Non-public sector life insurer ICICI Prudential Life Insurance coverage on Thursday mentioned its board of administrators has accredited the appointment of Anup Bagchi, presently government director of ICICI Financial institution,…
Finance News
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Finance News
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Finance News
No systemic threat to monetary system from latest occasions: Uday Kotak
by Piaworldby PiaworldKotak Mahindra Financial institution CEO Uday Kotak on Sunday stated he doesn’t see any systemic threat to the monetary system but it surely’s time to strengthen Indian underwriting and capability…
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Finance News
India stack and lending reforms enablers within the evolving fintech story: Siddharth Parekh
by Piaworldby PiaworldThe FE Fintech Summit 2023 that simply concluded in Mumbai noticed the approaching collectively of a few of most interesting minds swapping concepts and brainstorming on the varied parts shaping…
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Finance News
PNB makes Optimistic Pay System obligatory for cheque funds price Rs 5 lakh and above
by Piaworldby PiaworldIn a transfer to safeguard clients from fraudulent cost of cheques, state-owned Punjab Nationwide Financial institution (PNB) has made the Optimistic Pay System (PPS) obligatory for cheque funds price Rs…
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Finance News
SC notices on pleas of RBI, others in opposition to HC order quashing Sure Financial institution administrator’s choice to jot down off AT-1 bonds
by Piaworldby PiaworldThe Supreme Court docket on Friday issued notices to Axis Trustee Providers Ltd on a batch of appeals filed by the Reserve Financial institution of India (RBI) and others difficult…
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Bharti-backed satellite tv for pc communications firm OneWeb will launch 36 satellites with Indian House Analysis Organisation (Isro) on March 26 from the Satish Dhawan House Centre in Sriharikota by…
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Finance News
Financial institution of Maharashtra to lift Rs 1,000 crore through QIP route
by Piaworldby PiaworldFinancial institution of Maharashtra is all set to lift Rs 1,000 crore via a professional establishments placement (QIP) challenge together with a greenshoe choice of Rs 500 crore, stated public…
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Latest troubles at Credit score Suisse Group might be somewhat extra related from an Indian perspective than the meltdown at Silicon Valley Financial institution, as it’s the 12th largest international financial…
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Finance News
Axis Citi purchase will result in one-time loss in This autumn: Analysts
by Piaworldby PiaworldAcquisition of Citibank India’s retail enterprise will result in a one-time loss for Axis Financial institution within the fourth quarter, analysts stated. Nonetheless, the core profitability of the buying financial…
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Though the restoration in capital funding will in all probability be considerably deterred because of the world financial slowdown, India’s non-public sector could also be preparing for stepping up funding…