Weekly Newsletter | 02 November 2016 | Volume 02 | Issue 42
In Focus
IT spending in India by banking, securities firms to reach $7.8 bn in 2017: Gartner
Market research and advisory company Gartner predicts that IT spending by banking and securities firms in India is set to reach $7.8 billion in 2017...
Latest News
UBI, NIIT to offer course in banking and finance
Government-owned financial services company United Bank of India (UBI) and NIIT Institute of Finance Banking and Insurance Training (IFBI)...
SBI orders 7,000 ATMs in deal with NCR Corp.
The State Bank of India (SBI) has joined hands with US-based ATM manufacturer NCR Corporation to install over 7,000 cash-vending machines...
Dena Bank, SBBJ cut their benchmark lending rates
Public lenders Dena Bank and State Bank of Bikaner and Jaipur (SBBJ) have cut their benchmark lending rates by up to 0.1 per cent...
Govt goes back on policy of hiring private talent for public banks
The government has decided to go back on its policy of hiring honchos from the private sector to take charge of public banks...
Cyrus Mistry sacked, Ratan Tata joins as interim chief
In a sensational development that took India Inc. by surprise, Cyrus Ministry was sacked as the Chairman of Tata Sons. Mistry was appointed...
ESDS Software collaborates with Red Hat on managed cloud hosting
Cloud solutions provider ESDS Software Solution has joined hands with Red Hat, the world’s leading provider of open source solutions, to bring...
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