HDFC Bank Faces Scrutiny Over Alleged ‘Camouflaged’ Payments Linked to State Firm Deposits
HDFC Bank has come under fresh scrutiny following allegations that the lender allegedly disguised crores of ...
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Tag: Indian banking sector
NRI Deposits in Indian Banks Fall by Nearly $2 Billion in March
Non-Resident Indians (NRIs) withdrew nearly $2 billion from Indian bank deposits in March, according to recent ...
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Apple Pay India Launch Faces Delay as Banks Push Back on Commission Demands
Apple’s long-awaited launch of Apple Pay in India has reportedly hit a roadblock after major Indian ...
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RBI Cancels Licence of Mumbai-Based Sarvodaya Co-operative Bank Over Financial Concerns
Reserve Bank of India has cancelled the banking licence of Mumbai-based Sarvodaya Co-operative Bank, citing the ...
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RBI Limits Forex Positions, Banks Face Losses as Rupee Set for Sharp Rise
Bankers are bracing for potential trading losses after the Reserve Bank of India introduced a cap ...
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Union Bank Announces ₹25,000 Crore Fundraise via Bond Issuance
Public sector lender Union Bank of India has announced a major fundraising plan of up to ...
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Manappuram Finance Gets RBI Nod for Bain Capital to Acquire Up to 41.7% Stake
Manappuram Finance Ltd. has received RBI permission for a strategic investment and joint control arrangement with ...
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Union Bank of India and Bank of India Likely to Merge by End of 2026: Report
According to reports, Union Bank of India and Bank of India may combine into a single ...
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Four-Day Bank Shutdown Likely as Employees Plan Nationwide Strike Over Five-Day Work Week Demand
Bank employees, supported by strong unions, have called for a statewide strike to push for the ...
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HDFC Bank Ranks as India’s Most Valuable Brand in 2025; Tata Group Dominates Top 50
In the latest Kantar BrandZ rankings released for 2025, HDFC Bank reclaimed its position as India’s ...
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