BFSI Post is the Engagement Platform to chart the growth path for banking, financial services and insurance industry in India.
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As many as 10.09 crore accounts bank accounts have been opened as of 26 December.Of this, 8.03 crore accounts have been open by public sector banks,
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According to RBI Data, credit card spending has registered growth of 27 per cent (from Rs
17,314 crore to Rs 13,639 crore).
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SBI will use the Mobile Financial Services solution developed by Amdocs (DOX), the
leading provider of customer experience solutions.
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Reliance Capital, the Anil Ambani-led financial company, has sold a 2.8 per cent stake to Japan's Sumitomo Mitsui Trust Bank for Rs 371 crore.
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The Delhi High Court has issued notice to the Reserve Bank of India (RBI) on a plea against RBI's decision to impose a limit of five transactions per month.
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