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Finance
PSBs recover over Rs 10,000 Cr from willful defaulters in last three FYs
New Delhi: Public Sector Banks have recovered more than 10 thousand crore rupees from willful defaulters during the last three financial years. This was stated by the Minister of State…
100X.VC announces Class 02 investments
Mumbai: 100X.VC has officially announced its Class 02 investments - 9 seed-stage start-ups from diverse sectors, at the all online VC Pitch Day, held on 18th September 2020. There were…
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…