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Kotak Securities Rbi

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Major credit card issuers go live on Bharat Bill Payment Systems platform

Major credit issuers, including the largest — HDFC Bank — have integrated their systems with the Bharat Bill Payment Systems (BBPS) for receiving credit card repayments via third-party......

BSE Sensex: 10 biggest single-day falls

Indian stock indices witnessed a bloodbath on the day the Lok Sabha results are being announced, where incumbent BJP performed below par and seems it may fall short of exit poll predictions and the......

US Treasuries drive RBI's bumper surplus to Centre

A combination of factors, including heavy investments in US Treasury bonds and dollar sales at a healthy profit, facilitated the Indian central bank in transferring a record surplus of Rs 2.11......

Kotak Mahindra Bank reports 25% rise in Q4 net profit

Kotak Mahindra Bank on Saturday reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. Photograph:......

Bajaj Finance sinks 8% amid rising NIM pressure

Investors shunned shares of Bajaj Finance on Friday, a day after the non-banking financial company (NBFC) reported a sharp contraction in its net interest margin (NIM) for the March quarter of the......

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