A Complete Banking Guide... Bank of Baroda, Allahabad Bank, Andhra Bank, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Dena Bank, ICICI Bank, IDBI Bank Limited, Indian Bank, Indian Overseas Bank,, Oriental Bank of Commerce, Punjab & Sind Bank, Punjab National Bank, State Bank of India, UCO Bank, UTI Bank Ltd., Union Bank of India, United Bank Of India, Vijaya Bank, Yes Bank, Mutual Funds, Income Tax
10:05 AM
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Most public sector banks have held back from making bad loan provisions of advances to troubled housing finance company DHFL despite the account being ‘red-flagged’ under RBI’s framework for dealing with fraudulent disbursements.
8:04 AM
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The insurer also claimed in court filings that IBC laws do not allow for insolvency of financial services providers.
7:20 AM
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Hero Corp may pick up a stake of 10-15% or more, said one of the persons. Under the proposed deal that’s likely to be announced shortly, it may declare itself a co-promoter along with Analjit Singh and make an open offer. Sunil Kant Munjal is expected to join the board of Max Financial, which has a market capitalisation of Rs 12,963 crore.
7:26 PM
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The company, which competes with the likes of Paytm in the fintech space, has already disbursed over one lakh "digital loans" in September this year.
8:01 AM
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Prosecutors and other Justice Department officials in New York and Washington are trying to determine if McKinsey used its influence over insolvent companies in violation of the rules of Chapter 11 bankruptcy by quietly steering valuable assets to itself or favoring its own clients over other creditors.
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