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Author: bankpediaa

  • What are the 4 Stages of Money Laundering?

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    bankpediaa

    Imagine you have some money, but it’s “dirty” because you got it from something illegal, like selling drugs or committing fraud. You can’t just walk into a bank and deposit that money because it would raise red flags, right? That’s where money laundering comes in—it’s a sneaky way to make…

  • Indian Bank Officer Arrested for Alleged Involvement in Money Laundering Scheme

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    bankpediaa

    Chandigarh, August 22, 2024: A disturbing case has surfaced in the banking sector, as an officer from Indian Bank’s Sector 17B branch in Chandigarh has been arrested for his alleged involvement in a money laundering scheme. The officer, Mr. Avinash Kumar, who was responsible for promoting the opening of savings…

  • Over 7 Crore ITRs Filed This Year: Check Last 5 Years’ Data

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    bankpediaa

    This year, taxpayers and tax professionals have set a new record for filing Income-tax Returns (ITRs). By July 31, 2024, over 7.28 crore ITRs were submitted for the Assessment Year (AY) 2024-25. That’s a 7.5% increase from the 6.77 crore ITRs filed by the same date last year. Let’s break…

  • How to Successfully Withdraw Closing Balance in Kotak Mahindra Bank Account

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    bankpediaa

    Are you considering closing your Kotak Mahindra Bank account and wondering how to smoothly withdraw closing balance? You’re not alone! Whether it’s due to a change in banking needs, relocation, or simply finding better offers elsewhere, the process of closing an account can feel daunting. But fear not! In this…

  • Kotak Mahindra Bank Credit Card Application Process: A Step-by-Step Guide

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    bankpediaa

    Applying for a credit card can feel like a maze of confusing terms and endless paperwork. I’ve been there myself and know how frustrating it can be to figure out what you need and where to start. With years of experience in the financial world, I’ve learned that a good…

  • How to Apply for a Personal Loan in Kotak Mahindra Bank: A Step-by-Step Guide

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    bankpediaa

    We all know that life has a way of throwing surprises at us—sometimes good, sometimes not so much. Whether it’s an unexpected car repair, a medical emergency, or the chance to finally take that dream vacation, having quick access to funds can make all the difference. I’ve been there myself,…

  • Kotak Mahindra Bank Net Banking: A Comprehensive Guide

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    bankpediaa

    Kotak Mahindra Bank Net Banking: As a former employee of Kotak Mahindra Bank, where I worked for 4 years, I’ve witnessed firsthand the transformation of the banking industry to meet the demands of the digital age. In today’s fast-paced world, managing your finances online has become not just a convenience,…

  • Exploring Career Opportunities for Experienced Bankers in 2024

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    bankpediaa

    Career Opportunities for Experienced Bankers: As a banker with over five years of experience in a public sector bank in India, you possess a wealth of skills and knowledge. However, many bankers feel overburdened and consider resigning without having another job in hand. The good news is that in 2024,…

  • Who is Arvind Panagariya? Chairman of 16th Finance Commission of India

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    bankpediaa

    Arvind Panagariya is a noted Indian economist. He’s impactfully worked in inte­rnational trade, economic policy, and deve­lopment economics. His work is felt both in India and around the­ world. Let’s explore Arvind Panagariya’s life­, feats, and effects. You’ll unde­rstand his career and his remarkable­ additions to global economics. Arvind Panagariya:…

  • India should privatize PSU Banks to increase economic growth: Arvind Panagariya

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    bankpediaa

    To make India a $52 trillion economy by 2047, it is important for experts to emphasize the need for key reforms needed to drive higher growth of Indian economy. Highlighting the significance of privatisation as well as public sector reforms at FICCI event recently, Chairman of 16th Finance Commission, Arvind…

  • How to Change Mobile Number in Kotak Mahindra Bank?

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    bankpediaa

    Changing your mobile number with Kotak Mahindra Bank? Let me tell you, it’s quite the adventure! I recently went through this process, and boy, did I learn a thing or two. It all started when I switched phone carriers for a better deal. New carrier, new number – exciting stuff,…

  • State Bank of India Enhances Wealth Management Strategy with 2000 New Relationship Managers

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    bankpediaa

    The State Bank of India (SBI), India’s largest lender, is taking significant steps to bolster its wealth management division. To better cater to the growing wealth of individuals, SBI has assigned around 2000 employees as relationship managers. This strategic move is aimed at revamping the bank’s wealth management unit, which…

  • Retirement Planning: Best Investment Options for Long-term Security in India

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    bankpediaa

    Planning for retirement is a crucial aspect of financial stability, and choosing the right investment options is paramount to ensure long-term security. In India, a variety of investment avenues cater to different risk appetites and financial goals. This comprehensive guide will delve into the best investment options for retirement planning,…

  • Real Estate Investment: Trends and Predictions for 2024

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    bankpediaa

    As we venture into 2024, the landscape of real estate investment is poised for transformation, driven by evolving market dynamics, technological advancements, and shifting consumer preferences. In this comprehensive article, we explore the trends and predictions that are set to shape the real estate market in the coming year. Our…

  • The Role of Artificial Intelligence in Modern Investment Decisions

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    bankpediaa

    Investme­nt management is changing big time, and artificial inte­lligence (AI) is the drive­r. AI is shifting how we look at financial data, build investment plans, and ove­rsee portfolios. This piece­ digs into the many parts AI plays in today’s investment choice­s. We will look at the upsides, the­ hard parts,…

  • Bangladesh Blues: Marico Share Price Falls – A Cause for Concern?

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    bankpediaa

    Marico Limited, a note­d consumer goods company in India, has a strong position in the stock market. This organization’s stocks have­ often been se­lected by investors. None­theless, some re­cent situations have stirred up worrie­s. In this piece, we’re­ going to explore the origin, past, and pre­sent standing of Marico stock.…

  • Supreme Court Issues Landmark Ruling on MSME Loan Accounts

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    bankpediaa

    In a significant decision, the Supreme Court has provided clarity on the classification of Micro, Small, and Medium Enterprises (MSMEs) loan accounts as Non-Performing Assets (NPAs). The court emphasized that banks must follow stringent procedures before designating an MSME loan account as an NPA, in accordance with the “Framework for…

  • IndusInd Bank Credit Card Bill Payment: A Comprehensive Guide

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    bankpediaa

    Are you an IndusInd Bank credit card holder looking for convenient ways to pay your bills? Look no further! This article will walk you through the various methods to pay your IndusInd Bank credit card bill, ensuring you never miss a payment. Online Payment Methods Net Banking: A Step-by-Step Guide…

  • Punjab National Bank Manager Accused of Illicit ₹1.45 Lakh Transfer, Police Initiate Inquiry

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    bankpediaa

    A legal case has been lodged against the Punjab National Bank’s Station Road branch manager and another person, following a judicial directive. The manager stands accused of illicitly transferring ₹1.45 lakh from a client’s account to a different one. Pursuant to the case registration, the Kotwali police have initiated an…