IOB cuts interest rates on loans

Our BureauChennai-headquartered Indian Overseas Bank has reduced interest rates on loans linked to MCLR by 30 basis points in overnight tenor and by

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October-December will be a testing quarter for banks: Union Bank chief

The third (October-December) quarter could be a testing one for banks as slippage in accounts which opted for moratorium between March 1 to August 31

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Bad bank not a good idea unless key issues are addressed: Uday Kotak

"I think we have tried the bad bank in the past. If you recall when IDBI had challenges in the early 2000s, there was an IDBI SASF, which was created. A part of non-performing assets (NPAs) of IDBI were moved to that SASF," Kotak told in an interview.

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The next googly is difficult to predict: Federal Bank chief

The bank is padded up for the tough overs and is set to open 2021 more confidently, says Shyam Srinivasan

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Infibeam buys out corporate credit cards firm Cardpay in all-share deal

Financial technologies solutions provider Infibeam Avenues Ltd on Monday said it has acquired a 100 per cent stake in Bengaluru-based Cardpay Techno

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