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Latest Articles in banking

PSU Bank Privatization: Do It While You Can

While many are trying to convince the government that they sell stake in these banks, the bigger question really is this - will there be any buyer at all

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5 Types Of Mutual Fund Schemes To Consider Right Now

FMP's eliminate interest rate risk by holding their portfolio bonds t maturity, so they would serve as an ideal foil to more rate sensitive long-term debt funds, should you choose to invest into them

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PNB Adopts Strict SWIFT Controls After Mega Fraud Case

The new measures mean only PNB officers will be able to initiate messages on SWIFT, taking away the authority of clerks to do so

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Banking In 2018

2018-19 will be a year in which the banking system will have to get back on its feet despite all the aches and pains while the doctors (government and regulators) take a call on the structures that will be maintained

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State-run Banks Will Need More Capital: Uday Kotak

Kotak spoke to Clifford Alvarez on the state of the economy and banking and his franchise

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CBI Closes PNB Branch At Heart Of Fraud

Including direct loans given to companies of Modi and Choksi, Indian banks are at the risk of taking a hit of more than $3 billion after the fraud

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Banking In A Fintech World

Banks need to find new ways to keep the value intact for their customers through convenience, distribution strength, understanding of segment, service or bringing value through partners

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RBI Keeps Repo Rate On Hold: Expert Views

All but two of 60 economists in a Reuters poll predicted the repo rate would be kept on hold at its lowest level since November 2010

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RBI Keeps Repo Rate At 6.00%, Stance As 'Neutral'

Five members of the monetary policy committee voted to keep rates unchanged, with one member, Michael Patra, voting for a 25 basis points hike

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RBI Seen Holding Rates, Talking Tough On Inflation

The central bank has already been warning that inflation would return, ending a period of historically low levels that let it cut the repo rate by 2 percentage points to the current 6.0 percent over the past two years

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Re-invigorating Inclusive Growth With 'All In' Budget

The fiscal strategy appears to be channelizing spending to sectors that have the potential to maximize backward and forward linkages in the economy through capacity enhancement and job creation

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Government To Infuse Over Rs 88K Cr In 20 Public Banks

The unprecedented Rs 2.1 lakh crore bank recapitalisation plan announced in October last year was to be spread over two financial years -- 2017-18 and 2018-19

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Axis Bank Q3 Profit Rises 25%, But Lags Estimate

Net profit rose to Rs 7.26 billion ($113.86 million) for the quarter ended December, from Rs 5.80 billion a year ago

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