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  • Current Issue
    Issue Dated Oct 19 2015
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  • Current Issue
    Issue Dated Oct 19 2015
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A focus on the retail business and technology helped the bank tide over a difficult year
The government targets to disburse Rs 1.22 lakh crore loan to micro and marginal businesses under the MUDRA scheme by the end of the current fiscal, Finance Minister Arun Jaitley said today.
Citibank India on Thursday (24 September) has launched a new retail banking platform, Citi Priority, to service the growing base of the aspirational and financially progressive consumers in the cou
Hiring activities in sectors like banking and finance have seen maximum increase, followed by Healthcare, Pharmaceuticals, IT Software, Telecom and Media and entertainment industries says a new sur
Test preparation firm, Career Power, has been entrusted the responsibility to organise a training workshop for SC/ST and minority students appearing for the forthcoming IBPS PO exams by the Institu
India is considering raising foreign ownership in private banks to 100 percent, a business newspaper reported on Thursday, citing a senior government official.  
Prime Minister Narendra Modi is set to meet bosses of loss-making electricity utilities on Monday to debate a rescue package for a sector whose vast debts weigh on the banking system and undermin
By Raj Liberhan
Non-performing Assets' issue in Indian banking is set to be worsen in coming years, according to banking survey by EY consulting.
The Reserve Bank of India (RBI) issued draft guidelines on Tuesday (01 September) for its proposed plan to change how banks calculate their lending rates, which would make them more responsive to
The Reserve Bank of India (RBI) listed State Bank of India and ICICI Bank as the country's two "systemically important banks", lining them up for tougher supervision to avoid collapses that would r
After repeated chiding by RBI chief Raghuram Rajan on banks not passing rate cut benefits to consumers, HDFC Bank today lowered its base lending rate by 0.35 per cent to 9.35 per cent -- the lowest
There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on 29 September thanks to inflation striking a record low, according to a Reute
The Rs 20,000-crore private security industry in general, and the ATM security sector in particular, is in for a big churn if plans of the Kerala-based Muthoot Pappachan Group to meet their safety
Indian mobile technology firm, ACL Mobile, marked 1 billion messaging per month, in July 2015 with a whopping volume of 1,066,293,731 messages.
InfrasoftTech, digital solutions firm for BFSI, has launched QRys (read as Curious) to simplifies contactless payments using QR codes and NFC enabling card-less payments with high security.
With inflation under control, lending rates will gradually come down as India is moving towards softer interest rate environment, largest private sector lender ICICI Bank CEO Chanda Kochhar said
With the enactment of the Insurance Laws (Amendment) Act, 2015 ("Insurance Amendment Act"), there has been a perceptible increase in interest in the insurance sector.
There is no secret to maintaining a good credit score. Paying your bills on time, every time, staying at a good distance from your credit limi, writes Ranjit Punja
Despite the Free Trade Agreement talks with the European Union being in limbo, India has received an impressive $24 billion in Foreign Direct Investment from the 28-nation bloc over the last three
Over 100 CFOs from the city participated in the prestigious event, reports Suchetana Ray
Banking For A $20-trillion Economy
Rana Kapoor lists the developments which will shape the banking industry in India’s journey towards a $20- trillion economy
RBI’s new scheme to reign in errant promoters is solid on paper, but it may not work in the real world in its current avatarBy Raghu Mohan
The United States Department of Justice is investigating trades worth billions of dollars that Germany's Deutsche Bank AG made on behalf of its Russian clients, Bloomberg reported, citing people
IDBI Bank has launched its first self service Mini Branch Kiosk at its Cuffe Parade, Mumbai Branch.
Will Reserve Bank of India (RBI) governor Raghuram Rajan spring a surprise by cutting the repo rate 25 basis points in its monetary policy review on Tuesday (04 August)?
ICICI Bank Ltd, India's biggest private sector lender by assets, reported a marginally better-than-expected 12 per cent rise in quarterly profit and said its bad-loan ratio fell sequentially, sen
India's second-biggest state-run lender by assets Bank of Baroda forecast growth in troubled loans to slow in the coming quarters due to its moves to curb risk, as it posted a quarterly profit that
Punjab National Bank (PNB), India's fourth-largest state lender by assets, could take control of some of the country's most heavily indebted steel companies and sell them on as part of a restruct


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