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Khammam police arrests three bank employees in Rs 547 crore cyber fraud case
Police arrested three CSB Bank employees in connection with a Rs 547 crore cyber fraud case in Khammam. The accused allegedly aided the main offender, while efforts are on to trace other absconding suspects involved in the case
cityfalcon.com·2d ago
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VinFast India Partners with CSB Bank to Deliver Comprehensive EV Financing Solutions
Gurugram (Haryana) [India], March 24: VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with CSB Bank, India's oldest private sector bank, to provide auto and inventory financing for its exclusive dealer network. The partnership aims to deliver a comprehensive and convenient suite of credit solutions for potential customers of the premium electric SUVs VF 6 and VF 7, supporting VinFast's growth strategy in the world's third-largest automotive market.
cityfalcon.com·11d ago
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VinFast Auto India partners with CSB Bank for EV financing
VinFast Auto India has partnered with CSB Bank to offer auto and inventory financing for its dealer network and customers. The tie-up will provide credit solutions for buyers of its electric SUVs, VF 6 and VF 7, and support dealer operations as the company expands in India.
cityfalcon.com·12d ago
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CSB Bank Transfers 34,000 ESOP Shares to Employees
An announcement from CSB Bank Ltd. ( ($IN:CSBBANK) ) is now available. CSB Bank Ltd., a private-sector lender based in Thrissur and listed on BSE a...
cityfalcon.com·26d ago
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Indian bonds rise on U.S. Treasury rally, ample cash
MUMBAI: Indian government bonds rose on Monday, following a surge in U.S. Treasuries and comfortable domestic liquidity, though lingering supply concerns contained the advance. The benchmark 6.48% 2035 bond yield settled at 6.6642%, down from 6.6799% on Friday. Longer-duration securities’ yields eased the most, with the 15-year yield at 7.068%, down around 4 basis points, while the 40-year bond yield was at 7.4520%, down 4.5 bps. Bond yields move inversely to prices. The 15-40 year bond yields have risen 40-50 basis points so far in fiscal year 2025-26, even after the Reserve Bank of India delivered 100 basis points of interest rate cuts, due to patchy demand from insurers and pension funds and rising supply worries. Traders said that current yield levels were attractive for re-entry, especially with liquidity back in surplus and reduced near-term supply after New Delhi conducted a debt switch operation. Investors still flagged that sustained easing in yields may require support from the RBI via buybacks, open market operations, or steps to shorten supply duration. “RBI liquidity support is necessary for yields to sustain at lower levels,” said Alok Singh, head of treasury at CSB Bank. “If liquidity stays in surplus, supply won’t be a challenge.” Average daily system liquidity surplus so far in February stands at 2.62 trillion rupees, compared with 660 billion rupees in January.
cityfalcon.com·2mo ago
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