Further, a fine of Rs 1 crore has been imposed on Punjab and Sind Bank for non-compliance
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The company defaults on its Rs 1.97 crore dues, leading the operational creditor to approach the tribunal in September last year
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The bank plans to reduce its global workforce of 239,000 by 20,000, roughly 8 per cent of its staff, by 2026 as part of a comprehensive reorganisation, according to Chief Financial Officer Mark Mason
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Currently, the scheme is available through the branch network, and it will soon be made available through other digital channels such as YONO and Internet Banking Services (INB), the state-owned bank said in a release
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Patra has served in various capacities in the Reserve Bank of India which he joined in 1985 and is in charge of the monetary policy department and a member of the key interest rate-setting 6-member panel
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A fine of Rs 29.55 lakh, Rs 6 lakh, and Rs 1 crore, respectively, has been slapped against these three banks, statements from the central bank said on Friday
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The scheme is among the oldest ETF offering from ICICI Prudential AMC
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The insurer's profit after tax rises to Rs 365 crore (USD 44.02 million) for the three months ended 31 December from Rs 315 crore a year earlier
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