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Income tax dept conducts survey at Hinduja group firm

The income tax department on Wednesday conducted a survey operation at Hinduja Global Solutions, an entity of the Hinduja Group, in Mumbai and some other cities, official sources said. IMAGE: The......

Will Bull Run In PSU Banks Continue?

It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay. Photograph: Rupak De Chowdhuri/Reuters   These days,......

Banks await RBI approval for appointing second whole-time director

More than half a dozen private-sector banks are awaiting regulatory approval for the appointment of a second whole-time director on their boards. Photograph: Ajay Verma/Reuters In a notification......

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. Photograph: Rupak De Chowdhuri/Reuters A year later, in......

Credit-deposit ratio inched up in Q3

Credit-to-deposit (CD) ratio of major public sector and private sector banks during the October-December quarter of FY24 inched up as compared to the previous quarter though government-owned......

RIL, bank stocks drag Sensex down by 790 points

Benchmark Sensex tanked more than 1 per cent while Nifty declined below the 22,000 level on Wednesday pulled down by selling in heavyweight Reliance Industries and bank stocks amid weak global......

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