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Sunday, July 26, 2020

Banking

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SAVE Solutions is a business correspondent for State Bank of India, Bank of India and Bank of Baroda and intends to use this capital to expa...

Centre to convert ravines of Chambal region into arable land with World Bank support: Tomar

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He further said the project will not only help in improving agricultural development and environment but will also create employment opportu...

Danish company Maj Invest buys 18% equity in SAVE Solutions for Rs 120 crore

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SAVE Solutions is a business correspondent for State Bank of India, Bank of India and Bank of Baroda and intends to use this capital to expa...

Cabinet secy-led panel to select candidate for RBI deputy governor post on August 7

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A search panel headed by the cabinet secretary is scheduled to interview shortlisted candidates on August 7 for the post of RBI deputy gover...

Special insolvency resolution framework for MSMEs at advanced stage: IBBI chief

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​Amid the coronavirus pandemic that has also significantly impacted economic activities, the government has already suspended certain provis...

Former central banker Viral Acharya cautions India against deficit financing

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“Such risk has materialized unexpectedly at least once a decade over the past 30 years with several minor hiccups in between. History tells ...

403 infrastructure projects show cost overruns of Rs 4.05 lakh crore owing to delays

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"Total original cost of implementation of the 1,686 projects was Rs 20,66,771.94 crore and their anticipated completion cost is likely ...
Saturday, July 25, 2020

Indian Bank trims interest rate on gold loans for farmers to seven per cent

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The state-owned lender has reduced interest rate on its short-term gold loan scheme -- Bumper Agri Jewel. Earlier, interest rate on the prod...

ICICI Bank Q1 net profit jumps 36% to Rs 2,599 crore

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Private lender ICICI Bank on Saturday reported a net profit of Rs 2,599 crore in the June quarter, up 36 per cent (year-on-year) from Rs 1,9...