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RBL Bank and Bajaj Finance End Co-branded Credit Card Partnership

RBL Bank and Bajaj Finance Ltd. have mutually decided to stop issuing new co-branded credit cards following discussions that have taken place over the past month. While the change will not affect RBL Bank’s overall credit card business, it marks the end of a significant partnership that previously accounted for a large portion of RBL Bank’s card issuances. As of September 2023, Bajaj Finserv co-branded cards represented 41% of RBL Bank’s total credit card issuances.

Business

29 Nov 2024 21:21 PM 1.4k views

RBL Bank and Bajaj Finance End Co-branded Credit Card Partnership

RBL Bank and Bajaj Finance Ltd. have mutually decided to stop issuing new co-branded credit cards following discussions that have taken place over the past month. While the change will not affect RBL Bank’s overall credit card business, it marks the end of a significant partnership that previously accounted for a large portion of RBL Bank’s card issuances. As of September 2023, Bajaj Finserv co-branded cards represented 41% of RBL Bank’s total credit card issuances.

Business

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

HDFC Bank Ltd, India's largest private sector lender, is set to sell ₹9,062.38 crore worth of car loans, amounting to 1,08,711 loans, as part of its strategy to address its increasing credit-deposit ratio. The bank will execute this sale using a financial instrument known as 'pass-through certificates' (PTCs), which provide fixed income to holders from a pool of assets like loans. According to insiders, this transaction may represent the largest PTC sale in India to date.

Business

19 Sep 2024 04:53 AM 1.2k views

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

HDFC Bank Ltd, India's largest private sector lender, is set to sell ₹9,062.38 crore worth of car loans, amounting to 1,08,711 loans, as part of its strategy to address its increasing credit-deposit ratio. The bank will execute this sale using a financial instrument known as 'pass-through certificates' (PTCs), which provide fixed income to holders from a pool of assets like loans. According to insiders, this transaction may represent the largest PTC sale in India to date.

Business

CM Chandrababu Naidu Seeks Major Investment Boost for Andhra Pradesh with Godrej Rs 2800 Crore Deal

In recent months, CM Chandrababu Naidu has focused on driving investment into Andhra Pradesh, engaging with global entities such as the World Bank and Brookfield Corporation, and exploring opportunities in EV and alternative energy sectors. His latest push involves a significant meeting with Godrej Industries, where he discussed a potential Rs 2800 crore investment for pesticide manufacturing in Amarava

Political News

23 Aug 2024 07:14 AM 1.43k views

CM Chandrababu Naidu Seeks Major Investment Boost for Andhra Pradesh with Godrej Rs 2800 Crore Deal

In recent months, CM Chandrababu Naidu has focused on driving investment into Andhra Pradesh, engaging with global entities such as the World Bank and Brookfield Corporation, and exploring opportunities in EV and alternative energy sectors. His latest push involves a significant meeting with Godrej Industries, where he discussed a potential Rs 2800 crore investment for pesticide manufacturing in Amarava

Political News

World Bank Delegation Meets Andhra Pradesh CM

The central government has recently announced a major financial boost for Andhra Pradesh, with Rs 15,000 crore set to be provided through multilateral agencies to support the development of Amaravati, the state’s capital. This announcement has swiftly moved towards action, as evidenced by the meeting between a four-member World Bank delegation and Andhra Pradesh Chief Minister N. Chandrababu Naidu, along with members of the Capital Region Development Authority (CRDA). This meeting is a

Political News

13 Aug 2024 05:42 AM 1.17k views

World Bank Delegation Meets Andhra Pradesh CM

The central government has recently announced a major financial boost for Andhra Pradesh, with Rs 15,000 crore set to be provided through multilateral agencies to support the development of Amaravati, the state’s capital. This announcement has swiftly moved towards action, as evidenced by the meeting between a four-member World Bank delegation and Andhra Pradesh Chief Minister N. Chandrababu Naidu, along with members of the Capital Region Development Authority (CRDA). This meeting is a

Political News

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#idbi-bank-hiring

RBL Bank and Bajaj Finance End Co-branded Credit Card Partnership

RBL Bank and Bajaj Finance End Co-branded Credit Card Partnership

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

CM Chandrababu Naidu Seeks Major Investment Boost for Andhra Pradesh with Godrej Rs 2800 Crore Deal

CM Chandrababu Naidu Seeks Major Investment Boost for Andhra Pradesh with Godrej Rs 2800 Crore Deal

World Bank Delegation Meets Andhra Pradesh CM

World Bank Delegation Meets Andhra Pradesh CM

Kylian Mbappe Leads Real Madrid's Comeback Mission vs Arsenal in Champions League Showdown

Fremont native vanishes during trek on Mount Triund in India

Amazon Cuts More Jobs in Kindle, Goodreads Units

India and China Face 100 Percent Sanctions, Warns NATO If Russia Trade Continues

US–Israel–Iran War | Russia reportedly shares US military intelligence with Iran amid rising tensions

India warns defence suppliers of contract cancellations over delivery delays

Report: What’s happening in Bheemili?

Kia Carens Clavis vs Kia Carens: Key Differences Explained

5 reasons doctors recommend ginger lemon tea during winter

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Kylian Mbappe Leads Real Madrid's Comeback Mission vs Arsenal in Champions League Showdown

Fremont native vanishes during trek on Mount Triund in India

Amazon Cuts More Jobs in Kindle, Goodreads Units

India and China Face 100 Percent Sanctions, Warns NATO If Russia Trade Continues

US–Israel–Iran War | Russia reportedly shares US military intelligence with Iran amid rising tensions

India warns defence suppliers of contract cancellations over delivery delays

Report: What’s happening in Bheemili?

Kia Carens Clavis vs Kia Carens: Key Differences Explained

5 reasons doctors recommend ginger lemon tea during winter

Indian Students in US Must Follow Local Laws, Ministry of External Affairs Warns

#idbi-bank-hiring

RBL Bank and Bajaj Finance End Co-branded Credit Card Partnership

RBL Bank and Bajaj Finance End Co-branded Credit Card Partnership

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates

CM Chandrababu Naidu Seeks Major Investment Boost for Andhra Pradesh with Godrej Rs 2800 Crore Deal

CM Chandrababu Naidu Seeks Major Investment Boost for Andhra Pradesh with Godrej Rs 2800 Crore Deal

World Bank Delegation Meets Andhra Pradesh CM

World Bank Delegation Meets Andhra Pradesh CM

Kylian Mbappe Leads Real Madrid's Comeback Mission vs Arsenal in Champions League Showdown

Fremont native vanishes during trek on Mount Triund in India

Amazon Cuts More Jobs in Kindle, Goodreads Units

India and China Face 100 Percent Sanctions, Warns NATO If Russia Trade Continues

US–Israel–Iran War | Russia reportedly shares US military intelligence with Iran amid rising tensions

India warns defence suppliers of contract cancellations over delivery delays

Report: What’s happening in Bheemili?

Kia Carens Clavis vs Kia Carens: Key Differences Explained

5 reasons doctors recommend ginger lemon tea during winter

Indian Students in US Must Follow Local Laws, Ministry of External Affairs Warns

Popular Cities