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Finance Minister Arun Jaitley has said the experience with consolidation has been positive so far — the merger of SBI’s subsidiari...
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Banking

Axis Bank Ltd recently launched a new home loan product—Shubh Aarambh. The loan product promises to waive 12 equated monthly insta...
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Banking

Raghuram Rajan said decisions need to be made by those who understand the banking system, rather than necessarily by bureaucrats....
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Banking

MUMBAI, SEPTEMBER 6:   It has been a little less than two months since the launch of Fino Payments Bank and Rishi Gupta,...
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Banking

Banks have also been asked to step up their vigil against those companies that are non-compliant with various regulations. Photo:...
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Banking

Bank holds meeting of exporter, importers With the merger of six associate banks on April 1, State Bank of India has emerged...
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Banking

New Delhi: The Union Cabinet’s decision to speed up the merger of public sector banks (PSBs) will not improve their weak cap...
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Banking

Washington: Flood damage in Texas from Hurricane Harvey may equal that from 2005’s Hurricane Katrina, the costliest natural...
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Banking

New Delhi: The finance ministry is open to providing capital support for facilitating consolidation among state-owned banks, which...
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Banking

New Delhi: Public sector banks have taken loan recovery action under Sarfaesi law against 5,954 wilful defaulters owing about Rs....
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