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Latest Articles in Banking Finance

Rana Kapoor, MD & CEO, YES BANK, Recognized By Advertising Agencies Association of India (AAAI) As An Outstanding Indian Brand Builder

Mr. Rana Kapoor, MD & CEO, YES BANK, India’s 4th largest private sector Bank was recognized by Advertising Agencies Association of India (AAAI) as an Outstanding Contributor to the Media and Communication Industry and Indian Brand Builder at the13th edition of Goafest 2018.

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5 Ways To Be A Great Saver

Here are five thing you could do to make sure you're a better saver than most

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Axis Bank's CEO Shikha Sharma's Tenure Curtailed, To Step Down As Axis Bank Chief On Dec 31

The Axis Bank board has curtailed the fourth term of its CEO and Managing Director Shikha Sharma to seven months following an unusual request from her that she be relieved on December 2018, 29 months ahead of the scheduled term.

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RBI Asks All Payment System Operators To Store Data In India

All payment system operators in the country will henceforth be required to store data within India to ensure safety and security of users' information, the RBI said today.

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RBI Drops Axis Bank From List Of Bullion Importers

The removal from the import list is a new blow for Axis, which has faced increased regulatory scrutiny in the last few months because of bad loans

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ICICI Controversy: Now an Avista connection? Just a rumour!

ICICI Bank’s CEO Chanda Kochhar's controversy over the alleged conflict of interest in its loans has reportedly seen many regulators probing the matter. ICICI Bank on its part has denied the probes in an email note sent to the exchanges.

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ICICI Bank Board Meets; Clears Redemption Of 350 Unlisted Preference Shares

Private sector ICICI Bank board today approved redemption of 350 unlisted preference shares of Rs 1 crore each and decided to reclassify all kinds authorised share capital into equity.

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ICICI Bank Shares Tumble On Probe Reports, RBI Fine

ICICI Bank's shares were down 6.3 percent at 260.75 rupees as of 0541 GMT after declining to 258.80 rupees, their lowest since late October

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Government Leaves Small Savings Rates Unchanged

Small Savings Scheme interest rates have witnessed a precipitous drop since 2013

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Bond Markets get a breather – what should debt fund investors do now?

Fixed Income investors should consider building a 25% to 40% exposure to higher maturity debt funds at this stage, but in a staggered manner using weekly or fortnightly STP’s and over the course of 4-6 months

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Six Things To Do In The New Financial Year

Looking for investing in a tax saving instrument, but without investing into equities at this stage?

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Fishy Loans: CBI Registers 3 FIRs In Rs 743 Crore NPA In IDBI Bank

It is alleged that the loans were issued without proper loan documents, without conducting pre-sanction and post sanction inspections and without ascertaining the end use of the loan

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RBI Imposes Rs 59 Cr Fine On ICICI Bank For Violating Securities Sale Norms

"The Reserve Bank of India (RBI) has imposed through an order dated March 26, 2018, a monetary penalty of Rs 589 million on ICICI Bank Limited for non-compliance with directions issued on direct sale of securities from its HTM (held-to-maturity) portfolio and specified disclosure in this regard," stated Central Bank

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