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Articles for Banking & Finance

Financial Market Reforms Aimed At Providing Strong Bedrock For Markets: RBI’s Das

Governor Das lauded the positive response to regulatory measures, noting the widening participation base across various segments

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Bajaj Finance Hikes FD Rates For Most Of The Tenures; Highest Rate Continues At 8.85%

FD rate for senior citizens is the highest at 8.85% for 42-month tenure

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ICICI Bank Extends Rs 2,675 Cr Debt Facility To Tata Steel: Report

The report further stated that documents filed with the National Securities Depository revealed that Tata Steel has raised Rs 2,700 crore through unsecured fixed-rate bonds at an interest rate of 7.79 per cent

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Aditya Birla Group’s Birla Pivot Crosses Rs 1000 Cr Revenue In FY24

Offering a wide array of products across 35 categories and over 18,000 SKUs sourced from 150+ Indian and international brands, Birla Pivot covers essential construction materials such as cement, steel, plywood, sanitaryware and tiles

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Muthoot Microfin Reports Highest Annual Loan Disbursement In FY24, AUM Rises 32% YoY In Q4

Muthoot Microfin reported its highest annual loan disbursement during FY24 at Rs 10,662 crore

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SBI Initiates Incognito Visits To Monitor Branch Customer Service

Traditionally, RBI officials have conducted such covert visits to assess customer service levels across banks

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Bandhan Bank Faces 40% Price Target Reduction From Jefferies Amid CEO Resignation

The sudden departure of the founder-CEO, despite the board's approval for a three-year reappointment pending RBI approval, came as a negative surprise to Jefferies

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Expect Series Of Repo Rate Cuts Starting October: SBI Research

RBI keepd the policy repo rate unchanged at 6.50 per cent, the seventh time in a row.

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