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Karur Vysya Bank share price Today Live Updates : Karur Vysya Bank closed

Karur Vysya Bank Stock Price TodayKarur Vysya Bank Share Price Today : On the last day of trading, Karur Vysya Bank opened at ₹166.95 and closed at ₹166.9. The highest price reached during the day was ₹167.9, while the lowest was ₹162.75. The market capitalization of the bank is ₹13,159.69 crore. The 52-week high for the stock is ₹172, while the 52-week low is ₹92.8. The total volume of shares traded on the BSE was 135,241.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Source: https://mintgenie.livemint.com/news/markets/karur-vysya-bank-share-price-live-blog-for-09-jan-2024-151704768758793

RBI approves integration of RuPay credit cards with UPI- Republic World

Representative | Image:PixabayRuPay meets UPI: The recent authorisation by the Reserve Bank of India (RBI) for integrating RuPay credit cards with Unified Payments Interface (UPI) apps introduces several advantages and some constraints for users. Previously, UPI transactions were limited to funds available in savings accounts, but now, with the linkage of RuPay credit cards to UPI, users can tap into their credit limits for everyday transactions, extending wider acceptance amongst merchants and providing an interest-free period of up to 50 days.Practical implications of linking RuPay credit cards to UPIEnhanced convenience and credit accessTraditionally, UPI payments were tied to savings…
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Source: https://www.republicworld.com/business/personal-finance/rbi-approves-integration-of-rupay-credit-cards-with-upi/?amp=1

CARE upgrades rating of IDBI Bank’s Tier-II bonds

CARE Ratings has upgraded the rating of IDBI Bank’s Basel III Compliant Tier II Bonds aggregating ₹2,000 crore from “A+” to “AA-” and revised the outlook from “positive” to “stable”. The credit rating agency also reaffirmed the “Al+” rating for the bank’s Certificate of Deposits aggregating ₹10,000 crore. The revision in the rating assigned to the long-term debt instruments of IDBI Bank factors in the continued improvement in the bank’s financial risk profile, with improvement in profitability and asset quality parameters with comfortable capitalisation levels over the past two years ended September 30, 2023, the agency said. The rating continues to factor…
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Source: https://www.thehindubusinessline.com/money-and-banking/care-upgrades-rating-of-idbi-banks-tier-ii-bonds/article67611200.ece/amp/

South Indian Bank Extends Application Deadline for ‘SIB Ignite – Quizathon’ till December 22 – India Education | Latest Education News | Global Educational News

South Indian Bank Extends Application Deadline for ‘SIB Ignite – Quizathon’ till December 22 – India Education | Latest Education News | Global Educational News | Recent Educational News

HomeNational NewsSouth Indian Bank Extends Application Deadline for ‘SIB Ignite – Quizathon’ till December 22

Stupendous Volume Growth On Bourses For December To Lead To Further Estimates Upgrades: ICICI Securities

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.December 2023 marked new highs in volumes with NSE/BSE cash of around Rs 1 trillion/100 billion average daily turnover, NSE/BSE options of around RS 375/70 trillion, Multi Commodity Exchange of India Ltd. options ADTO crossing Rs 1 trillion and new demat addition crossing four million.This will likely lead to further earnings upgrades for capital market plays in FY24. There is a…
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Source: https://www.ndtvprofit.com/amp/research-reports/stupendous-volume-growth-on-bourses-for-december-to-lead-to-further-estimates-upgrades-icici-securities

Karnataka Bank inks pact with Digivriddhi to offer financial services to dairy farmers

MangaluruKarnataka Bank has partnered with fintech company Digivriddhi (DGV) to offer financial services catering to the needs of dairy farmers and milk societies. The services will be made available at village dairy co-operative societies associated with milk unions of Karnataka Milk Federation (KMF). To begin with, the services are now made available to milk societies associated with Chamarajnagar Milk Union. Also read: Karnataka Bank, Satin Creditcare Network sign co-lending agreementQuoting Srikrishnan H, Managing Director and Chief Executive Officer (CEO) of Karnataka Bank, a media statement said, “We are accelerating our fintech initiatives and collaboration with partners across…
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Source: https://www.thehindubusinessline.com/economy/agri-business/karnataka-bank-inks-pact-with-digivriddhi-to-offer-financial-services-to-dairy-farmers/article67723573.ece/amp/

Punjab National Bank takes integrity pledge for Vigilance Awareness Week 2023

According to a press release by ONB, the bank’s inaugural ceremony, in line with the Central Vigilance Commission (CVC) guidelines, saw PNB take the Integrity Pledge across all its offices throughout the country, following this year’s theme, “Say no to corruption; commit to the Nation.”

M Paramasivam, Executive Director (ED), and Raghvendra Kumar, Chief Vigilance Officer (CVO), flagged off the event by administering the integrity pledge.

The ceremony was held at PNB’s Corporate Office in Dwarka, New Delhi, and was attended by Bibhu Prasad Mahapatra, Executive Director, CGMS, senior officials, and bank staff, all of whom pledged to uphold a culture of ethical business…
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Source: https://theprint.in/economy/punjab-national-bank-takes-integrity-pledge-for-vigilance-awareness-week-2023/1827556/?amp

CSB Bank stocks: Buy CSB Bank, target price Rs 330: ICICI Direct

ICICI Direct has buy call on CSB Bank with a target price of Rs 330. The current market price of CSB Bank is Rs 287.1. CSB Bank, incorporated in the year 1920, is a banking company (having a market cap of Rs 4985.98 Crore). CSB Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2022. Financials The Bank has reported Standalone Non Performing Assets (Gross NPAs) at .00 % of total assets and Standalone Net Non Performing Assets (Net NPAs) at .00% of total assets for the quarter ending #LatestQuarterDate. For the quarter ended…
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Source: https://m.economictimes.com/markets/stocks/recos/buy-csb-bank-target-price-rs-330-icici-direct/amp_articleshow/100410972.cms

City Union Bank share price Today Live Updates : City Union Bank closed

City Union Bank Stock Price TodayCity Union Bank Share Price Today : City Union Bank’s stock opened at ₹153.3 and closed at ₹153.05 on the last trading day. The stock’s high for the day was ₹153.6 and the low was ₹148.6. The market capitalization of the bank is ₹11,054.05 crore. The stock’s 52-week high is ₹181.7 and the low is ₹119.5. The BSE volume for the day was 119,046 shares.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Source: https://mintgenie.livemint.com/news/markets/city-union-bank-share-price-live-blog-for-09-jan-2024-151704767637194

States lag Centre in capex push so far in FY24: CAG-Bank of Baroda data

States have been lagging behind the Centre in capex push so far in the financial year 2023-24 (FY24). During the April-November period, while the Centre has spent 58.5 per cent of its Rs 10 trillion capex target for FY24, 26 states cumulatively have spent 45 per cent of the Rs 7 trillion target, according to analysis of Comptroller and Auditor General of India (CAG) data by the Bank of Baroda economists. Click here to follow our WhatsApp channel “The states this year have tended to lag the Centre. Clearly, there is a longer distance to be covered by these states,” Bank of Baroda said in its report. This is also significant because the Centre had allotted Rs 1.3 trillion for…
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Source: https://www.business-standard.com/amp/finance/news/states-lag-the-centre-in-capex-push-so-far-in-fy24-shows-govt-data-124010901001_1.html