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
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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
Bank deposits growth rate surged to its maximum in more than a decade
Flow from the 7th Pay Commission payments and doubled credit to deposit ratio, causes bank deposits growth rate to be…
20 SEP 2016
Humanoids may soon greet you at HDFC Bank branches
Don’t be taken aback if you find a robot at your HDFC Bank branch greeting you soon, as the second…
30 AUG 2016
Ratan Tata, Nilekani, Kelkar come together for micro-finance company
Having put his stamp on the country’s start-up space, Industrialist Ratan Tata is now setting up a micro-finance company in…
30 AUG 2016
YES Bank joins credit card segment, plans aggressive marketing
YES Bank, the private sector lender, is the latest to join the credit card space. It plans go aggressive in…
24 AUG 2016
Global investment in fintech firms totals $99.4bn in Q2: Report
Global investments in financial technology (fintech) companies across venture-backed and non-venture-backed firms totalled $9.4 billion in Q2 (April-June) of this…
22 AUG 2016
Malware creators join forces, push financial attacks up 16%: Report
There has been a 16% rise in financial attacks in the light of collaboration between authors of two leading banking…
16 AUG 2016
Bajaj Allianz Life looks at new bank tie-ups to foster growth
Bajaj Allianz Life Insurance is looking forward for tie-up with more banks for boosting business growth, a top official has…
09 AUG 2016
HDFC standalone net up 37%
Continuing a strong performance, the HDFC booked a 37 percent year-on-year (y-o-y) growth in net profit during first quarter of…
28 JUL 2016
