India’s GDP may drop to 7.2 percent in second half of 2018: Report
India’s Gross Domestic Product (GDP) that accelerated to 7.7 per cent in January-March quarter due to robust performance by manufacturing…
31 JUL 2018
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Surendra Rosha appointed as HSBC India’s new CEO
The Hongkong and Shanghai Banking Corporation (HSBC) have appointed Surendra Rosha as its new Chief Executive Officer for India operations.…
31 JUL 2018
IBA to meet bank unions today to discuss wage hike
In a bid to bring a solution on the ongoing chaos on bank wage hike, the apex banking body Indian…
30 JUL 2018
Paytm to open new campus in Noida, buys 10-Acre Plot
E-payments giant Paytm is planning to shift its headquarters to Noida, Uttar Pradesh and bought a 10 Acre plot in…
28 JUL 2018
Swiss bank reports 80% drop in deposits from Indians during NDA tenure: Govt
The amount of deposits in Swiss bank by Indians have reported a steep decline by 80 per cent during National Democratic Alliance…
25 JUL 2018
Around 24 banks sign-in for Project Sashakt to combat NPAs
In a bid to speed up the recovery of Non-Performing Assets (NPAs), around 24 banks have signed inter-credior agreement (ICA)…
25 JUL 2018
Federal Bank gets RBI’s nod, set to enter Bahrain, Kuwait, Singapore
Kochi-based private sector lender Federal Bank has received the final regulatory approval from the Reserve Bank of India (RBI) to…
23 JUL 2018
ATMs on fraud risk, 74% PSB ATMs run on outdated software
ATMs machines in India are running on high fraud risk and as high as 74 per cent of these machines…
21 JUL 2018
Allahabad Bank likely to shut Hong Kong branch
For rationalisation of its overseas operations, public lender Allahabad Bank is proposing to shut its Hong Kong branch. This move is…
21 JUL 2018
Here comes the Lavender: RBI to issue new Rs 100 notes soon
The Reserve Bank of India (RBI) will very soon be issuing Rs 100 banknotes of base colour Lavender. This will…
19 JUL 2018
