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Banks
Walmart-owned Flipkart poised to list publicly, says SoftBank
In India, SoftBank has backed many companies, and unicorns or start-ups with over $1 billion in valuation
Walmart-owned e-commerce giant Flipkart is among SoftBank’s list of…
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Moody’s withdraws IDBI Bank’s credit ratings for business reasons
Global credit rating agency Moody’s Investors Service on Monday said it has withdrawn IDBI Bank Ltd’s ratings for business reasons
Global credit rating agency Moody’s Investors…
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Nomura hires top ICICI banker to head India ECM business – sources
MUMBAI- Nomura Holdings (8604.T) has tapped Mahesh Natarajan to head its equity capital markets business in India, two sources with direct knowledge told Reuters on Tuesday, a…
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Commercial business to drive Kotak Mahindra Bank growth: Manish Kothari
SYNOPSIS
Kotak Mahindra Bank expects to grow its commercial banking book to Rs 1 trillion next fiscal, driven by demand for commercial vehicles and equipment, and gold loans…
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Credit growth of scheduled commercial banks tapers off in December
Banks extended loans of almost Rs 1.5 trillion during the fortnight ended December 30
Credit growth of scheduled commercial banks tapered off in the second fortnight of…
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Business Today to hold Banking & Economy Summit, and the glittering BT-KPMG Best Banks Awards
Union Minister Nitin Gadkari, Minister of State for Ministry of Finance Bhagwat Kishanrao Karad, RBI Governor Shaktikanta Das, finance and economy stalwart KV Kamath will be in…
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Flat6Labs, Wio Bank ink MoU to enhance SME-centric banking services in Abu Dhabi
In addition to banking services, Wio Bank will provide experts and mentors to support startups in Flat6Labs Ignite’s programme
Flat6Labs, the seed-stage programme and…
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Shriram Finance Secures $100 Million Loan From Asian Development Bank
NBFC Shriram Finance Ltd said it had secured a five-year loan worth $100 million from the Asian Development Bank to provide credit to its customers towards purchase of new and used…
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Payments Banks’ technology-oriented business models no longer their niche
Business models of PBs needs to be ensured that they are sufficiently robust and technological standards are adhered to so that they survive in a competitive environment, says RBI…
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After this year’s IPO slump, bankers are wary of 2023 relief
SYNOPSIS
This year’s listings slump is the worst since IPO values tumbled 73% in 2008, according to Bloomberg data
Initial public offerings are heading for their longest…
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