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Banking

HDFC Bank plans to raise Rs 50,000 crore through bonds

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The private lender, HDFC Bank said it is seeking board approval for raising Rs 50,000 crore by issuing bonds. Reaffirming the rating of Bank,...
Banking

Union nxt app launched by Union Bank

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The Union Bank of India has launched ‘Union nxt’, a super app under its digital transformation project “Sambhav.” The bank has informed that it...
Banking

15 lakh people are now directly or indirectly working at MeitY’s CSC

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Currently, 15 lakh people are working directly or indirectly working at the Common Service Centres (CSC), under the Digital India Programme across the country....
Banking

HDFC Bank has updated its UPI terms and conditions

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HDFC Bank has announced on its official website that the Terms and Conditions for its Unified Interface Payment (UPI) have been updated. A ticker...
Banking

RuPay card now operational in Nepal

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With the launch of RuPay payment card in Nepal, the country has become the fourth foreign country to operationalize the card. Prime Narendra Modi...
Banking

Date extended to March 2023 for banks to implement new system to replenish cash in ATMs

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The Reserve Bank of India (RBI) on Thursday has given another extension till March 2023 to banks to implement its direction on the use...
Banking

Finance Ministry forbids ministries and departments to issue “Letter of Comfort”

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The finance ministry aiming at bringing transparency in fiscal matters and budgeting has forbidden ministries and departments to issue a ‘Letter of Comfort’ to...
Banking

Govt will return all bank guarantees to telecom firms – Minister of state for communications

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Minister of state for communications, Devusinh Chauhan said that the government has planned to return all bank guarantees provided by telecom operators. This decision...
Banking

ICICI Bank to acquire 10 lakh equity shares in ONDC

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ICICI Bank ICICI Bank on Tuesday said that it will invest Rs 10 crore to buy 10 lakh equity shares in Open Network for Digital...
Banking

HDFC Bank to acquire stake in IDRCL for Rs 3 crore

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HDFC Bank on Tuesday has announced that it has entered into an agreement to invest Rs 3 crore in the first tranche to acquire...
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