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PayTm Money Gets SEBI approval to Start Stock Broking Services-Demat Accounts.

PayTm money - an arm of eWallet Paytm has received Securities & Exchange Board of India (Sebi) to start stock broking services. Entry of Paytm in the broking services is seen as threat to other discount broking firms like Zerodha...

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Axis Bank May Acquire a Public Sector Bank – MD and CEO Amitabh Chaudhry

Axis Bank MD & CEO Amitabh Chaudhry has shown his interest in acquiring any of the Public Sector Bank at right time and right price. Axis Bank is the third largest private sector bank in the country. MD and CEO...

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Syndicate Bank May Offer 25% Discount on Employee Share Purchase Scheme (ESPS)

Public sector Syndicate Bank has hinted to launch the proposed Employee Share Purchase Scheme (ESPS) in the first week of March at discounted rates.  Discounts on ESPS will range from 23 to 25 per cent, based on seniority and designations.It...

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RBI Pays ₹28,000 Cr Interim Surplus To Government

RBI has decided to pay Rs 28,000 Crore as interim surplus to Government of India for the half-year ended December 2018. This is the second successive year that the RBI will be transferring an interim surplus. The total receipts from the...

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FM Said India needs Fewer and Bigger Banks

Finance Minister Arun Jaitley has once again advocated for the merger of more Public Sector Banks. He batted for merger at RBI Central Board post-budget meeting. He said that India needs fewer banks and mega banks which are strong to help...

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Army Welfare Fund Battle Casualties Account With Syndicate Bank is Real !

FactCheck "Army Welfare Battle Casualities Bank Account with SyndicateBank" - A viral message spreading around the social meida is claiming that the Modi government has now launched a new scheme "exclusively" for battle casualties and weapon purchase. The message is spreading...

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Hackers Hacked State Bank of Mauritius, Withdraw Rs 19 Crore From Mumbai Branch

Hackers hacked down State Bank of Mauritius for Rs 9 Crore - SBM reported that Rs 9 crore were hacked from one of their branch from Mumbai and transfer to Hongkong based bank in the name of Singapore Company. Earlier, same...

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Get Full Refunds If Lost Money on eWallets like PayTm, Phonepe etc

RBI refunds rules for eWallets - Reserve Bank of India (RBI) has set up a new guidelines for unauthorized or fraudulent transactions take place on mobile wallets like Paytm, PhonePe or other Prepaid Payment Instrument (PPI). RBI has introduced rules...

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