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Does taking loan on credit card impact credit score?
Your credit score will rise as long as you make your loan and credit card payments on time
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ICICI Bank Q2: Net profit jumps 30% to Rs 5,511 crore
ICICI Bank Q2 results: The private lender said total advances grew by 17 percent year-on-year to Rs 7.64 lakh crore in Q2FY22.
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RBI announces scale-based regulatory structure
The new regulatory framework will be effective form October next year
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Protection of NBFC customers’ interest non-negotiable: RBI deputy governor
He said at the NBFC Summit that we should not compromise on the ethos of finance for mercurial or ephemeral gains
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Bank of India launches its first ever branch in Ladakh
The bank has reduced the interest rates for vehicle loans to 6.85% and 6.50% for housing loans
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Centre asks PSBs to be aggressive on financial inclusion
The Reserve Bank of India's (RBI) financial inclusion index was 53.9 ended March 2021, as compared to 43.4 for the period ended March 2017
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Cash-out penalties may lead to closure of ATMs: CATMI
At present, about 42% of rural ATMs are loaded once a week, while 20% are loaded twice every week. The rest are loaded with cash on alternate days
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Bank NPAs expected to rise to 8-9% in the current fiscal
Stressed assets in these two segments are seen increasing to 4-5% and 17-18%, respectively, by the end of this fiscal
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Axis Bank offers waivers on select home loan products
Customers will be offered up to 20% discount on purchases from select 2,500 local merchants across 50 cities
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Auto debit bounce rate falls sharply in September
Bounce rates that are decreasing suggest that the system is under less stress and that collection rates impacted by lockdown are improving.
