RBI directs banks to initiate account number portability soon
Reserve Bank of India (RBI) may soon launch a hassle-free portability option for the account holders across banks. With the…
30 MAY 2017
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Oriental Insurance appoints A V Girija Kumar as CMD
Oriental Insurance Company Limited has appointed A V Girija as it’s Chairman-cum-Managing. According to an order issued by Department of…
30 MAY 2017
ICICI Bank introduces ‘Money2India’ app for NRIs
In a bid to initiate easy money transfer for Non Resident Indian (NRI) customers, ICICI Banks has launched a new…
30 MAY 2017
IDRBT open admissions for PG diploma in banking technology
The Institute for Development and Research in Banking Technology (IDRBT), an arm of the Reserve Bank of India, has initiated…
29 MAY 2017
Bank of Baroda plans to raise Rs 9,000 crore through equity dilution
In a bid to fund its growth during the fiscal, state-owned Bank of Baroda (BoB) has planned to raise Rs 9,000 crore…
29 MAY 2017
Government plans to step up mergers in PSU banks: Arun Jaitley
In a bid to set up strong and bigger banks of international level, the central government will soon engage more…
28 MAY 2017
EPFO to initiate investment above Rs 18,000 crore in equity this fiscal
The central board of trustees (CBT) of the Employees Provident Fund Organisation (EPFO) has allowed the retirement fund manager to…
28 MAY 2017
Karnataka Bank inks pact with HDFC Asset Management
Private lender Karnataka Bank Ltd has entered into a distribution agreement with HDFC Asset Management Ltd (HDFCAML). This pact will…
26 MAY 2017
Cabinet approves scrapping of FIPB
The Union Cabinet has approved abolition of the 25 year old body, the Foreign Investment Promotion Board (FIPB). “Going forward,…
25 MAY 2017
IFFCO unveils debit card for farmers
Indian Farmers Fertiliser Cooperative (IFFCO), the world’s largest fertiliser cooperative, launched its co-branded debit card for farmers in association with…
24 MAY 2017
