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Last October, the Insurance Regulatory and Development Authority of India (IRDAI) had penalised Axis Bank Rs 2 crore for the share transactions which was done mainly to get excess remuneration as corporate agent of Max Life than permissible under the rules.
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Axis Bank will not impose any penalty on customers for non-maintenance of minimum balance in their accounts. Additionally, the third largest private sector bank in India will waive off all domestic charges, including debit card and ATM charges.
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Mishra is an alumnus of IIT Kanpur. J. Satyanarayana served as the part-time chairperson of UIDAI, with his tenure spanning from July 12, 2016, to April 15, 2019.
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he bank heist took place at Teenpulwa Chowk in Lalganj block of Patna
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To initiate the loan application, customers will need to provide basic details such as PAN (Permanent Account Number), date of birth, and work details.
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Rallying for the fifth straight session, the 30-share BSE Sensex jumped 274 points or 0.42 per cent to settle at its all-time closing high of 65,479.05 on Tuesday
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Mumbai: The Indian equities markets witnessed volatile trading with negative bias on Tuesday with benchmark Sensex slumping around 1000 points just after opening and briefly trading into positive terrain. After losing 1545.67 points or 2.62 per cent on Monday, the 30 stock S&P BSE Sensex of the Bombay Stock Exchange opened the trade in the […]
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Hyderabad: Having a credit card gives one the financial freedom to make purchases as and when required. While it does make our purchases easier, it also has the double whammy of pushing a person into a debt trap if the payment is not made on time. And in case the payment gets delayed then the […]
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In addition, Vinod Nair, Head of Research at Geojit Financial Services said the upcoming week will be driven by global sentiments.
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Besides these five banks, Bajaj Finserve and SBI Card may face problems as they were also issuing cards of this payment gateway
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The bank aims to transition 70 per cent of its infrastructure and applications to the cloud in the next two years
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The fintech company has already facilitated disbursals of over Rs 1,600 crore to more than 2 lakh merchants since the launch of the lending vertical.
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Total income increased to Rs 21,028.45 crore in the latest quarter from Rs 20,786.23 crore in the same period a year ago.
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Similarly, the broader NSE Nifty rose 115.35 points or 0.77 per cent to 15,097.35.
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The year also saw nine other deals value over $1 billion each, it said, adding that the top deals accounted for nearly two-thirds of the overall activity.
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After touching a record intra-day high of 50,526.39, the 30-share BSE benchmark ended at 50,255.75, up 458.03 points or 0.92 per cent.
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The new feature will be applicable on all new fixed deposits and recurring deposits. For new deposits booked for a tenure above 2 years
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The partnership will allow customers to view process and avail auto loan sanction directly on Hyundai's CTB platform, a company statement said.
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Around 10.15 a.m., Sensex was trading at 47,986.84, lower by 189.96 points or 0.39 per cent from its previous close of 48,176.80.
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The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.