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Sebi’s move to better regulate market discipline in the issue of AT-1 bonds will lead to informed investment decisions
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The burglars used a gas cutter to open the bank locker, and took away the Digital Video Recorder (DVR) to prevent police from going through the CCTV footage, police said
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During the current financial year, around Rs 16,000 crore worth of pre-approved personal loans (PAPL) have been disbursed to 12.82 lakh customers through Yono, Khara said.
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Geographically speaking, the bank is present in 630 districts, of these, 560 districts have MSMEs.
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About 10 lakh bank employees and officers are to participate in the strike called by the United Forum of Bank Unions, an umbrella body of nine associations and groups.
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The alleged fraud came to light during a forensic auditing.
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Clothes and blankets were distributed to destitute women and those living in an Old-age Home at Rampally in Nacharam
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The presentation evoked positive response from Israeli participants who sounded upbeat on furthering Indo-Israel bilateral trade ties.
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The link associated with the text messages redirects the user to a fake website and on the landing page, the user is asked to submit personal information along with sensitive financial details like card number
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The new rates are based on loan amount and CIBIL score of the borrower, and are available till March 31, 2021, according to a statement.
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Adilabad: Even as investigating officials claimed to have found ‘strong’ evidence, the sensational case of theft of an ATM of State Bank of India (SBI) with cash of Rs 7.46 lakh remains unsolved, even after a fortnight. The theft of the ATM took place at a spot situated at a stone’s throw away distance from […]
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Saloni Narayan, SBI Deputy Managing Director (Retail Business), said the bank was continuously striving to make a meaningful impact on the lives of individuals who are economically, physically and socially challenged
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The lender also said it has waived the processing fee till March for borrowers availing home loans for the bank's approved projects
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With high credit costs continuing to suppress their profitability, the banks' capital buffers will remain insufficient.
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Total income (standalone) also fell marginally to Rs 75,980.65 crore during Q3FY21, as against Rs 76,797.91 crore in the same period of 2019-20, SBI said in a regulatory filing.
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"The bonds will be listed on SGX-ST and India INX. The issuance represented SBI's return to the international public bond markets after a gap of close to 2 years," the statement said.
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Sensex opened at an all-time high of 48,616.66, and the Nifty50 on the National Stock Exchange touched a new record of 14,244.15 points.
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"Banks will focus on cash flow based lending in times to come and this has already been started by SBI," Ajay Vyas, Executive Director, UCO Bank said
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"Banks have been able to raise a lot of money from the markets. About Rs 40,000 crores have been raised by the public sector banks both in the form equity and also AT1 and Tier II bonds.
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The burglars gained entry into the bank by breaking locks and tried to break the cash chest locker.