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    Punjab National Bank has sold its entire 30% stake in India Factoring & Financial Solutions for Rs. 107.83 crore. The bank has offloaded its...

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    The Indian Banks’ Association (IBA) is reconsidering a long-standing demand from employee unions to have five-day week work schedule. IBA had commissioned a study...

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    Having generated so much hype in the past several months, the RBI’s decision to grant new banking licenses to just two entities – IDFC...

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    The Reserve Bank of India said banks should explore the scope of having joint venture with e-commerce companies so that payment issues for e-commerce...

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    Barclays is planning to withdraw from parts of the metals, agricultural and energy markets, echoing moves by other major players like JPMorgan Chase and...

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    DBS Bank India is set to offer asset-based lending, nearly five years after entering the consumer banking business in India. The bank will sell...

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    China will limit the amount of money consumers can transfer to third-party online payment platforms, aiming to protect banks and consumers from fraud amid...

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    South Africa’s central bank fined the country’s four largest lenders a total of 125 million rand ($11.9 million) after finding deficiencies in their controls...

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    Ahli United Bank, Bahrain’s largest lender, is evaluating a sale or a merger with a rival bank in a potential $5 billion deal, according...

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