Based on the account number and IFSC code, the customer will be able to fetch the beneficiary’s account name from the bank’s core banking solution (CBS). The facility will also be available to remitters visiting branches for making transactions.
Asian stocks hit a record high, fueled by a surge in technology shares and easing geopolitical tensions. South Korea’s SK Hynix reached a $1 trillion
Gilt funds invest in government securities. These funds are sensitive to interest rate changes. Rising yields have recently led to weak returns for gilt funds.
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