Jaitley moves amendments to delete PDMA provisions in finance bill
Finance minister Arun Jaitley moved amendments to the finance bill 2015, deleting the provision on setting up an independent public…
30 APR 2015
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Kotak Mahindra Bank to open branch at GIFT City in Gujarat
Kotak Mahindra Bank is planning to open a branch at the international finance centre (IFC) at the GIFT City in…
27 APR 2015
Govt approves bifurcation of top posts in public sector banks
The Government approved the proposal to separate the posts of Chairman and Managing Directors in Public Sector Banks (PSBs). While…
25 APR 2015
Kotak Bank seeks to hike foreign holding to 55%
Kotak Mahindra Bank has approached the Foreign Investment Promotion Board (FIPB), seeking hike in foreign holding to 55 percent. “The…
22 APR 2015
ICICI ties up with UAE bank Emirates NBD for instant money transfers
ICICI bank has tied up with the leading UAE-based bank Emirates NBD to offer an instant remitting service to Indians…
22 APR 2015
Union Bank of India to rollout life and accident insurance policies
Union Bank of India has reportedly joined hands with Star Union Dai-ichi Life Insurance and New India Assurance for providing…
22 APR 2015
Rothschild Group appoints Richard Stagg as India Chairman
Global financial advisory firm Rothschild Group has appointed former British High Commissioner to India Richard Stagg as Chairman of its…
22 APR 2015
E-commerce sites & banks need to integrate: RBI
Reserve Bank Deputy Governor H R Khan said there is a greater need for collaboration between banks and the e-commerce…
21 APR 2015
Electronic Money Order replaces older version: Dept of Post
Replacing the older version of money order service, electronic version is available at the same service charge. This service had…
20 APR 2015
Finance Ministry seeks list of wilful bank loan defaulters by month-end
The Finance Ministry has asked all public sector banks to submit a comprehensive data on wilful loan defaults by the…
20 APR 2015
