LIC Chairman resigns two years ahead of term
State-run Life Insurance Corporation of India (LIC) chairman S K Roy has reportedly tendered resignation two years before his term…
23 JUN 2016
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IDBI Bank approaches shareholders to raise capital
In order to raise Rs 8,000 crore through an equity offer, IDBI Bank has sought requisite approval from shareholders, the…
22 JUN 2016
UPI to become available for public use next month
National Payments Corporation of India’s (NPCI) Unified Payments Interface (UPI) which was launched in April is all set to become…
22 JUN 2016
Mobile banks for unbanked Gram Panchayats on cards in Odisha
In its bid to provide banking services in the unbanked gram panchayats, Odisha government is contemplating to join hands with…
21 JUN 2016
Talent implications of banking sector in India
Amogh Deshmukh, Member, Key Leadership Team, DDI India elaborates on emerging opportunities in the banking domain and a range of…
21 JUN 2016
Bankers meet central agencies to discuss resolution of bad loans
The Reserve Bank of India (RBI) on Wednesday convened a meeting between public sector banks, Banks Board Bureau, Central Bureau…
16 JUN 2016
SBI creates Rs 200 crore fund to support fintech start-ups
With an aim to financially assist start-ups in the financial technology domain, State Bank of India on Thursday has set…
16 JUN 2016
Cabinet okays merger of 5 associate banks with SBI
Putting all speculations to rest, Union Cabinet on Wednesday approved the takeover by country’s largest lender—State Bank of India (SBI)…
16 JUN 2016
India Post Payments Bank to open 650 branches in all major districts
Communications and IT Minister Ravi Shankar Prasad has said that Department of Posts’ payment bank will establish 650 branches by…
13 JUN 2016
IFC emerges as top contender to buy IDBI stake
International Finance Corporation (IFC)— private sector lending arm of the World Bank has become the top contender to buy around 15…
13 JUN 2016
