Karnataka Bank opens its 915th branch in Ayodhya

Karnataka Bank opened its 915th branch with a mini e-lobby at Ayodhya on Thursday. Sri Ram Janmabhoomi Tirth Kshetra Trust trustee Anil Mishra inaugurated the branch while VHP leader Gopal Nagarakatte inaugurated the e-lobby, said a release.Speaking on the occasion, Bank Managing Director and CEO H. Srikrishnan said, “We are delighted to step into Ayodhya which is now on the global map. With its world-class infrastructure, Ayodhya has turned out to be a perfect destination for cultural preservation and will attract visitors from all over the world.” He further said the bank with its 100-year legacy will be positioned right to offer world-class banking and digital services from the…
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Source: https://www.thehindu.com/news/cities/Mangalore/karnataka-bank-opens-its-915th-branch-in-ayodhya/article67731115.ece/amp/

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“India’s digital infra will help it take AI leap” PwC’s Bob Moritz on India’s digital transformation

PwC Global Chairperson Bob Moritz along with India Chairperson Sanjeev Krishan speak to Moneycontrol’s Chandra R Srikanth on PwC’s Global CEO Survey. On one hand the CEOs are optimistic heading into 2024, on the other, almost half of them are concerned about business viability amid acceleration of tech and climate pressure. Moritz and Krishan decode the PwC Global survey, also throwing light on how India Inc is placed.

Being bullish on India’s growth, Moritz highlights how India is…
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Source: https://www.moneycontrol.com/

Stock Market LIVE Updates | Nifty 50 trades near record high, led by L&T, Titan

Stock Market LIVE Updates | Lithium Mining Boost: Here’s Why NALCO And Hindustan Copper Are In FocusKhanij Bidesh India Ltd. (KABIL), a joint venture between NALCO Ltd., Hindustan Copper Ltd., and Mineral Exploration Company Ltd. signed an agreement with Argentina-based CAMYEN SE for the first-ever Lithium exploration and mining project.
The agreement gives KABIL exclusive rights to evaluate, prospect and explore and subsequent to discovery of Lithium, exploitation rights for commercial production for five Lithium brine blocks in the Catamarca Province of Argentina.
Read more here
Jan 16, 2024 7:50 AM
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Source: https://www.cnbctv18.com/market/stock-market-live-updates-nifty-50-sensex-today-hdfc-bank-aster-dm-lic-shares-jio-fin-earnings-liveblog-18808371.htm/amp

RBI Grants Approval For Satish Kumar Kalra As MD & CEO Of Slice-Backed North East SFB

  Bengaluru-based fintech Slice-backed North East Small Finance Bank (NESFB) has recently revealed the appointment of Satish Kumar Kalra as its interim managing director (MD) and chief executive officer (CEO). This significant move comes as part of the ongoing merger process between Slice and NESFB, marking a unique development in the fintech and banking space. Approval from the Board and RBI NESFB announced that the appointment of Satish Kumar Kalra as the interim MD and CEO has received approval from both the bank’s board and the Reserve Bank of India (RBI). Kalra, a seasoned professional with over four decades of experience in the banking industry, is expected to play a crucial…
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Source: https://currentaffairs.adda247.com/rbi-grants-approval-for-satish-kumar-kalra-as-md-ceo-of-slice-backed-north-east-sfb/amp/

Bandhan Bank share price Today Live Updates : Bandhan Bank sees upward trend in trading

Bandhan Bank Share Price Today : On the last day, Bandhan Bank opened at ₹231.45 and closed at ₹230.1. The stock reached a high of ₹233.45 and a low of ₹230. The market capitalization of the bank is ₹37,220.02 crore. The 52-week high and low for the stock are ₹272 and ₹182.2 respectively. The BSE volume for the day was 311,426 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

16 Jan 2024, 11:29 AM IST
Bandhan Bank January futures opened at 231.3 as against previous close of 231.4
Bandhan Bank is currently trading at a spot price of 232.25….
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Source: https://www.livemint.com/market/live-blog/bandhan-bank-share-price-live-blog-for-16-jan-2024/amp-11705372792075.html

Indusind Bank share price Today Live Updates : Indusind Bank’s stock plummets in trading today

Indusind Bank Share Price Today : On the last day of trading, the open price of Indusind Bank was ₹1685, while the close price was ₹1673.3. The stock reached a high of ₹1694.35 and a low of ₹1669 during the day. The market capitalization of the bank stands at ₹131,343.41 crore. The 52-week high for the stock is ₹1677.6, while the 52-week low is ₹990.25. The BSE volume for the day was 164,958 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

16 Jan 2024, 11:15 AM IST
Indusind Bank share price live: Today’s Price range
The current day’s high…
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Source: https://www.livemint.com/market/live-blog/indusind-bank-share-price-live-blog-for-16-jan-2024/amp-11705373066138.html

Karur Vysya Bank stocks plummet as investors sell off

16 Jan 2024, 08:31:04 AM ISTKarur Vysya Bank share price Live :Karur Vysya Bank closed at ₹168.55 on last trading day On the last day of trading for Karur Vysya Bank on the Bombay Stock Exchange, the volume of shares traded was 366,112. The closing price for the shares was ₹168.55.
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Source: https://mintgenie.livemint.com/amp/news/markets/karur-vysya-bank-share-price-live-blog-for-16-jan-2024-151705374059633

RBI may shift policy stance to neutral by June: Nomura, CFO News, ETCFO

The Reserve Bank may shift the monetary policy stance to “neutral” by June and deliver rate cuts starting August this year, a Japanese brokerage said on Monday. Pointing out to softer core inflation ‘or price rise in items excluding food and fuel’ in the data released for December, Nomura said there is a need for the policy to pivot towards an easier regime after the extended pause. The brokerage reiterated its earlier view of rate cuts being expected from August onwards, and pegged the quantum of cuts at 1 percentage point. “We expect 1 per cent of rate cuts cumulatively starting August, with a change of stance to ‘neutral’ in Q2, with…
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Source: https://cfo.economictimes.indiatimes.com/news/policy/rbi-may-shift-policy-stance-to-neutral-by-june-nomura/106884006

Axis Bank CEO Amitabh Chaudhry says India in a better place for economic growth

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India is in a better place today to speed up economic growth helped by the approach of the current government, Axis Bank Ltd. Chief Executive Officer Amitabh Chaudhry said.
“We have elections coming up in mid-2024 and we expect the current government to come back to power,” Chaudhry told Bloomberg Television’s Haslinda Amin in Davos, Switzerland. “It should be helpful for India to really achieve some of the goals and some of the aspirations people have talked about,” he said, adding that “things are…
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Source: https://www.moneycontrol.com/news/business/axis-bank-ceo-amitabh-chaudhry-says-india-in-a-better-place-for-economic-growth-12058161.html/amp