Personal finance

Shares of the bank were trading at Rs 11.30 apiece on the BSE. (Reuters)Indian Overseas Bankon Friday said the government has increased its authorised capital by Rs 10,000 crore to Rs 25,000 crore. The Centre after consultation with the…
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Debt restructuring could be considered as an early sign of a winding down of the credit crisis.Religare Finvest Ltd., an Indian financier sanctioned by the nation’s central bank, is “hopeful” of revamping 58.5 billion rupees ($815…
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A loan can also be availed between Rs 50 crore to Rs 400 crore by the builders fulfilling diligence by the SBI.SBI’s latest home loan scheme offering insurance to homebuyers against delivery delay will not only provide more comfort to…
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The bank said there are over 30 lakh institutions, which is an addressable opportunity. (Image: Reuters)With an aim to grow institutional business, India’s largest private sector lender HDFC Bankon Thursday launched a value-added…
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According to NSO data released Tuesday, India’s GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal, mainly due to poor showing by manufacturing and construction sectors.The banking sector is going to see…
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Banking services like cash withdrawal and deposits were affected at several bank branches where employees did not turn up for work and instead chose to sit outside on protest.Banking services in most parts of the country were paralysed…
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An estimated number of 25 crore people have taken part in this strike putting India’s financial system on hold.Banking services took a hit on Wednesday as employees of all banks as well as of 10 central unions went on a pan India strike…
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ank of Baroda expects severe loss to banking services tomorrow.Services at several bank branches and ATMs are expected to remain down on 8 January 2020 as thousands of bank employees have threatened to sit for a strike. The protest call…
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Banking services like deposit and withdrawal, cheque clearing and instrument issuance are expected to be impacted due to the strike. (Reuters)Banking services at public sector banks are likely to be hit on Wednesday due to a nationwide…
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The bank crossed Rs 5 lakh crore total business mark at the end of December 31, 2019.State-owned Syndicate Bankon Monday said it has crossed Rs 5 lakh crore business target three months ahead of its schedule.The bank crossed Rs 5 lakh…
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