Tags Posts tagged with "banks"

Tag: banks

Investments on IT from Indian Banks to reach $ 9 billion...

Indian banks and security firms will be investing more in perking up their Information and Technology (IT) infrastructure during 2017, according to Global research...

Non-Banking Financial Companies– Scripting Dawn of New-Age Banking

With India striving to join the developed nations’ club, there is a lot that needs to be done in various sectors. As the country’s...

Credit growth hits a new low, slips to 8.1% in FY...

Deepening the crisis prevailing in the banking segment, the credit growth of all banks have now slipped to 8.1 per cent in 2016-17 from...

Banks must transform amid all challenges: Shiv Kumar Bhasin

The banking industry in India is rapidly upgrading in sync with technology. Banks are no longer limited to physical transactions and have now transformed...

Rajya Sabha clears the banking regulation bill 

Rajya Sabha has cleared the Banking Regulation (Amendment) Bill, 2017, replacing the ordinance promulgated in May. This bill will reportedly empower the Reserve Bank of...

Govt mulls consolidation, 21 PSU banks to come down to 12

The Central Government is yet again all set for consolidation and as per its plan, 21 public sector banks may come down to 12. Reportedly, public...

DCB Bank unveils DCB TravelSmart

DCB Bank has announced the launch of DCB TravelSmart - a multi currency foreign exchange card for for resident Indians travelling abroad. DCB TravelSmart can...

‘Over Rs.5000 in old notes to be deposited only once before...

Finance Ministry and the Reserve Bank of India (RBI) have directed cash deposits exceeding Rs 5,000 in old notes can be deposited only once...

Indian Bank revises its interest rates in FCNR (B) deposits

The Indian Bank has revised its rates in the foreign currency non-resident banking deposits. For the deposits in US Dollar, the revised interest rates has...

Australia’s Commonwealth Bank to shut down Indian operations

Australia's largest lender Commonwealth Bank, with $695 billion in assets is the latest banking foreign bank is closing its Indian business following its larger...