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India Post Payments Bank starts operations

India Post Payments Bank, a state-owned challenger bank under the Indian government’s Department of Posts, has launched operations. The bank, which launched by the Indian …

LIC set to buy 7% additional stake in IDBI Bank

Life Insurance Corporation of India (LIC), the state-owned insurance group, has decided to acquire around 7% additional stake in IDBI Bank through a preferential issue. …

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