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Category: Business

IDBI increases deposit rates

One of the leading Indian bank IDBI has increased the deposit interest rates for Retail (Resident /NRO/NRE) Term Deposit (RTD), Recurring Deposit (RD) and Premium term deposit with effect from June 18, 2018. According to a bank’s press release, the…

Marg ERP Limited partners with ICICI Bank

Marg ERP limited, a leading Enterprise Resource  Planning (ERP) company has partnered with ICICI Bank, India’s largest private sector bank by consolidated assets, to offer an integrated payments platform to Micro, Small and Medium Enterprise (MSME) customers, using Marg’s accounting…

Amazon launches Cashback Carnival

Amazon India on Friday announced two days Cashback Carnival for beginning June 9. The offer will enable customers to enjoy a Cashback of 10 per cent (up to Rs 800) on purchases over Rs 2000 made through pre-paid modes of…

RBI hikes key rates

The Reserve Bank of India (RBI) on Wednesday raised its key policy as the Repo rate by 25 bps to 6.25 per cent, in its second bi-monthly meeting of this fiscal. The reverse repo rate under the LAF stands adjusted…