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After Merger HDFC Bank will be in the Global 10 Banks

At present valuation, HDFC Bank will be one of the top ten most valuable banks in the world following its merger with parent HDFC....

Three commercial banks have been given permission by the defence ministry to offer financing for international purchases.

The Ministry of Defence has assigned three private banks, HDFC Bank, ICICI Banks, and Axis Bank, to provide the Letter of Credit (LOC) and...

EnKash launched banking infra API suite to enable financial service providers issue their own cards

EnKash, a corporate card and spend management has launched a Card API Suite, CardX. The suite will come with ‘plug-and-play’ integration that will enable...

SIDBI launched Enterprise Connect Desks to promote entrepreneurship in UP

Small Industries Development Bank of India (SIDBI) in partnership with the One District One Product (ODOP) Cell of Uttar Pradesh government’s MSME Department on...

HDFC Bank collaborates with Retailio to launch co-branded credit cards

The HDFC Bank in collaboration with Retailio has launched a new range of co-branded credit cards today. Pune-based Retailio is a B2B pharma platform....

SBI revised interest rates of repo rate linked home loans

As per the website of the State Bank of India (SBI) has raised its External Benchmark Lending Rate on home loans by 50 basis...

Interest rates on deposit raised by 15 basis points – Karnataka Bank

Karnataka Bank on Friday raised the interest rate on its domestic and Non-Resident External (NRE) rupee accounts term deposits of 1 to 2 years...

Telecom & IT Minister Ashwini Vaishnaw successfully tested 5G call at IIT Madras

Ashwini Vaishnaw, the Minister of Railways, Communications, and Electronics & Information Technology on Thursday successfully tested India’s first 5G audio and video call at...

RBI report reveals rise in bank credit by 10.82 percent

Data by the Reserve Bank of India (RBI) has revealed that bank credit has risen by 10.82% to Rs 120.46 lakh crore, while the...

Net profit of Indian Overseas Bank increased by 58 percent

Indian Overseas Bank has posted a net profit of Rs 552 crore in the quarter ended March 2022. An increase of 58% is mainly...

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