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RBI signals monetary policy won't sacrifice growth too much
India’s central bank Governor Shaktikanta Das said monetary policy is mindful of the economy’s growth needs, signaling that tightening will be geared...
Buy on intraday corrections
On the first trading session of 2022, the benchmark index Sensex was up by 929 points.
Axis Bank to raise up to Rs 5,000 crore by issuing bonds
In April this year, the board of directors of Axis Bank had authorised it to borrow/raise funds in Indian currency/foreign currency by issue of debt...
Deposit insurance reforms will instil confidence in people on banking...
Prime Minister Narendra Modi said deposit insurance reforms undertaken by the government will instil confidence in account holders on the banking...
Bank unions call for two day bank strike on 16 & 17 Dec
India's largest public sector bank, the State Bank of India (SBI) stated that the normal functioning of the bank is likely to be impacted by the...
ATM cash withdrawals to be expensive from January 2022
Cash withdrawal from ATM will get costlier from January after cash withdrawal limit from the ATM gets exhausted. So, credit or debit card customers...
LIC gets RBI nod to increase stake in Kotak Mahindra Bank
Private sector lender Kotak Mahindra Bank, said the Reserve Bank of India (RBI) had granted its approval to Life Insurance Corporation of India (LIC)...
IOB, Central Bank of India clarify on privatisation reports
Amid privatisation buzz, Indian Overseas Bank (IOB) and Central Bank of India (CBI) informed the exchanges that no information had been conveyed on...