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PM to launch RBI’s retail direct, integrated ombudsman schemes today
November 12, 2021Prime Minister Narendra Modi will launch two innovative, customer-centric initiatives of the Reserve Bank of India...
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Indian Bank launches video KYC facility, open an account from anywhere
November 9, 2021Indian Bank’s video KYC facility allows an applicant to open an account from anywhere by incorporating...
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SBI Card to raise Rs 2,000 cr by issuing bonds
November 8, 2021SBI Cards and Payment Services (SBI Card) on Monday said it will raise Rs 2,000 crore...
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Demand for loan picks up, large corporates and borrowers continue to rely on capital markets
November 5, 2021With businesses and consumers in recovery mode in the post-COVID world, lenders are witnessing a pick-up...
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RBI committed to integrating climate-related risks into financial stability monitoring activities
November 3, 2021The Reserve Bank of India (RBI) is committed to integrating climate-related risks into financial stability monitoring....
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FinMin issues uniform norms for accountability to protect bonafide decision of bankers
October 31, 2021To protect the people taking bonafide business decisions, the finance ministry has issued a uniform staff...
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Banks sanction Rs 11,168 cr under credit outreach initiative
October 26, 2021Banks have sanctioned loans worth Rs 11,168 crore to about 2 lakh borrowers under the credit...
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RBI revises regulatory framework for NBFCs, caps lending for IPO financing at Rs 1 crore
October 23, 2021The Reserve Bank of India has revised regulatory framework for NBFCs, tightening norms on capital and...
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SIT keeps close watch on Pandora Papers probe, tax authorities to invoke foreign black money law if required
October 22, 2021India’s apex direct tax body has sent a directive to its officials to initiate investigations against...
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India to see fundamental shift toward account convertibility: RBI
October 15, 2021India is set for a fundamental shift toward capital account convertibility by increasing integration of offshore...