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BusinessToday.In
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...


BusinessToday.In
New Delhi, September 18, 2018
The company will sell life, health and general insurance in India where the insurance sector is booming. Its rivals Paytm and Flipkart are already working towards making their presence stronger in the insurance space.


Karan Dhar
September 17, 2018
PM Modi's cash-in-hand dropped by a whopping 67 per cent to Rs 48,944 as of March 31 this year from around Rs 1,50,000 in the previous year.


BusinessToday.In
New Delhi, September 13, 2018
Office space is in heavy demand in BKC, which has emerged as the city's financial centre in the past few years, taking over from Nariman Point. So, the sale of the corporate headquarters is expected to fetch Rs 1,300-1,500 crore. 


Mudit Kapoor
New Delhi, September 12, 2018
Jeevan Shanti plan is a non-linked, non-participating, single premium plan in which the policy holder has a choice between immediate annuity and deferred annuity.


Mudit Kapoor
New Delhi, September 12, 2018
30s come pre-installed with all the worry of the future. Is buying that dress a good idea now, when you can save those extra bucks for your contingency fund? Should you buy that expensive phone, when you can put more than half of it in your retirement fund and still manage to buy an equally good phone?


BusinessToday.In
September 12, 2018
Vibha Padalkar has been instrumental in listing of HDFC Life at smashing high valuation of close to Rs 95,000 crore.


BusinessToday.In
September 10, 2018
The stock rose to its 52-week high level of 675.70 in early morning trade rising more than 4.63% in early morning trade. The stock has been gaining for the last three days and has risen 5.51% during the period.


PTI
September 9, 2018
Capital markets regulator SEBI may soon summon ICICI Bank's on-leave CEO Chanda Kochhar and her husband with regard to a probe into alleged regulatory lapses with regard to his business dealings.


PTI
September 9, 2018
Chaudhry, who resigned from the post of MD and CEO of HDFC Standard Life Insurance Company on Saturday, has been appointed as MD and CEO for a period of 3 years, with effect from January 1, 2019 up to December 31, 2021.


BusinessToday.In
September 8, 2018
Chaudhry stepped down from the post of managing director and CEO of HDFC Life Insurance on Saturday. Speculations of him heading the Axis Bank emerged after he offloaded shares worth Rs 55.77 crore between April and August this year.


BusinessToday.In
New Delhi, September 7, 2018
Couple of months after its launch that disrupted the telecom industry with its cheap data plans and wide availability, Jio rushed to the 11th spot.


BusinessToday.In
New Delhi, September 5, 2018
The study compared nine metropolitan cities around the world which have operational Metro systems and where cost of a 10-km trip costs less than half a dollar.


BusinessToday.In
September 4, 2018
In June, the board of Insurance Regulatory and Development Authority of India had permitted LIC to increase its stake from 10.82 per cent to 51 per cent in IDBI Bank.


Anand Adhikari
New Delhi, September 4, 2018
Vibha Padalkar is focusing on profitable products, risk management and setting high standards for disclosures.


BusinessToday.In
New Delhi, September 3, 2018
Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.


Sonal Khetarpal
New Delhi, September 3, 2018
The pay gap between female and male employees not only exists but also increases as they advance in their careers. What can be done to reverse the trend?


BusinessToday.In
September 1, 2018
The India Post Payments Bank will deliver door-to-door banking services in rural and far-flung areas, said PM Modi while launching the initiative.


BusinessToday.In
New Delhi, August 29, 2018
The order came in light of the writ petition filed by All-India IDBI Bank Officers' Association, asking the court to prohibit the government from reducing its stake in the bank below 51 per cent.


PTI
New Delhi, August 28, 2018
The oral assurance by the LIC was given before Justice Vibhu Bakhru as he appeared inclined to pass orders restraining LIC from making any investment in the IDBI in which the government intends to dilute its shareholding below 51 per cent.


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