates twice starting October 2024
CRISIL Market Intelligence & Analytics (MI&A) expects two policy rate cuts by the six-member monetary policy committee (MPC) this fiscal
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Bank of India pays ₹935.44 cr dividend to Govt
Bank of India (BoI) has paid ₹935.44 crore dividend for the financial year 2023-24 to Government of India. Rajneesh Karnatak,
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SBI, SBI YONO App: Introduces online loan facility against MF units
State Bank of India has introduced an online loan facility against mutual fund (MF) units through its internet banking (INB)
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Funds raised via ECBs decline 35% y-o-y in the first two months of FY25
Funds raised via External commercial borrowings (ECBs) by India Inc in the first two months of FY25 declined about 35
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NPCI International Payments, QNB signs pact to launch QR code-based UPI payments across Qatar
NPCI International Payments Limited (NIPL) has signed an agreement with Qatar-headquartered QNB to launch QR code-based Unified Payments Interface (UPI)
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Mirae Asset Financial Services launches personal loans
Mirae Asset Financial Services (India) has launched personal loans ranging from ₹75,000 to ₹5 lakhs for salaried employees with a
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SBI mops up ₹10,000 crore via infra bond issue
State Bank of India has raised ₹10,000 crore via a 15-year infrastructure bond issue at a coupon rate of 7.36
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RBI eases LRS norms for investment via GIFT IFSC
The Reserve Bank of India has expanded the scope of remittances to International Financial Services Centres (IFSCs) under the Liberalised
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