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ANZ’s $3.2B Takeover of Suncorp Banking Arm Decision Revealed on Tuesday morning in Sydney, Australia

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ANZ's $3.2B takeover of Suncorp's banking arm decision to be revealed in Sydney - Stay tuned for the latest on the Australian financial landscape!

FinTech Australia Partners with ANZ and Westpac for Reverse Pitch Event, Driving Innovation in Banking Sector

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FinTech Australia partners with ANZ and Westpac for a reverse pitch event, connecting fintech startups with major banks to drive innovation in the banking sector. Join now to showcase your creative solutions!

RBI Proposes Lower NPA Ratio for Bank Dividends, Effective FY25, India

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RBI proposes lower NPA ratio for bank dividends starting FY25, allowing greater flexibility in dividend declaration. Banks with <6% net NPAs eligible.

Bangladesh’s Foreign Exchange Reserves Depleted as Short-Term Loan Repayments Exceed Borrowings

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Bangladesh's foreign exchange reserves decline as short-term loan repayments surpass borrowings, causing a deficit in the financial account. The low reserve coverage raises concerns about creditworthiness and hampers the availability of crucial short-term loans. Measures are needed to improve dollar liquidity and attract foreign lenders.
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IndusInd Bank’s Promoter to Raise ₹12,300 Crore to Increase Stake in Lender; Stock Surges

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IndusInd Bank's promoter plans to raise ₹12,300 crore to increase stake in the bank, reflecting confidence in future prospects and commitment to expansion in BFSI sector.

Finance Ministry and RBI are on Same Page with FY24 Growth Forecast: CEA

Business 0
The RBI and the Finance Ministry agree on India's 6.5% GDP growth forecast for FY 2023-24, as per the Chief Economic Adviser. The domestic economy is strong and will overcome external risks, boosted by a robust services sector, investments, and improved fiscal situation. Revenue growth is expected with emphasis on ease of doing business and voluntary compliance.

Tamilnad Mercantile Bank I-T Dept uncovers unreported SFTs for Rs 2,700 cr cash deposits

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Tamilnad Mercantile Bank fails to report financial transactions worth Rs 2,700 crore, highlighting the importance of compliance. Findings by Income Tax Department.

Nischal Maheshwari’s Top 6 Pharma and IT Stock Picks

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Discover top investment picks in India's pharmaceutical and IT sectors, including leading companies like Sun Pharma, Tech Mahindra, and more.

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