Articles for tag: apprentices, Banks, Customer, Declining, Enhance, Focusing, Hiring, Improvement, Numbers, Relations, rural, Service, Staff, StateOwned

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State-owned banks are hiring apprentices to enhance customer relations, amid declining staff numbers, focusing on rural service improvement.

State-owned banks are hiring apprentices to enhance customer relations, amid declining staff numbers, focusing on rural service improvement.

Several public sector banks in India are launching apprenticeship programs to enhance customer service, particularly in semi-urban and rural areas. Union Bank of India, Canara Bank, and Indian Overseas Bank are recruiting a combined total of over 4,000 apprentices, offering stipends up to Rs 15,000. These apprentices will focus on improving customer relations, understanding client ...

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Sumant Kathpalia’s reappointment as IndusInd Bank’s CEO heralds a crucial era, pending RBI approval, as he aims for transformative growth.

Sumant Kathpalia’s reappointment as IndusInd Bank’s CEO heralds a crucial era, pending RBI approval, as he aims for transformative growth.

IndusInd Bank has announced the re-appointment of Sumant Kathpalia as its managing director and chief executive officer for another three years, effective March 24, 2025, pending necessary approvals from the Reserve Bank of India and shareholders. Kathpalia has held the position since March 2020 and previously received a two-year extension in March 2023. Under his ...

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Sebi probes investment banks for inflated IPO fees, revealing potential malpractices in India’s booming small business offerings.

Sebi probes investment banks for inflated IPO fees, revealing potential malpractices in India’s booming small business offerings.

India’s securities regulator, SEBI, is investigating six investment banks over high fees related to small business IPOs, which are reportedly reaching 15% of funds raised—far above the typical 1-3% range. This investigation, which started earlier this year, aims to combat malpractice in a booming IPO Market. SEBI is concerned that these inflated fees encourage artificial ...

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HDB Financial Services launched a Rs 2,500 crore IPO, showcasing robust growth and a promising future under HDFC Bank’s guidance.

HDB Financial Services launched a Rs 2,500 crore IPO, showcasing robust growth and a promising future under HDFC Bank’s guidance.

HDB Financial Services Ltd, a part of the HDFC Group, has received approval for its initial public offering (IPO), aiming to raise up to Rs 2,500 crore. This IPO includes a fresh issuance of shares and an offer for sale by existing shareholders, pending necessary approvals and Market conditions. Currently, HDFC Bank holds a significant ...

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Union Finance Minister Nirmala Sitharaman emphasizes banks’ vital role in achieving India’s 2047 development goals through sustainable growth and technology.

Union Finance Minister Nirmala Sitharaman emphasizes banks’ vital role in achieving India’s 2047 development goals through sustainable growth and technology.

Union Finance Minister Nirmala Sitharaman emphasized the vital role of the banking sector in achieving India’s goal of becoming a developed nation by 2047. Speaking at the 90th foundation day of the Bank of Maharashtra, she outlined key pillars for a prosperous India, including economic growth, social progress, environmental sustainability, and good governance. Sitharaman urged ...

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Finance Minister Nirmala Sitharaman urges banks to drive India’s development goals by 2047, emphasizing the need for security in digital banking.

Finance Minister Nirmala Sitharaman urges banks to drive India’s development goals by 2047, emphasizing the need for security in digital banking.

Union Finance Minister Nirmala Sitharaman emphasized the vital role of the banking sector in transforming India into a developed nation by 2047 during a recent event celebrating the 90th Foundation Day of the Bank of Maharashtra. She highlighted the need for banks to support infrastructure growth, provide targeted funding for MSMEs, and include unbanked populations ...

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UBS Offloads ₹4,961 Crore in Shares; Eyes Bandhan Bank’s Future

UBS Offloads ₹4,961 Crore in Shares; Eyes Bandhan Bank’s Future

UBS Group AG, a Swiss financial giant, recently sold shares in seven companies, including Oil India and Dixon Technologies, for a total of Rs 4,961 crore through open Market transactions on the National Stock Exchange (NSE). UBS Principal Capital Asia was the main vehicle for these transactions, offloading significant shares in companies like Rail Vikas ...

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Big Banks Team Up with Mastercard to Revolutionize Payments: Test Token-Based Ledger System for Faster Settlements

Mastercard and top banks are collaborating to test a new ledger system for tokenized settlements. This innovative technology has the potential to revolutionize how transactions are processed and could greatly enhance security and efficiency in the banking industry. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This ...

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