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Axis Bank announced a hike in Fixed Deposit interest rate

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

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

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...

Lenders need to monitor industries with fossil fuel links: RBI

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...

ONDC seeks to democratize e-commerce

Piyush Goyal, the Minister of Commerce and Industry, Consumer Affairs and Food and Public Distribution and Textiles had virtually addressed the fifth edition annual...

15.29 lakh new subscribers added to EPFO in January

As per the latest payroll data, Employees' Provident Fund Organisation (EPFO), a retirement fund body had added 15.29 lack subscribers in January 2022, which...

How will Paytm be impacted by curbs imposed by RBI?

The Reserve Bank of India (RBI) had imposed restrictions on new customer onboarding may not have a substantial impact on Paytm Payments Bank. However,...

Fewer EMI bounces indicates drop in loan defaults

Debit bounce rates on bank accounts have reached their lowest level since May 2019, indicating an improvement in the assets quality of banks. National...

Data governance and AI skills must for bureaucrats – Prime Minister Modi

Bureaucrats must be equipped with data governance and artificial intelligence skills, said Prime Narendra Modi on Thursday at the valedictory functions of the common...

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