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9:05 PM
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Under the campaign 'DIGITAL APNAYEN', the bank will contribute Rs 5 towards the PM CARES Fund on behalf of each customer conducting the first financial transaction to activate their RuPay Debit card either on point of sale (PoS) or e-commerce platform, PNB said in a statement.
7:14 PM
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6:13 PM
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Singapore’s central bank, the Monetary Authority of Singapore has emerged the largest investors in ICICI Bank’s qualified institutional placement of shares picking up 4.6 crore shares for Rs 1,662 crore, which is over 11% of the issue size.
6:13 PM
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The new 'Positive Pay' mechanism introduced by the Reserve Bank of India (RBI) will make cheque payments safer and reduce instances of frauds. Issuers will be able to send all details to their bank, thereby ensuring faster clearance of cheques above Rs 50,000.
5:13 PM
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The country's second largest private sector lender ICICI Bank on Saturday said it has completed the allotment of equity shares under its qualified institutional placement (QIP) and raised approximately Rs 15,000 crore to fund its business growth and meet regulatory capital requirement.
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