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Banking

How banks can compete with Fintechs in the digital offerings

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Fintech payments firms have played a crucial role in the rapid growth of digital payments in India. However, the dominance of these fintech companies...
Banking

No disabled student has availed Free Coaching Scholarship from 2019-2022 – Parliamentary Committee Report

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A report by the parliamentary standing committee tabled in the Lok Sabha on Thursday has revealed that the number of disabled students availing Free...
Banking

SBI collaborates with housing finance companies to provide affordable loans

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The State Bank of India (SBI) on Thursday said that it has collaborated with five housing finance companies to serve the underserved and unserved...
Banking

UPI most preferred payment mode among consumers in 2021

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A report by Worldline India has revealed that Unified Payments Interface (UPI) remained the most preferred payment mode in 2021 among consumers. Collectively digital...
Banking

Bank of India made an investment of Rs 109 crore in NARCL

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Bank of India on Monday has announced that it has invested around Rs 109 crore  in National Asset Reconstruction Company Ltd. With this investment,...
Banking

Govt conduct roadshows to appraise investor interest for IDBI Bank privatisation

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Bhagwat Karad, Minister of State for Finance said on Monday that the government is conducting roadshows for IDBI Bank privatisation and determining EoI after...
Banking

Banks recover Rs 61000 crore via one time settlement

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The government has informed the Parliament that around 11 banks have recovered Rs 61,000 crore via one time settlement in nearly four financial years....
Banking

Axis Bank announced a hike in Fixed Deposit interest rate

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Axis Bank has announced a hike in the interest rates on its fixed deposits (FDs). As displayed on its official website, the bank has...
Banking

State Bank of India to sell NPA accounts to recover loan dues

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The State Bank of India notified that it has lined up the sale of a dozen non-performing assets to recover loan dues of over...
Banking

Lenders need to monitor industries with fossil fuel links: RBI

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The Reserve Bank of India(RBI) has asked all the banks to monitor the industries that are at risk of green transition as nations across...
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