Conducted by the London branch of SBI, the bond sale received robust demand, with global investors submitting bids totaling USD 3.5 billion
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Presently, the bank's mobile application serves more than 32 million customers
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The electronic Bank Guarantees system replaces the traditional paper-based process for trade finance, resulting in a significant reduction in the turnaround time for issuing a Bank Guarantee
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On a global scale, total deposits increased by 8.66 per cent, reaching Rs 7.10 lakh crore compared to Rs 6.53 lakh crore in the corresponding quarter of the previous year
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The decision to downsize comes amidst BlackRock's broader strategy to optimise its operations, with expectations of achieving a larger overall headcount by the conclusion of 2024
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According to S Ramesh, Kotak Investment Banking's Managing Director and CEO, corporates are exploring various capital-raising avenues given the conducive environment, with options spanning private capital, REITs, InVITs or even QIPs
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The GDP growth forecast, unaltered since June last year, indicates a gradual recovery with an anticipated increase to 6.4 per cent in FY25 and 6.5 per cent in FY26
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India's total imports and exports declined by 8 per cent and 5 per cent respectively, between January and November 2023 compared to the same period in the previous year
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