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NEWSLETTER, Tuesday 04th April 2023

Reserve Bank of India names Neeraj Nigam as Executive Director

The Reserve Bank of India (RBI) has appointed Neeraj Nigam as Executive Director, effective immediately, according to a press release issued by the central bank on Monday.

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UPI's global expansion revolutionising cross-border transactions

UPI has already seen immense success on the domestic front being the digital and most used real time settlement system across the globe.

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Bandhan Bank added 50 new branches to its existing network

Bandhan Bank added 50 new branches to its existing network of over 1350 branches across the country, announced the bank on Friday.

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Aditya Birla Health Insurance signed bancassurance agreement with UCO Bank

Aditya Birla Health Insurance Co Ltd (ABHICL) announced a bancassurance collaboration with major public sector lender UCO Bank for the distribution of health insurance products through the bank's branches across India.

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Axis Bank and Shriram Housing Finance establishes Co-Lending Partnership through Yubi

Axis Bank and Shriram Housing Finance Ltd (SHFL) established a strategic relationship today via the Yubi Co.Lend platform under the co-lending model.

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Indian-Origin Ajay Banga set to lead World Bank chief unopposed

Ajay Banga is set to become the next President of the World Bank, announced on Thursday that he is the sole nominee for the position, as there were no other candidates for the position.

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Kotak Investment Advisors raised $1.25 billion for its second special situations fund

A subsidiary of Kotak Mahindra Bank has raised $1.25 billion for its second special situations fund, today.

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