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Finance

RBI imposes Rs 44 lakh penalty on 4 co-operative banks for violation

The Reserve Bank has imposed penalties totalling Rs 44 lakh on four cooperative banks, including a Rs 16 lakh penalty on Chennai-based The...

After debt resolution, Essar Oil lines up Rs 1,200-crore capex

Essar Group bets $3.6 billion on decarbonisation in India and UKWhat is credit score? Why is it important?Analysts see pressure on RIL, OMC's...

AU Small Finance Bank reports net profit of Rs 425 crore in Q4

What is a small modular nuclear reactor?Nuclear power: All that you need to know about small modular reactorsFinance Ministry sharply raises small savings...

AU Small Finance Bank reports highest quarterly profit of Rs 425 cr in Q4

AU Small Finance Bank on Tuesday reported its highest ever quarterly profit of Rs 425 crore in March quarter, up 23 per cent...

Yield at state govt bonds auction eases by 16 bps; 4 states raise Rs 6K cr

Banks tier II bond issuance surges 3.5 times in FY23, shows dataTreasury yield curve inverts: What it means and what does it signal?Buoyed...

Credit Suisse’s net asset outflows topped $68 billion in first quarter

Ailing Swiss bank Credit Suisse on Monday reported over 61 billion Swiss francs (over USD 68 billion) in net asset outflows in the...

How much you need to pay to get higher EPS pension? New circular clarifies

EPFO's new guidelines: How can employees opt for higher pension under EPS?How to check pension status on EPFO portal: Here's a step-by-step guideExplainer:...

Asian Development Bank operations reach $20.5 bn in 2022: Report

The Asian Development Bank (ADB) committed $20.5 billion from its resources last year to help Asia and the Pacific continue its recovery from...

Citi India plans to launch sustainability-linked deposits in coming days

Axis Bank-Citi deal: Synergies seen FY25 onwards on deposit, AUM attritionIn a U-turn, outstanding NRI deposits rise in October, shows RBI dataBanks likely...

Credit Suisse saw $69 billion of outflows before UBS takeover

By Marion Halftermeyer Credit Suisse Group AG reported 61.2 billion francs ($69 billion) of outflows in the first quarter and took a large writedown...

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