ICICI Bank cuts interest rates on bulk deposits by 15-25 bps
In a move that may dishearten people, ICICI Bank Ltd has slashed interest rates on bulk deposits by 15-25 basis…
03 MAY 2016
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Ujjivan gears up to open 100 branches to meet small bank licence norms
After launching a Rs 885 crore initial public offering (IPO), Microfinance firm— Ujjivan Financial Services Ltd has decided to open…
03 MAY 2016
Paytm partners with Wipro to develop CBS for its payments bank
India’s ace mobile commerce company—Paytm which is slated to get payments bank licence, on Monday, roped in IT services giant…
02 MAY 2016
HDFC posts 31% surge in fourth quarter net profit
Housing Development Finance Corporation (HDFC) Ltd, on Monday posted a surge of 31 per cent in net profit for the…
02 MAY 2016
Appraisal baton passes from bosses to software in SBI
In order to accurately assess employees’ performance, the State Bank of India (SBI) has introduced automated employees’ appraisal system which…
02 MAY 2016
Enterprise SMS sector growing at 30%, says ACL Mobile CEO, Sanjay Goyal
ACL Mobile is a leading provider of enterprise mobile messaging, mobile payments and free mobile internet to enterprises in India.…
02 MAY 2016
HDFC Bank plans to seek investor nod to raise up Rs.50,000 crore
In order to raise Rs 50,000 crore through private placement of various securities, HDFC Bank has announced that it would…
30 APR 2016
ICICI Bank’s ED in-charge volunteers for early retirement
ICICI Bank on Friday announced that the Executive Director in-charge of the operations group of ICICI Bank Limited and president…
30 APR 2016
Empowering weaker section of society
Narmada Jhabua Gramin Bank (NJGB), Chairman, K V Raghavendra, in an interview with The Banking and Finance Post magazine, talks…
30 APR 2016
No performance bonus for ICICI Bank top brass
The largest private sector lender, ICICI Bank, has decided not to give performance bonus to its senior management for FY16.…
30 APR 2016
