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13 December, 2018 2:05 AM Stocks in the news: Jubilant Foodworks, Pricol, Bank of Baroda, Ashoka Buildcon, Strides Pharma, Lupin

Jubilant Foodworks | Pricol | Bank of Baroda | Ashoka Buildcon and Music Broadcast are stocks which are in the news today. Jubilant Foodworks: Company has been allotted 51 lakh ordinary equity shares at a par value of BDT 10 (Bangladesh Taka Ten) each, in Jubilant Golden Harvest Limited (JV company). Subsequent to the allotment, company has become 51 percent 45

10 December, 2018 9:10 AM SWIFT India ropes in ex-SBI chief Arundhati Bhattacharya as board chairman

SWIFT India on Monday said it has appointed ex-SBI chief Arundhati Bhattacharya as the new chairman of its board. SWIFT India is a joint venture of top Indian public and private sector banks and SWIFT (Society for Worldwide Interbank Financial Telecommunication). Bhattacharya will succeed former banker M V Nair, who is stepping down after completing 54

9 December, 2018 11:07 AM Non-Maintenance Of Minimum Balance: Penalty Charges Levied By Top Banks

Most of the leading banks have fixed their AMB according to the location of a customer's account in urban, metro, semi-urban and rural areas. Banks have mandated regular saving bank account users to maintain a certain average monthly balance (AMB) in their accounts, failing which they have to bear certain penalty charges. Average Monthly Balance (AMB) 60

4 December, 2018 9:38 AM Latest Interest Rates, Minimum Balance Rules Of State Bank Of India (SBI)

Recently, State Bank of India (SBI) raised interest rates on fixed deposit accounts across select maturities. State Bank of India (SBI) has a deposit base of Rs. 28.07 lakh crore (as on September 2018). SBI, the largest commercial bank of the country in terms of assets, deposits, profits, branches, customers and employees, offers a range of services 48

1 December, 2018 1:16 PM Bankers threaten nationwide strike on December 26 to protest merger of banks

The government had in September approved the merger of three public sector lenders - Bank of Baroda, Dena Bank and Vijaya Bank.  NEW DELHI: Bank unions have called for a nationwide strike on December 26 against the proposed merger of Bank of Baroda, Dena Bank and Vijaya Bank. The strike is being organised by the United Forum of Bank Unions (UFBU), an umbrella 256

28 November, 2018 3:55 PM State Bank of India Revises Fixed Deposit Interest Rates; What Others Lenders Pay

State Bank of India (SBI), the largest lender of the country, revised its fixed deposit (FD) interest rates with effect from today, the bank said on its website - sbi.co.in. A fixed deposit (FDs) is a secure financial instrument offered by banks, which fetch guaranteed returns. In a fixed deposit account, money can be invested for a higher rate of interest 77

28 November, 2018 10:51 AM SBI hikes interest rate on FDs; here's what you can get now

Ahead of the Reserve Bank of India's monetary policy review on December 5, State Bank of India (SBI) has hiked interest rates on fixed deposits (FD) by 5-10 basis points for select tenors. The revised rates will be applicable from November 28 for FDs of less than Rs 1 crore. According to a notification on the banks' website, FDs with maturity periods 69

28 November, 2018 9:38 AM Realme U1 With 25-Megapixel Selfie Camera Launched in India: Price, Specifications

Realme U1 has been launched in India as the company's latest smartphone, and the first smartphone in the Realme U-Series that's focused on photography. Following the release of Realme 2 Pro and Realme C1 in September this year, the company has now unveiled Realme U1, the first smartphone in the world to sport the Helio P70 SoC unveiled by MediaTek back in October 79

22 November, 2018 1:25 PM Indirect tax mop-up in FY'19 may fall short by Rs 90,000 cr: Report

Indirect tax collections are likely to fall short by Rs 90,000 crore in the current fiscal on account of subdued GST mop-up and excise duty cut on petroleum products, an SBI research report said on Thursday. According to the Budget Estimate, the government proposed to mop up Rs 7.4 lakh crore from the goods and services tax (GST) and Rs 2.6 lakh crore 62

20 November, 2018 2:31 PM Find Out Penalty Charges Of Top Banks For Non-Maintenance Of Minimum Balance

Leading banks such as SBI, HDFC Bank and ICICI Bank have fixed their MAB requirements according to the location of a customer's account. Regular savings accounts in banks require customers to maintain a certain minimum average balance (MAB) every month. Leading banks such as State Bank of India (SBI), HDFC Bank, ICICI Bank, Kotak Mahindra Bank, among 77