BFSI Weekly Newsletter: April 21, 2015, Volume 02, Issue 15
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Abraham Chacko, Executive Director, Federal Bank, shares his views with Elets News Network (ENN), about the use of technology in making financial inclusion an existing reality. Read More




Banks can now offer differential rates to fixed deposit holders
This move will help build a base of medium-to-long-term assured deposits, enabling banks to better handle asset-liability issues. Read More
Automatic info exchange can tackle black money: Jaitley
The free flow of financial account information among countries on an automatic basis is the need of the hour,  the Finance MInister said. Read More
FinMin seeks list of wilful bank loan defaulters
The Finance Ministry has asked all public sector banks to submit a comprehensive data on wilful loan defaults by the end of this month. Read More
SBI plans to add 8,000 more ATMs this fiscal
State Bank of India (SBI) is planning to add another 8,000 ATMs this fiscal for both accepting and dispensing cash. Read More
Replacing the older version of money order service, electronic version is available at the same service charge. Read More


ATMs Barrier to Cashless Economy!

On one hand, we are advocating a cashless economy, while on the other, we are installing ATMs everywhere, helping people withdraw more and more. Read More

G B Bhuyan,
General Manager - Financial Inclusion, Bank of Baroda
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