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Latest Articles in Banking

HDFC Bank Third-quarter Profit Up 15 Per Cent, Beats Estimates

HDFC Bank Ltd, India's third-biggest lender by assets, on Tuesday reported a 15 per cent rise in third-quarter net profit, above analyst estimates, due to higher interest and fee income

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No Records Of Fake Currency Deposited In Banks, Says RBI

There is no record available of the fake currency which has been detected in the demonetised notes deposited in banks, Reserve Bank of India has said

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SBI Eyes Up To $1.5 Billion Capital Raising Next Fiscal Year

'We do plan to raise some capital. However, this is also dependent on the fact that there is a merger that we are planning to do,' says SBI chief Arundhati Bhattacharya

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Govt Pressed Ahead With Banknote Ban Despite RBI Concerns

The RBI's endorsement of the government action has drawn strong criticism from several former policymakers

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RBI Working On Plan To Reduce Costs Of Digital Payments

The Reserve Bank of India is working on a plan to reduce online transaction costs as it tries to encourage more digital banking, two parliamentary panel members quoted central bank governor Urjit Patel as saying on Friday

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Axis Bank Q3 Net Dips 73 Per Cent To Rs 580 Crore On Bad Loan Woes

The bank's deputy managing director and chief financial officer Jairam Sridharan said the non-watchlist stress emanated from over five year-old loans in the iron and steel, infrastructure and construction sectors

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In First Address, Urjit Patel Asks Staff To Guard RBI Reputation

RBI Governor Urjit Patel has told colleagues that any effort to belittle the reputation of the central bank deserves 'zero tolerance' and asked them to guard the integrity of the institution

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Reserve Bank Pumped In Rs 9.2 Trillion Worth Of New Notes So Far

The Reserve Bank of India has injected Rs 9.2 trillion worth of new currency notes into the banking system to help replace the notes banned in November, a parliamentary source quoted central bank governor Urjit Patel as saying on Wednesday

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Increase In ATM Withdrawal Limit An Eyewash: Mamata

The Reserve Bank today doubled the daily ATM withdrawal limit to Rs 10,000 but retained the weekly ceiling at Rs 24,000

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Reserve Bank Relaxes Cash Withdrawal Limit With Immediate Effect

The Reserve Bank of India on Monday relaxed cash withdrawal limits from automated teller machines and current accounts with immediate effect

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BW Real 500: Catching Up Fast

Bank of baroda is setting up processes to cut back on credit turnaround & make itself digitally future-ready

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BW Real 500: Reducing Stress

The Punjab National Bank is working aggressively to resolve its NPA situation and improve its quality of assets

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BW Real 500: Innovate, Implement

Ranked 6th in the previous year, the bank has moved up to the 3rd position in this year’s financial companies ranking

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