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The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
CAMS was founded in early 1988 by V Shankar working in software development and computer education. During Y2K, CAMS pivoted to domestic financial services.. The Indian financial services industry experienced a renaissance in the period 1997/8-2006/7, with changes in regulation, products, and supporting infrastructure.
Anna Salai (Tamil: [aɳɳaː saːlaɪ]), formerly known as St. Thomas Mount Road or simply Mount Road, [1] is an arterial road in Chennai, India. It starts at the Cooum Creek, south of Fort St George , leading in a south-westerly direction towards St. Thomas Mount , and ends at the Kathipara Junction in Guindy . [ 2 ]
On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [23] [24] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
To qualify for an HDFC unit, one must possess some liquidity because HDFC cooperatives are cash strapped and tend to look for buyers with a large amount of cash for down payments or cash-only sales. This can disqualify many people with low incomes that cannot afford to make the down payments required by the HDFC co-ops.
Located on the arterial Anna Salai, the building has a total built-up area of 399,000 sq ft. It is one of the earliest Grade A commercial projects of the city, which were developed in the second half of the 1990s.
FundsIndia (est. 2009) is an online investment website headquartered in Chennai, Tamil Nadu. [3] [4] The website is owned by Wealth India Financial Services Pvt. Ltd. [2] It was initially created just for mutual funds but later introduced other investment products like stocks, corporate fixed deposits, bonds, and more. [5]
In 1947, the school acquired the status of a high school. Since then, it has been serving the residents of the neighbourhood and beyond. With the introduction of the Higher Secondary section in the academic year 1985–86, the history of the school took a new and exciting turn.