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Kotak Mahindra General Insurance, Repco Home Finance ink pact

Chennai: Private sector Kotak Mahindra General Insurance Wednesday said it has signed an agreement with Repco Home Finance to deliver its insurance products. As per the agreement, Repco Home Finance will represent Kotak General Insurance as a ‘corporate agent’ and would retail the latter’s general and health insurance products...
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Irving subprime auto lender Exeter Finance prepares to go public

Exeter Finance Corp., an Irving-based auto lender that specializes in subprime loans, is filing to become a publicly traded company. Exeter, backed by private equity giant Blackstone Group, plans to list as XTF on the New York Stock Exchange, according to a regulatory filing this week with the U.S. Securities and...
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Terror finance unit only has two staff

The Terrorist Financing Intelligence Unit receives around 880 suspicious transaction reports (STRs) with potential links to international terrorism on average per year. The unit sends about 95 reports every year to Garda Security and Intelligence (S&I) for investigation. The finance unit is tasked with examining referrals regarding financial transactions...
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European Finance Regulators Call for Bloc-Wide Crypto Rules

Two major European regulators have separately called for cryptocurrency and ICO rules at the EU level. Firstly, the European Banking Authority (EBA), a regulatory agency of the EU, has urged the European Commission to examine whether unified crypto rules are needed across the region. In a report published Tuesday, the...
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Repco Home Finance elevates COO

Repco Home Finance on Thursday said it has elevated the present Chief Operating Officer Yashpal Gupta in the capacity of Managing Director and Chief Executive Officer with immediate effect. “..board at its meeting held Thursday, has appointed Yashpal Gupta the present Chief Operating Officer as additional director in...
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