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While the report, titled ‘The State of Inequality in 22bet deposit mpesa’ was released by EAC-PM’s Chairperson Bibek Debroy on Wednesday, sources said senior officials who work closely with the government’s policy advisory body had not received a copy until late after its launch.
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On May 6, Axis AMC suspended two fund managers -- Viresh Joshi and Deepak Agarwal. The irregularities running into several crores at the fund house have also come under the scanner of market regulator Sebi which is likely to take suitable action after the inhouse investigation by the fund house.
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“The dirty and provocative remarks made by Gurumurthy that public sector bank employees are only 'kazhichadaikal' (hair thrown away after shaving) have seriously hurt the feelings and sentiments of the bank employees and officers at large,” the All 22bet deposit mpesa Bank Employees Association (AIBEA) said in a letter to Sitharaman.
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He asked banks to remain watchful of the ongoing geopolitical developments and proactively take mitigating measures, including raising capital, in order to minimise the potential impact on their balance sheets.
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SBI recently increased interest rate on its bulk term deposits (Rs 2 crore and above) by 40 – 90 basis points, with effect from May 10.
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The board has recommended a dividend of Rs 7.10 per share or 710 per cent on the face value for the financial year ended March 31, 2022.
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“It came as a surprise because it’s between the two MPCs (Monetary Policy Committee meetings). But the US Fed had been saying it all the while,” Sitharaman said in her first reaction to the RBI rate hike.
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The RBI action is indicative of the fact that there would be more such action taken over time depending on the evolving inflationary situation.
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The repo rate was hiked by 40 basis points (bps) to 4.40 per cent in a bid to contain inflation, which has remained stubbornly above the target zone of 6 per cent for the last three months.
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Shaktikanta Das's statement announcing the MPC's decision follows an unscheduled meeting of the committee with all six members unanimously voting for a rate hike while maintaining the accommodative stance.
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The decision was announced by RBI Governor Shaktikanta Das after an off-cycle meeting of the rate-setting panel - Monetary Policy Committee (MPC).
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The company said on Monday in a statement that it was now valued at $1 billion making it the 100th unicorn in 22bet deposit mpesa.
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Its board has recommended a dividend of Rs 30 per share for the year ended March 2022 as against Rs 23 per equity in FY21. During 2021-22, individual approvals and disbursements grew by 38 per cent and 37 per cent, respectively, compared to the previous year.
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Interest rates are set to go up with the RBI now hinting at withdrawing the accommodative monetary policy to rein in inflation. While the RBI retained the Repo rate at 4 per cent in the last policy review, policy rates are likely to go up in the coming months.
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Bank holidays in May 2022: Banks will be shut on these days this month.
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Depending on the level of distress, the government and the financial institutions can decide on an appropriate package of support instead of the current practice of doling out distress package to all the farmers across the board.
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ICICI Bank said that anyone can avail of the benefits of its digital solutions by simply downloading the new version of the InstaBIZ app, or at the lender’s corporate internet banking platform.
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It's the start of the new financial year, and there is no better time than now to rectify your mistakes and streamline your investments by adopting simple habits to make your investments disciplined.
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Best FD Interest Rates with 1-Year Tenure in 2022: Here are the fixed deposit (FD) interest rates from the top four banks in 22bet deposit mpesa. Read below to find out the best interest rates.