ESDS appoints GS Murthy as CEO for global business
ESDS has announced the appointment of technology leader GS Murthy as Chief Executive Officer – Global Business. Murthy has a…
07 MAR 2018
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NERL inks pact with Bank of Baroda for pledge finance
National E-Repository (NERL) has announced its partnership agreement with the Bank of Baroda (BoB) for pledge finance. NERL is a…
06 MAR 2018
Standard Chartered and Godrej Agrovet completes its first TReDS transaction with M1Xchange
In an endeavor to support MSME financing, Standard Chartered Bank has successfully completed its first Trade Receivable Discounting System (TReDS)…
05 MAR 2018
RBI tightens priority sector lending on foreign banks
The Reserve Bank of India has decided to further tighten the priority sector lending (PSL) for foreign banks. This step…
05 MAR 2018
SBI steps up NPA plans, not to fund project finance
In a bid to curb the rising menace of Non-Performing Assets (NPAs), public lender State Bank of India (SBI) has…
04 MAR 2018
Google Tez announces integration with SBI
Google announced the integration of its mobile payment platform Tez with Public Sector lender State Bank of India (SBI). This…
03 MAR 2018
Government closes 35 overseas PSB branches; puts 69 offices under review
The Centre has ordered the shutting down of 35 overseas branches of Indian Public Sector Banks (PSBs) and also reviewing…
03 MAR 2018
SBI revises lending rates, EMIs to go up
Public sector lender State Bank of India (SBI) has increased its cost-based lending rates (MCLR) across various maturities. This revision…
01 MAR 2018
India’s GDP reports 7.2% surge in December quarter
India’s Gross Development Product grew at a rate of 7.2 per cent in December quarter, in sync with the inflating…
28 FEB 2018
PSBs get 15 days deadline for strict actions to address risks
Ministry of Finance has given 15 days deadline to Public Sector Banks (PSBs) to design a pre-emptive deadline to combat…
28 FEB 2018
