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It is widely expected that RBI is going to cut its benchmark lending rate in its bi-monthly monetary policy review on October 4.Rushing to meet the RBIdeadline of October 1, many public sector lenders like Canara and Corporation Bank…

Driven by digital initiatives, the share of private banks in FDs has gone up from 22% in March 2017 to 29% in March 2019. For Q4FY19, it witnessed 100% y-o-y growth in its digitally booked FDs.Axis Bank, India’s third-largest private…

In view of trading during the UPSI period, Mariwala had allegedly violated Prohibition of Insider Trading Regulations.Markets regulator Sebi has settled an alleged insider trading case with an individual in Sabero Organics Ltd matter on…

Six years ago, Walgreens announced a merger with Boots and told investors that it would make at least $9 billion in profit in 2016. The SEC says the company knew that number was a fantasy. Walgreens' former CEO Greg Wasson…

Companies in the front line of the trade war between the United States and China are anxious about what comes next. Executives at a World Economic Forum event in the northern Chinese city of Tianjin have been digesting the…

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NEW YORK (Reuters) - The interest rate on U.S. overnight repurchase agreements jumped on Monday as banks and Wall Street are scrambling to fund their loans and trades at the end of the third quarter and before the Federal Reserve’s…

Post GST, tax rates on intermediary services have gone up significantly, thereby eating into the margins of SMEs. (Representational image)By Abhishek A Rastogi and Pratyushprava SahaTrade, Imports, Exports for MSMEs: Small and medium…

With an interest rate of 6%, the bank’s savings deposits have grown at a compounded 38-40% over the last seven years.India’s most prestigious financial sector awards — FE Best Banks awards — will be presented in the country’s financial…

The investors would get a 3 per cent discount over the issue priceThe government will launch fourth tranche of Bharat-22 ETF on October 3, which will help garner up to Rs 8,000 crore from investors, sources said. They added that the…