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    Allahabad Bank reports approximately ₹688 crore fraud by way of SEL Manufacturing

    Allahabad Bank reports approximately ₹688 crore fraud by way of SEL Manufacturing

    New Delhi: State-owned Allahabad Bank on Wednesday stated the bank had been hit via a fraud of ₹688.27 crores by SEL Manufacturing, and the problem is before the NCLT. "We have to inform that a

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    ICICI Bank launches digital banking platform for MSMEs

    ICICI Bank launches digital banking platform for MSMEs

    ICICI Bank announces the release of a brand new virtual platform curated particularly for MSMEs and self-hired clients to enable them to adapt their commercial enterprise banking transactions digitally and immediately. Called ‘InstaBIZ,’ it permits

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    Axis Bank to raise ₹18,000 crore

    Axis Bank to raise ₹18,000 crore

    On Saturday, New Delhi: Private region lender Axis Bank said its board has authorized elevating up to ₹18,000 crores through the trouble of fairness stocks, depository receipts, or convertible securities. The Board of Directors of

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    View: After 50 years of nationalisation, banking area requires important changes beyond enhancing possession

    View: After 50 years of nationalisation, banking area requires important changes beyond enhancing possession

    Of the hundred biggest banks of the world ranked by using general belongings, China claims 18; the USA 11; Japan 8; Britain, France, and South Korea six every; Canada, Germany and Spain 5 each; Australia

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    Invest in banking, economic services and insurance sectors: Kunj Bansal

    Invest in banking, economic services and insurance sectors: Kunj Bansal

    Mumbai: The home fairness marketplace is falling consistent with fundamentals, as income increase is elusive and macroeconomic elements are not supportive either, said Kunj Bansal, Partner & CIO at Sarthi Group. “We can say the

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    The fight over Facebook’s digital forex could alternate the face of banking

    The fight over Facebook’s digital forex could alternate the face of banking

    This week, David Marcus, head of Facebook’s virtual-foreign money venture, faced an onslaught of crucial questions from the United States Congress members. He fielded most of them with calculated and repetitive responses that shed little

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    Why FinTech Companies Keep Launching Their Own Banking Products

    Why FinTech Companies Keep Launching Their Own Banking Products

    While every person ought to buy a Certificate of Deposit (CD) that paid over five% APY just a decade in the past, the common charge for a 12-month CD is now just 0.59%. Worse, the

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    Digital Platforms Are Eating Banking

    Digital Platforms Are Eating Banking

    I requested a room full of bankers lately what they notion after hearing the phrase "platform." The most common responses had been "online banking," "cellular banking," and "lending." One guy stated, "footwear." Very humorous, Mr.

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    ICICI Bank launches digital banking platform ‘InstaBIZ’ for MSMEs

    ICICI Bank launches digital banking platform ‘InstaBIZ’ for MSMEs

    ICICI Bank introduced a new virtual platform, ‘InstaBIZ,’ curated for MSMEs and self-employed clients to permit them to adopt their commercial enterprise banking transactions digitally and right away. InstaBIZ allows clients to avail themselves of

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    ‘I’m an outsider’: Why Raghuram Rajan didn’t observe for top task at Bank of England

    ‘I’m an outsider’: Why Raghuram Rajan didn’t observe for top task at Bank of England

    Former Reserve Bank of India governor Raghuram Rajan has indicated the political challenges posed by Brexit were the reasons he didn’t follow to head up the Bank of England. In an interview with the BBC,

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