Category : Banking


MSIL Expands Chit Fund Business in Rural Karnataka

State-run Mysore Sales International Ltd (MSIL) is formalizing its NBFC operations and targeting rural expansion in Karnataka by partnering with self-help groups (SHGs) and hiring recently retired bankers to boost its chit fund business.

Rupee Dips 1 Paisa to 90.96 vs US Dollar

The Indian rupee declined marginally by 1 paisa, closing at 90.96 against the US dollar in forex trading, with a stable session and narrow trading range observed.

Haryana ACB Files FIR Against IDFC First Bank in Fraud Probe

The Haryana Anti-Corruption Bureau has registered an FIR against IDFC First Bank, launching a probe into alleged financial irregularities and fraud. The case involves accusations of misconduct by bank officials, with investigations ongoing.

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