Cheques clearance worth Rs 37,000 cr affected by bank strike
Chennai: The ongoing two-day nationwide bank strike against the privatisation of government banks has affected clearing of cheques worth about Rs 37,000 crore, said C.H. Venkatachalam, General...
View ArticleAl-Khair Co-Operative Credit Society Strives to Improve the Economic Lot of...
By Danish Reyaz Although the commercial banking system has propagated to far-flung areas, a large chunk of people, especially the poor, still remain out of their bounds. Reasons are many, including...
View ArticleBiggest Bank Fraud: LIC grazed; ICICI, IDBI worst-hit in Rs 22,842 cr scam
Besides LIC, other notables defrauded are: Bank of Baroda (Rs 1,614-crore), EXIM Bank (Rs 1,327 crore), Punjab National Bank (Rs 1,244 crore), Indian Overseas Bank (Rs 1,228 crore) Mumbai: The...
View ArticleBank employees announce another round of shutdown on May 30-31
Bank employees are again on the warpath with several major unions of different banks threatening to go on a one or two-day strike in May-end Mumbai: Bank employees are again on the warpath with...
View ArticleMax Life and Axis Bank Aim to Grow Distribution Strength in FY23
New Delhi, Delhi, India Max Life Insurance Co. Ltd. (“Max Life / “Company”) and Axis Bank Ltd. (“Axis Bank”) have completed twelve years of bancassurance partnership. On this milestone, the companies...
View ArticleRBI launches annual survey on foreign liabilities, assets of MF, AMC
The Reserve Bank of India has launched the 2021-22 round of its annual survey on “Foreign Liabilities and Assets of Mutual Funds and Asset Management Companies”, the central bank said in a statement...
View ArticlePrime Minister to dedicate 75 digital banking units to nation on October 16
Aiming to strengthen the financial inclusion framework in the country, Prime Minister Narendra Modi will dedicate 75 digital banking units (DBUs) to the nation on October 16 at 11 a.m. via video...
View ArticleAs short selling report roils markets, SBI defends exposure
Indias largest lender State Bank of India (SBI) said on Friday that its exposure to the Adani Group was well below the Reserve Bank of Indias (RBIs) Large Exposure Framework and was secured by cash...
View ArticleTaqwa Credit Cooperative society Ltd organizes its annual day programme in...
Of late it has begun to dawn on the Muslims of the sub continent to do money transactions according to Islamic Shariah where interest based transactions are proscribed. Though, the clergy too remained...
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It has been a very satisfying experience working with Rehbar: Azahar Ali,...
In this insightful interview with Danish Reyaz, Azahar Ali, the Chief Business Officer at Rehbar, provides an overview of his extensive experience in the financial sector and his role in steering...
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