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Rupee appreciates 18 paise to 81.93 against US dollar in early trade

The rupee gained 18 paise to 81.93 against the US dollar in early trade on Thursday tracking the broad weakness of the American...

UBS Group weighs retaining Credit Suisse’s private banking unit in India

UBS takes over Credit Suisse: Everything you need to know about the crisisUBS in talks to buy embattled Swiss rival Credit Suisse, says...

RBI permits Karnataka Bank to collect direct, indirect taxes for CBDT, CBIC

The Reserve Bank of India has authorised private sector lender Karnataka Bank to collect direct and indirect taxes on behalf of CBDT and...

Bank of India plans to raise Rs 6,500 crore in FY24 to fund its growth

State-run lender Bank of India (BoI) will seek approval from its board to raise Rs 6,500 crore capital in the current financial year...

Bajaj Finance raises Rs 1,955 crore through medium term bonds

Banks tier II bond issuance surges 3.5 times in FY23, shows dataBajaj Finance net profit jumps 40% in Q3 to Rs 2,973 crore;...

RBI okays re-appointment of Sanjay Agarwal as MD of AU Small Finance Bank

Reserve Bank of India has approved re-appointment of Sanjay Agarwal as managing director and CEO of AU Small Finance Bank for a period...

Reserve Bank of India proposes threshold for penal charges on loans

The Reserve Bank of India (RBI) has announced draft norms on penal charges levied by banks and non-banking finance companies (NBFCs) on loan...

Irdai chief urges insurers to increase their capital for faster growth

Existing insurance companies should go to their boards and augment their capital base so that they can focus on growing at a faster...

Canara Bank, Bharat BillPay tie up for cross border bill payments in Oman

Canara Bank and NPCI Bharat BillPay Ltd (NBBL) have announced the launch of cross-border inward bill payment services for Indians based in Oman. NRIs...

IBA reaching out to start-ups for funding needs, says DPIIT official

Why are Indian start-ups facing such a severe funding winter?Govt-recognised startups eligible for angel tax exemption: DPIIT SecyHow can you protect your bank...

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