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Economic Times

"Our banking system is now poised for very good times ahead," he told reporters on the eve of Asian Infrastructure Investment Bank (AIIB)'s maiden ann
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A number of senior bankers, armed with intimate understanding of strengths and weaknesses of traditional banking, are breaking new ground in fintech.
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A graduate in Economics and a Master of Arts in History, Basu has held several key positions in State Bank of India.
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The interim report of the inquiry was reviewed in detail by the Audit Committee and statutory auditors, prior to finalisation of the accounts for the
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NABARD also said of the total number of accounts with ADCB, only 0.09 percent comprised accounts with deposits of more than Rs 2.5 lakh.
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Yamanappa cited his account number and sought to know why the amount was not credited. The branch responded on August 30 after a second complaint. By
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The day-to-day operations and crucial decisions relating to resolution of large non-performing assets will be to be taken by newly-appointed chief ope
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Carlyle on Thursday closed its fifth Asia fund at $6.55 billion, exceeding its target of $5 billion and 65% more than its previous fund.
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Senior bankers pointed out that Bank of Maharashtra is being made a scapegoat was clear from the fact that it was not the only bank which has given lo
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India’s exports will rise in 2018-19 spurred by positive global economic outlook, according to Karnataka Bank Managing Director M.S.Mahabaleshwara.
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The Ahmedabad District Cooperative Bank secured deposits of Rs 745.59 cr of the spiked notes in just five days after PM Modi made the demonetisation a
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Current developments point towards a pandemic problem ailing the Indian banking sector, which cannot be resolved with quick-fix solutions.
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Samara plans to use 70% of the proposed fund for buyout or control transactions while the remaining will be used for acquiring significant minority st
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Founded in 2009 by Kapoor and former Sodexo Pass India MD Ravi Saxena, the company sells premium kitchen appliances, cookware and bakeware under the W
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The country, the second largest shareholder in the Beijing-headquartered lender, is already the largest borrower accounting for commitments to the tun
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Kochhar, in fact, went on to question the board's decision to send her on forced leave saying that there has been no such demand from the regulators s
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"Banks will have a creditors agreement among themselves to iron out problems related to consortium banking," Finance Minister said after a meeting wit
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Banks’ funding to NBFCs increased 27% during FY2018, while the banking system credit growth remained muted at 8% for the period.
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The newly formed panel has selected four general managers (GM) of Punjab National Bank and three from Vijaya Bank.
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PNB directive says FIRs should be filed against third parties like advocates, accountants and valuers too, if they have a hand in perpetrating a fraud
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