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Drone startup Asteria Aerospace bags INR 23.12 cr from Reliance Industries

Financial services firm Vivriti Capital plans to raise ₹500 cr debt...

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Vivriti Capital, a financial services firm, is eyeing to raise ₹500 crore for a debt fund that will invest in companies in its marketplace,...
Flipkart

Flipkart join hands with Axis Bank to launch co-branded credit card

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Flipkart, India's leading retail giant, owned by Walmart, has ventured into the credit card market after it announced partnership with Axis Bank to launch...

AI-driven commerce startup Niki grows 300 times via Hindi users

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Niki, an artificial intelligence commerce startup has claimed that its recently launched Hindi interface had contributed to a 300 times increase in gross merchandise...
Mutual-Funds

LIC-owned IDBI Bank to sell mutual fund business

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IDBI Bank Ltd has initiated the process of selling its mutual fund business, Mint reported. “IDBI Bank has appointed ICICI Securities Ltd to advise it...
Chanda-Kocchar

Former ICICI chief Chanda Kochhar appears before ED for questioning

New Delhi, May 13 Former ICICI Bank chief Chanda Kochhar on Monday appeared before the Enforcement Directorate (ED) for questioning in connection with the Videocon...
ICICI Bank invests in digital payment platform ePayLater

ICICI Holdings Corp. to sell 3.71% stake in ICICI Prudential Life...

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Prudential Holdings Corporation will be selling its 3.71% stake in ICCI Prudential Life Insurance Co. Ltd. for raising about ₹1600 crore and also to...

Rajnish Kumar: Small deposits, loans will continue to be MCLR based

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A day after state Bank of India (SBI) took the decision of linking the interest rate of short-term loans and large savings deposits rates...

Jet Airways gets a loan of ₹2,050 crore from PNB, to...

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Bringing a small breath of relief to debt burdened Jet Airways, state run Punjab National Bank (PNB) agrees to lend ₹2,050 crore to Jet...

ED probing ICICI’s ₹389 crore loans sanctioned by Chanda Kochhar

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Two loan sanctioned by Chanda Kochhar when she was at the top of ICICI Bank are under the consideration of probe agency- Enforcement Directorate...
RBI

RBI fines 19 lenders including ICICI bank and SBI over non-compliance...

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The Reserve Bank of India fines at least 19 lenders for not complying with its guidelines on the use of banking messaging software-SWIFT. These...