Latest News for: New delhi bank

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Delhi: 3 men booked for cheating SBI officials of Rs 72 crores

Indian Express 28 Sep 2021
The Delhi Police registered a case against three men who allegedly tried cheating bank officials to the tune of Rs 72 crores in New Delhi’s Parliament Street. The police said the men went to the State Bank of India with a fake cheque from New Delhi Municipal Corporation.
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RBI imposes monetary penalty on RBL Bank Limited

Beijing News 28 Sep 2021
New Delhi , September 27 (ANI). The Reserve Bank of India (RBI) has, by an order on Monday imposed a monetary penalty of Rs 2.00 crore on RBL Bank Limited for not complying with the Banking Regulation Act, 1949. "The Reserve Bank of India ...
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SBI shares gain 1.6% as lenders to log Rs 37, 400 cr recovery on DHFL deal

The Times of India 28 Sep 2021
NEW DELHI ... Multiple sources told ET that banks will receive a mix of cash and non-convertible debentures of 7-year tenure ... Creditors led by SBI had admitted claims worth Rs 87,000 crore, of which the bank itself had exposure of Rs 7,267 crore to Dewan Housing Finance.
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Afghan banking system close to collapse

The Siasat Daily 28 Sep 2021
New Delhi. Afghanistan’s banking system is close to collapse. Syed Moosa Kaleem Al-Falahi, the Chief Executive of the Islamic Bank of Afghanistan, said the country’s financial industry is in the grip of an “existential crisis” as customers panic, BBC reported.
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Goldman Sachs cuts China growth on power shortage

TeluguStop 28 Sep 2021
New Delhi, Sep 28 . Goldman Sachs has become the latest banking giant to cut its growth forecast for China, as the country struggles with energy. Source.TeluguStop.com Read More. ....
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Crisil upgrades Bharti Airtel debt programme rating

The Times of India 28 Sep 2021
NEW DELHI. Crisil Rating on Tuesday said it has upgraded the long term rating on the bank facilities and debt programme of Bharti Airtel to AA+ with a stable outlook. Earlier, the rating was AA with a stable outlook ... The credit rating reflects the company's ability to service its debt ... Start a Conversation. .
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Govt to borrow Rs 5.03 lakh cr in second half of FY22

Sify 28 Sep 2021
New Delhi. The Central government, in consultation with the Reserve Bank of India (RBI), has finalised its borrowing programme for the second half (H2) of FY 2021-22. Out of gross market borrowing of Rs 12.05 lakh crore projected for FY22 in the Union Budget, Rs 7.24 lakh crore (60 per cent) was planned to be borrowed in first half (H1) ... SIFY GOLD ... .
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HDFC Bank raises Rs 5,000 cr via bonds

The Times of India 27 Sep 2021
New Delhi. HDFC Bank on Monday said it has raised Rs 5,000 crore by issuing bonds on a private placement basis.
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ED raids Shiv Sena's ex-Union Minister Anandrao Adsul, son

Suryaa 27 Sep 2021
Terming the complaint as "motivated and managed" by Rana, Adsul - who was planning to travel to New Delhi on Monday - claimed that when the bank's annual turnover is Rs 800 crore, how can there be a scam of Rs 900 crore as alleged by the MLA, and demanded a free and impartial probe into the matter.
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Are white label ATMs any different from bank ATMs?

Live Mint 27 Sep 2021
Typically, white label ATMs, or WLAs, are the ATMs set up and operated by a non-bank ... The Reserve Bank of India (RBI) authorizes non-bank ATM operators under the Payment and Settlement Systems Act, 2007 ... Banks generally have to incur various costs to set up ATMs ... The metro locations are Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi.
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Govt H2 borrowing target in line with market estimates; gilts to act favourably

The Times of India 27 Sep 2021
NEW DELHI. The central government, in consultation with the Reserve Bank of India, has pegged its borrowing through issuance of dated securities at Rs 5.03 lakh crore for the October-March period, according to a release on the Press Information Bureau.
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Naveen calls for banks in Maoist-affected areas

The Telegraph India 26 Sep 2021
Naveen assured the Centre that the state would provide land, building, etc, for setting up bank branches free of cost in such areas ... Addressing a meeting convened by Union home minister Amit Shah on extremism in New Delhi, Naven said. “We have not been successful in creating banking facilities in these areas.
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Finance to upgrade, World Bank offers plan for Railway expansion

Indian Express 25 Sep 2021
In passenger services, the Bank proposes PPP partnership in developing new high-speed routes as well as the commuter rail network ... Aviation Banking & finance Budget Business Other Companies Economy Market Education Students Voice Study Abroad More Elections Brand Solutions.
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IPPB to sell Tata AIG General Insurance products: Things to know

Live Mint 25 Sep 2021
NEW DELHI. India Post Payments Bank (IPPB) has tied up with Tata AIG General Insurance Co ... As part of the alliance, IPPB will make available affordable insurance products through its robust network of 650 branches and over 136,000 banking access points to citizens at large.
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