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Paytm get final nod to launch Payment Bank

Digital payment and commerce company Paytm has received the final nod from the Reserve Bank of India and is set to launch Paytm Payments...

HDFC Life inks distribution tie-up with Catholic Syrian Bank

HDFC Life has entered into a bancassurance tie-up with Catholic Syrian Bank to distribute its individual life insurance products to the private lender’s customers....

RBI puts restriction on Uco Bank’s business

Reserve Bank of India has put restriction on Kolkata based PSU UCO Bank’s lending and branch expansion plans as the state-run lender made net...

SBI revises service charges; to charge ATM withdrawals at Rs. 25

State Bank of India (SBI) has announced another revision in service charges with effect from June 1, 2017. All cash withdrawals through ATM will...

Dena Bank classifies Videocon loan as ‘bad’

Dena Bank has become the first lender to classify Videocon Industries as a bad loan. With the default on payments, Dena Bank has declared...

The promulgation of the Banking Regulation (Amendment) Ordinance, 2017

The promulgation of the Banking Regulation (Amendment) Ordinance, 2017 inserting two new Sections (viz. 35AA and 35AB) after Section 35A of the Banking Regulation...

Know About: The NABARD (Amendment) Bill, 2017

The National Bank for Agriculture and Rural Development (Amendment) Bill, 2017 Minister of Finance, Mr. Arun Jaitley in Lok Sabha on April 5, 2017. The...

Yes Bank ties up with Paisabazaar.com

Private sector lender Yes Bank announced the alliance with Paisabazaar.com under which the bank will offer conditionally approved loans to the latter’s existing customers. As...

SBI, CREDAI ink MoU for concessional loan for housing projects

State Bank of India and real estate developers’ body CREDAI (Confederation of Real Estate Developers' Associations of India) have signed a memorandum of understanding (MoU) to...

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