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Banking News

Rs 9 Crore Penalty on Bank of Baroda Under Anti Money Laundering

The Financial Intelligence Unit (FIU) has slapped Rs 9 crore penalty on Bank of Baroda for not adhering the anti-money laundering norms...

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Banking News

RBI Holds Rs 2.2 Crore Bonus of ICICI Bank’s Chief Chanda Kochhar

Reserve Bank of India (RBI) has held the bonuses to the heads of top private banks i.e. Axis Bank, HDFC Bank & ICICI...

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Banking News

Private Bankers Can be Charged Under Anti-Corruption Law

The Supreme court held that top officers of private banks could be treated on par with public servants under the Prevention of...

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Banking News

Reliance Jio Payment Bank Started Operations

Jio Payment Banks begin operations in India - The Reserve Bank of India (RBI) has informed that the Jio Payments Bank has...

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Banking News

CBI Charges Former Canara Bank MD & CEO

The Central Bureau of Investigation (CBI) filed charges against former chairman and managing director R K Dubey over allegations of  providing about...

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Banking News

CGTMSE To Cover Retail Trades & Collateral Loans also

CGTMSE Coverage extended to Retail Trade & Collateral Loans also - Now Retail Trades & partial collateral loans may be covered under Credit...

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Banking News

Rs 20 Lakh Gratuity Payment Bill Passed in Lok Sabha

The Payment of Gratuity Amendment Bill and The Specific Relief Amendment Bill passes in Lok Sabha under chaos. The Gratuity bill be...

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Banking News

RBI Governor Pitches for Public Sector Bank’s Privatization

Post PNB Fraud, a lot of fuss for privatizing PSB's by many industrialists, CEO's of various companies, bureaucrats; it times for RBI...

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