Category: banking
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SBI RBO PEN ne Officers ko chhutti lene se pehle approval lene ka order diya
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State Bank of India (SBI) ke Regional Business Office (RBO) PEN ne ek naya directive jari kiya hai jisme officers ko chhutti lene se pehle authority se prior approval lena zaroori hoga. Iss order ka maksad ye hai ki leave requests ko formal tareeke se manage kiya ja sake, taaki…
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Court Holds Bank of Baroda Liable for Closing FD Without Permission of Joint Holder
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National Consumer Disputes Redressal Commission (NCDRC) ne Bank of Baroda ke khilaaf faisla sunaaya hai. Bank ne ek joint account holder ko bina bataaye fixed deposit receipts (FDRs) release kiye, jo ki “service ki kami” hai. Case ka Background Kamal Kumar Sajnani ne bank ke saath fixed deposit schemes mein…
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Analysis-UniCredit’s Orcel takes aim at Europe’s banking borders with Commerzbank bet By Reuters
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By John O’Donnell FRANKFURT (Reuters) – For decades, Andrea Orcel has been the “rainmaker” to whom chief executives turned for advice on the big deals that reshaped the banking landscape. Now, as CEO of UniCredit, the Italian has set himself his biggest test yet — breaking Europe’s deep-rooted political resistance…
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Lawmaker Fights For Firms’ Easier Access to Banking
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Hong Kong has been one of the world’s most crypto-friendly regions, and so far, it seems the region is continuing to nurture this friendly relationship with the sector. Recently, Hong Kong Legislative Council Member Johnny Ng announced compressed To provide greater banking access for crypto and Web3 companies in the…
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How to Successfully Withdraw Closing Balance in Kotak Mahindra Bank Account
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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…
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Kotak Mahindra Bank Credit Card Application Process: A Step-by-Step Guide
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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…
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How to Apply for a Personal Loan in Kotak Mahindra Bank: A Step-by-Step Guide
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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,…
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Kotak Mahindra Bank Net Banking: A Comprehensive Guide
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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,…
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Why Choose Kotak Mahindra Bank Savings Account? Eligibility, Benefits, and Step-by-Step Guide
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In today’s fast-paced world, having a savings account is more than just a financial necessity; it’s a crucial step towards securing your future. Among the myriad options available, Kotak Mahindra Bank stands out as a reliable and customer-friendly choice. But why choose Kotak Mahindra Bank for your savings account? Let’s…
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How to Change Mobile Number in Kotak Mahindra Bank?
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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,…
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Banking in the eyes of NextGen client
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In the early 2000s, paying college tuition required going to the bank to deposit cash. Now, much later, banking has changed dramatically, and the future of money is in our hands. Modern consumers can easily transfer money from their bank accounts to mobile wallets using basic or premium phones, while…
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IndusInd Bank Credit Card Bill Payment: A Comprehensive Guide
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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…
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US Senate Moves Bitcoin Reserve Bill To Banking Committee
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At the recent Bitcoin conference in July, cryptocurrency advocate Senator Cynthia Lummis announced plans to introduce a bill that would allow the US government to adopt Bitcoin as a strategic reserve asset. Five days after Loomis’ announcement, there have been some encouraging developments with what could be the most significant…
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Interest rates be damned: 3 reasons JPMorgan’s commercial banking clients are optimistic about the U.S. economy
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Federal Reserve interest rates, which influence global lending rates, are higher than they have been in 23 years. But that’s not stopping JPMorgan Chase clients from feeling optimistic. In a survey of more than 100 founders and senior business leaders at companies generating up to $2 billion each, more than…
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New taxes to make banking services unaffordable to most Kenyans
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Banks have warned of higher transaction costs if Parliament approves the proposed value-added tax and increased fees on financial services, arguing that there is a risk of declining gains in financial inclusion and eliminating money laundering. The Kenya Bankers Association (KBA), in its reports to the National Assembly Finance and…
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CFPB Rule Shakes Up Banks: Open Banking Ushers in an Era of Transparency
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Buckle up, because the financial sector is about to be swept up in a wave of transparency. For many years, consumer data remained boxed in a fenced garden, with traditional banks acting as gatekeepers. Access was tightly controlled, distributed in drops and shuffles. The CFPB’s move dismantles those walls, giving…
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Price Skyrockets 40% During US Banking Crisis
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Bitcoin, an obscure digital currency, is back in the spotlight as the US banking system faces mounting pressure. While some predict a massive rise to $1 million per coin, fueled by economic woes, others remain skeptical. Related reading Banking on the rise of Bitcoin? Bitcoin Supporters see it as a…
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Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist By Investing.com
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Two-thirds (66%) of banking and financial markets CEOs surveyed said that the potential productivity gains from AI and automation are so great that they must accept risks to remain competitive. 65% of financial leaders say success with AI will depend more on people adopting it than on the technology itself,…
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NatWest Tells Customers to Visit Branches as Outage Hits Online Banking
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NatWest has issued an apology to customers following a service outage that made the app and online banking inaccessible. Customers began reporting issues early Tuesday morning, with many unable to log into their accounts via the smartphone app. When trying to open the app, users received an error message saying:…