PM Modi launches Mudra bank under Pradhan Mantri Jan Dhan Yojana
Prime Minister Narendra Modi launched Micro Units Development and Refinance Agency (Mudra Bank) under the Pradhan Mantri Jan Dhan Yojana.…
08 APR 2015
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Concrete targets for financial inclusion are needed: PM
Prime Minister Narendra Modi urged the Reserve Bank of India (RBI) to encourage financial institutions to set concrete targets for…
06 APR 2015
Jaitley announces some concessions, tax on mutual fund from July 10
The government announced some concessions for mutual fund industry and income tax payers. The high tax rate of 20 per…
06 APR 2015
India Value To complete $700 million funding
Private equity fund India Value Fund Advisors (IVFA) has announced that they would conclude their fundraising in the next 90…
02 APR 2015
IndusInd Bank Raises Rs 500 Crore
IndusInd Bank has announced that it has raised Rs 500 crore after issuing bonds on private placement basis. According to…
02 APR 2015
RBI imposes Rs 5 lakh fine on 16 banks for violation of norms
The Reserve Bank has imposed a fine of Rs 5 lakh each on 16 central cooperative banks for non-adherence of…
01 APR 2015
RBI adopts Basel III standards for capital, liquidity
The Reserve Bank of India (RBI) has announced amendments to regulations on capital adequacy and liquidity for lenders operating in…
01 APR 2015
Kotak Mahindra-ING Vysya merger gets RBI approval
The Reserve Bank of India (RBI) has given the green signal to the merger deal between Kotak Mahindra Bank and…
01 APR 2015
ICICI Bank Crosses Mark of 4000 Branches in India
Private Sector bank ICICI announced the inauguration of its 4000th bank branch at Sector 37D in Chandigarh. It is the…
01 APR 2015
TribHobo Raises$3million in Series B Funding
Pune based travel aggregator TripHobo has raised $3 million from Mayfield and Kalaari Capital. The funding will be used for…
01 APR 2015
