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Articles for Banking & Finance

IndusInd Bank Secures $200 Million Loan From ADB For Microlending

This will help the bank to expand its efforts to finance underserved people of the country in less developed states

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NPAs To Touch 10.5% By March As Banks Recognise Entire Stress

The agency said it estimates the total amount of stressed loans, which includes NPAs and standard assets that are under pressure currently and could deteriorate into NPAs, to be at Rs 11.5 trillion or 14 per cent of the system

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HDFC Bank Is India’s Most Valuable Brand: Brandz India Top 50 2017

At the occasion of The BrandZ Top 50 Most Valuable Indian Brands 2017, HDFC Bank bags rank #1. With a value of $17,965 million in the current year and a 24 per cent increase since 2013, the bank remains on top of the charts

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3 Misleading Life Insurance Marketing Communications That Are Doing The Rounds

Here's a compilation of the top three most misleading insurance marketing communications that are doing the round these days. As they say in Life Insurance parlance - "Caveat Emptor" or "Let the Buyer Beware!"

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Mutual Funds Log Rs 62,000 Crore Inflows In August

Bajaj Capital CEO Rahul Parikh said that Indian investors have now eventually assimilated mutual funds and the credit goes to awareness programmes and endeavours by regulators and asset management companies

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Should Defence Personnel Commute Their Pensions?

Here's an end note 'formula' to simplify your decision. If you do not plan to draw upon your commuted pension and can invest it for the next 14 years (barring the odd withdrawal here and there), commute it

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RBI Not Comfortable With Non-fiat Cryptocurrencies: Sudarshan Sen

The fiat cryptocurrency is a digital currency which will be issued by the Reserve Bank of India (RBI) in place of the physical one at present, he said, adding that the central bank is studying this aspect at present

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Centre Hikes DA To 5% For 1.1 Crore Employees, Pensioners

Release of additional installment of DA is an increase of 1 per cent over the existing rate of 4 per cent of the basic pay/pension, to compensate for price rise

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