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Articles for Banking & Finance

IDFC First Bank Reduces Credit Card Benefits: Implications For Cardholders

Effective from 1 May 2024, the revisions include cuts to reward points for online spending, stricter criteria for airport lounge access and updates to terms for utility and rent payments made through the bank's cards

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HDFC Bank Boosts Banking Rally With Strong Q4 Business Update; Retail Loans Double YoY

HDFC Bank revealed that its gross advances reached Rs 25.08 lakh crore, marking a remarkable 55.4 per cent increase from the same period last year, according to a regulatory filing on 3 April

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Financial Institutions Witness Double-Digit Growth In Q4 FY24 Disbursements

Federal Bank, Yes Bank, L&T Finance and Suryoday SFB Record Impressive Advances and Deposits

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Union Bank Of India Secures $500 Mn From Foreign Markets For Global Expansion

Union Bank of India stated in a regulatory filing that the funding was organised by the Dubai Branch of the Dubai International Financial Centre (DIFC)

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Punjab & Sind Bank Names Arnab Goswami As CFO

Arnab Goswamy, a Chartered Accountant and Cost Accountant, brings extensive experience from his tenure at Indusind Bank, ICICI Bank and most recently, Bandhan Bank where he served as Vice President

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Poonawala Fincorp Reports Highest Ever Disbursements Of Rs 9,680 Cr In Q4

This figure represents a significant 52 per cent year-on-year increase and an 11 per cent quarter-on-quarter surge compared to the previous year's figures of Rs 6,371 crore in Q4FY23 and Rs 8,731 crore in Q3FY24, respectively

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Rate Cuts Not Expected In MPC Meeting Despite Improvement: Experts

Due to a decline in inflation and the need to support economic growth, many experts are anticipating a possible shift in the MPC's stance towards neutrality in rates.

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Delhi HC Postpones Hearing On Swamy's Axis Bank-Max Life Plea To 24 April

Axis Bank and Max Life Insurance informed the court that the case is under consideration by Sebi, which holds the jurisdiction to address such conflicts

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