RBI refers manned ATMs as branches
Despite having highest mobile banking penetration in Asia, Indians are still hugely dependent on ATMs and branches, says a Reserve…
12 OCT 2016
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Muthoot finance join hands with TechProcess
In a bid to ease up the loan collection process, gold finance honcho Muthoot has tied up with TechProcess. As…
12 OCT 2016
Canara Bank chosen as a partner for HEFA
The government has chosen Canara bank as the joint venture partner for the establishment of a Higher Education Financing Agency.…
12 OCT 2016
RBI issues operating guidelines for differentiated banks
The Reserve Bank of India (RBI) recently issued operative guidelines for payment banks and small finance banks (differentiated banks). These…
12 OCT 2016
RBL Bank buys 10 per cent stake in Utkarsh Micro Finance
The RBL Bank has bought 9.99 per cent stake of Utkarsh Micro Finance for an undisclosed sum. The move has…
12 OCT 2016
Mahindra Comviva, a big solution to telecom sector’s needs
Mahindra Comviva, that is catering to the needs of telecom sector, provides solutions and means of bringing the telecom operator…
05 OCT 2016
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,…
04 OCT 2016
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…
27 SEP 2016
United Bank of India gets Rs 608 crores from Govt
United Bank of India (UBI) has received Rs 608 crores from the central government through preferential allotment of equity shares.…
27 SEP 2016
SBI’s associate banks soon to submit report on merger to RBI
Taking part in the amalgamation process within the SBI group, its associated banks are soon going to submit the scheme…
27 SEP 2016
