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Genoa-based Banca Carige has been thrust into the spotlight as Italy’s remaining large problem bank after Rome’s decision to wind down two ailing regional lenders and its planned bailout of Monte dei Paschi di Siena. Laura Frykberg.
The UPI app is part of the Reserve Bank’s initiative to promote a cashless society. Currently, customers of 21 banks can use the new payment solution. More banks are expected to join the UPI app platform later.
The BSE Sensex on Wednesday soared to the lifetime high of 33,117.33 and the NSE Nifty scaled the historic 10,340.55 mark in opening trade as banking. Bank, Bank of India, Union Bank of India, Bank of Baroda, Canara Bank,
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Reuters Market Eye – Oriental Bank of Commerce(ORBC.NS) slumped as much as 4.7 percent. Heads towards biggest single-day fall since Oct. 10. Banks’ bad loans increase to 3.29 percent of advances in Sept-quarter versus 3.11.
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MUMBAI, Oct 8 Oriental Bank of Commerce Ltd , a mid-sized Indian state-run lender, said the nation’s central bank has initiated "prompt corrective action" against the bank over its high amount of net non-performing assets (NPA). Sep 19.
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1 FDIC issued a combined estimate for First Heritage Bank and First National Bank of Nevada 2 FDIC issued a combined estimate of $807 million for all subsidiaries of Security Bank Corp. 3 Combined assets or FDIC fund cost of all banks.
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On Monday, Kotak Mahindra Bank announced a cut of up to 0.45% in its lending rates. Public sector lender Dena bank slashed its benchmark lending rate by 0.75%. Another nationalised institution, Oriental Bank of Commerce. return.
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MUMBAI: Oriental Bank of Commerce, a mid-sized Indian state-run lender, said the nation’s central bank has initiated “prompt corrective action” against the bank over its high amount of net non-performing assets (NPA). Oriental Bank is.