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Banking

Federal Bank Q4 results announced: Net profits increased by 13 percent

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The Federal Bank on Friday announced the Q4 results, reporting a 13.2 percent rise in its standalone net profit to Rs 541 crore in...
Banking

Digital banking units to become operational in 75 districts by July 2022

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Digital banking units (DBU) in 75 districts, announced in the Budget the Union Budget 2022-23 by Finance minister Nirmala Sitharaman to commemorate the 75...
Banking

Interest rates of repo rate linked home loans hiked by ICICI Bank, BoB

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The Reserve Bank of India on Wednesday announced a 40 basis points hike in key policy rates. With this hike, banks have also increased...
Banking

Kotak Mahindra Bank revised fees for various services

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Kotak Mahindra Bank has revised the fees for various services offered to its savings account customers. These rates are applicable to Edge/Pro/Ace/Platina/Nova/Classic from the...
Banking

Indian Bank collaborates with Maruti Suzuki for car loans

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Indian Bank has collaborated with Maruti Suzuki India Limited to facilitate hassle-free loans for customers. As per the new loan scheme, Indian Bank will...
Banking

Union Bank of India launched SARAS to monitor bad loans

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Union Bank of India has rolled our first-of-its-kind stressed asset recovery automated solution (SARAS) intended to enforce securities, track recoveries as well as improve...
Banking

SBI inks deal with TCS for digital transformation

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Tata Consultancy Services (TCS) today informed that it has signed a deal with the State Bank of India to assist in digitalizing and transforming...
Banking

Revised guidelines for credit and debit card issuance released by RBI Bank

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The Reserve Bank of India (RBI) has released the new guidelines for issuing debit and credit cards, effective from July 1, 2022. The new...
Banking

RBI gives nod to Rural Co-operative Banks to raise capital from preference shares & debt instruments

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The Reserve Bank of India (RBI) on Tuesday had given a nod to Rural Co-operative Banks to raise capital from people in their area...
Banking

Digitally advanced Bank of Baroda aims to disburse loans through digital bank

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After smartening up its infrastructure to support the digital departments internally, Bank of Baroda is now targeting at least 65 percent of retail originations...
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