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Finance
Virtual Forest Completes First Round of Funding
New Delhi: Virtual Forest, a start-up that focuses on creating customer centric green technology to address global environmental challenges has completed it’s first round of funding!-->!-->!-->…
DBS Bank unveils hassle-free, online SME loans
MUMBAI: Driven by its constant focus on building seamless, intuitive and hassle-free banking solutions for customers, DBS Bank India today unveiled its online credit solutions platform!-->!-->!-->…
Over Rs 1.06 lakh cr issued to more than 30 lakh taxpayers as refund: CBDT
New Delhi: Income Tax Department has issued refunds of over one lakh six thousand crore rupees to more than 30 lakh taxpayers between 1st April to 15th September this year. In a tweet,!-->!-->!-->…
Lok Sabha passes Banking Regulation (Amendment) Bill
New Delhi: Lok Sabha passed the Banking Regulation (Amendment) Bill, 2020 today. This Bill replaces the Banking Regulation (Amendment) Ordinance which was promulgated on 26th June this!-->!-->!-->…
Magma Fincorp’s Survey shows Commercial Activities and Asset Deployment improved
New Delhi: Mumbai-based NBFC, Magma Fincorp Limited conducted a survey of 3 lakh customers across cars, commercial equipment (CE), commercial vehicle (CV) and tractor segments recently. The!-->…
SBI General Insurance signs corporate agency agreement with YES BANK
Hyderabad: SBI General, one of India’s leading General Insurance Companies and, YES BANK, a leading private sector bank, signed a Corporate Agency Agreement for the distribution of!-->!-->!-->…
Funding from Ankit for OckyPocky an EdTech Start-up
New Delhi: India's first interactive English learning app for pre-school kids “OckyPocky” has recently received investment from Mr. Ankit Kumar through Lead Angels Network. This!-->!-->!-->…
RBI issues guidelines for appointment of CCO in banks
New Delhi: Reserve Bank of India has issued guidelines for appointment of Chief Compliance Officer (CCO) in banks to ensure uniform approach with regard to compliance and risk management!-->…
IDRBT outlines strategy for AI adoption in Indian banking
Bangaluru: Underlining the role and potential of AI in transforming India’s BFSI sector, the Institute for Development and Research in Banking Technology (IDRBT) released a whitepaper!-->!-->!-->…
August inflation numbers could be unpleasant: Rate cut hopes fade?
Dr. Soumya Kanti Ghosh
There is now an emerging thought suggesting that one should look through the current increase in inflation as episodic, and look through the cycle as price!-->!-->!-->…