Dy supervisor at Mumbai financial institution killed by ‘debt-ridden’ ex-staffer in theft bid

A deputy supervisor with the ICICI Financial institution’s Virar (East) department was killed and a cashier grievously injured by a former supervisor of the financial institution who tried to flee with gold ornaments value Rs 3.38 crore from the financial institution’s locker Thursday evening, police stated. The accused, Anil Dubey, 35, had labored on the … Read more

SBI waives off processing charge on dwelling loans until 31 August

The State Financial institution of India (SBI) immediately introduced Monsoon Dhamaka Supply with a 100 per cent waiver on processing charges on dwelling loans. This can be a important discount from the present processing charges of 0.40 per cent. A house mortgage buyer stands to achieve considerably by means of this restricted interval supply. The … Read more

HDFC Financial institution permits cardless money withdrawals. Here is tips on how to use

HDFC Financial institution clients can now avail the brand new facility to withdraw money from ATMs with out utilizing debit playing cards. “Forgot your ATM card? Don’t fear HDFC Financial institution Cardless Money is #DigitallyYours with 24X7 providers to withdraw money in any respect HDFC Financial institution ATMs. Take pleasure in on the spot and … Read more

hdfc financial institution: HDFC Financial institution’s retail asset high quality takes successful amid pandemic

Mumbai: HDFC Financial institution’s asset high quality within the retail section deteriorated considerably within the final monetary yr, with gross dangerous mortgage ratio rising 50 foundation factors to 2.3% as of March finish from 1.8% a yr earlier, its filings with the US regulator present. Sectoral evaluation of the personal financial institution’s portfolios reveals that … Read more

2 Shares To ‘Promote’ And ‘Maintain’ After Axis Direct Downgraded Them

1. Karnataka Financial institution – Promote Score With A Decreased Goal Value Of Rs. 50 For this personal sector lender, Axis Direct has retained its ‘Promote’ name and on the identical time decreased the goal worth to Rs. Q1Fy22 results- Karnataka Financial institution-A combined when it comes to efficiency NIM or internet curiosity margin for … Read more

RBI imposes Rs 5-crore penalty on Axis Financial institution

The Reserve Financial institution of India (RBI) has imposed a financial penalty of Rs 5 crore on Axis Financial institution for contravention of sure provisions of instructions issued by the RBI, encompassing these on cyber safety framework. The instructions embrace ‘Strengthening the Controls of Fee Ecosystem between Sponsor Banks and SCBs/UCBs as … Read more

pnb housing finance: Sebi-PNB Housing tussle over management premium casts an extended shadow on RIL deal to purchase Simply Dial

Mukesh Ambani, chairman and MD, Reliance Industries; Ajay Tyagi, chairman, SEBI; S. S. Mallikarjuna Rao, MD and CEO, Punjab Nationwide Financial institution; VSS Mani, founder and managing director, Simply Dial Companies Personal Restricted. Synopsis Like Carlyle’s funding in PNB Housing Finance, the proposed deal by Reliance Retail Ventures entails a big preferential subject, the pricing … Read more

hdfc financial institution: AT1 Bond Sale: HDFC Financial institution ropes in I-Banks

Mumbai: HDFC Financial institution has employed about 9 funding banks to lift as much as $1 billion by its first ever further tier 1 (AT1) bonds within the abroad market after the Securities and Alternate Board of India’s (Sebi) rule on valuations dried up investor curiosity within the home market. These banks are Barclays, Financial … Read more

Paytm, ICICI slug it out on FASTag management

Mumbai: ICICI Financial institution and Paytm Funds Financial institution are slugging it out for the management place in Nationwide Digital Toll Assortment with each banks claiming market management. Paytm mentioned that the funds financial institution is the biggest FASTag issuer within the nation in addition to the biggest acquirer of toll plazas. “Paytm has change … Read more