This was mainly due to the mega-merger of HDFC Bank and HDFC worth USD 40 billion witnessed in April 2022, however, barring this deal, April 2023 still witnessed a 24 per cent decline in deal values
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The board declared a dividend of Rs 11.30 per equity share which is 1130 per cent for the financial year ending March 2023 with a fixed payment date as on 14 June 2023
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Overnight rates are a good indicator of short-term interest rate movements in the broader economy and lead to a domino effect on various economic indicators such as employment and inflation
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BoB's earned interest stood at Rs 25,857 crore in Q4 FY23, year-on-year (YoY), compared to Rs 18,174 crore in the corresponding period last year and subsequently announced a dividend of Rs 5.5 per share
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Retailers prefer to go the digital way, with UPI being their first choice due to the ease of transaction for a customer, and the speed of receiving payment for the retailer
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The case, initially investigated by the Central Bureau of Investigation (CBI), involves loans acquired from 24 different banks
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The captioned NFO opens on 19 May, 2023, and closes on 2 June, 2023
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Out of the total amount of Rs 3,660 crore, Rs 2,696 crore will be payable to policies in this financial year, as a bonus on maturing policies or as cash bonuses
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