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Articles for Banking & Finance

Allahabad Bank Eyes Rs 270 Cr Capital From Staff Share Offer

City-based Allahabad Bank is aiming to raise Rs 250-270 crore from the employee share offer which started from January 31, 2018, a top official of the bank has said.

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Union Budget 2018: FM Arun Jaitley’s Six Key Personal Finance Moves

Arun Jaitley, in Union Budget 2018, has announced exemption of fixed deposit income of up to Rs 50,000 for senior citizens

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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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Bitcoin - An 'Untethering' In The Offing?

In the presence of significant headwinds, the cryptocurrency seems to be making lower highs and lower lows since the start of the year. The trend could continue

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Before You Invest, Here Are 5 Things To Know About ELSS Mutual Funds

Make sure the money you commit to your ELSS Mutual Funds are not going to be needed in the next three years

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5 Reasons To Not Use Traditional Life Insurance Plans To Save Taxes This Year

Don't go for traditional or non-linked Life Insurance plans to save taxes. Use term plans to build out a significant death benefit, and ELSS Mutual Funds to fill in your Section 80C gap. Within the Life Insurance space, ULIP's are a far better long term bet compared to traditional policies

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HDFC Securities Launches Daily SIP

The customers can start with a minimum amount of Rs 500 and keep increasing it subsequently

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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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