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The government has set up a high-power committee under the Financial Stability and Development Council (FSDC) to find ways for the banking sector to...
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The new bank licenses will be issued in a few weeks after a securing permission from the Election Commission, RBI governor Raghuram Rajan said....
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Lakshmi Vilas Bank announced the appointment of Rakesh Sharma as managing director and CEO of the bank. Sharma, who was CGM at the State...
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Central Bank of India has sold its entire stake in Credit Information Bureau of India (CIBIL) to Transunion International for an undisclosed amount. The...
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The finance ministry has directed United Bank of India to recover bad loans worth at least Rs 1 crore every day from each of...
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Canara Bank has signed a memorandum of understanding (MoU) with Biocon Foundation and Orissa Trust of Technical Education (OTTET), to provide a novel e-healthcare...
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In a unique manner, the Shanghai government has approved a city-owned investment company to buy non-performing loans from local banks. This venture is being...
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Finance minister P Chidambaram said the Reserve Bank of India is likely to issue a few bank licences during the remaining term of the...
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ATM, RTGS, NEFT and the National Electronic Clearing Service (NECS) are the most popular among the payment platforms being used in the country, according...
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Central Bank of India has opened a regional office at Warangal, one of the major cities of the newly created Telangana state. The region...
