Banks can now offer differential rates to fixed deposit holders
The Reserve Bank of India (RBI) has allowed banks to offer higher rates of interest to those who do not…
18 APR 2015
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Automatic information exchange only way to tackle black money: Arun Jaitley
Emphasing on the urgent implementation of common reporting standards on automatic exchange of information globally, Finance Minister Arun Jaitley said…
18 APR 2015
IDFC gets shareholders’ nod to launch bank
Infrastructure financing firm IDFC Ltd has received shareholders approval to its demerger scheme to set up a wholly-owned subsidiary IDFC…
13 APR 2015
SBI cuts home loan interest rate by up to 0.25%
State Bank of India announced a cut in home loan interest rate by up to 0.25 per cent for new…
13 APR 2015
PM launches Pradhan Mantri MUDRA Yojana
Prime Minister Narendra Modi launched Pradhan Mantri MUDRA Yojana to support the small entrepreneurs across the country. The Prime Minister…
09 APR 2015
Snapdeal Acquires Freecharge To Boost Mobile Transaction Business
Snapdeal.com has acquired Freecharge, an online mobile recharge firm for an undisclosed amount in order to boost the use of…
08 APR 2015
Govet surplus cash balance reckoned for auction stands at Rs 75,457 cr
The government’s surplus cash bank balance reckoned for auction with Reserve Bank of India (RBI) stands at 754.57 billion rupees…
08 APR 2015
Govt raises stake in state-owned IFCI to 51%
The government has increased its stake in the infrastructure financing firm ICFI Ltd to 51.04 per cent. Government has acquired…
08 APR 2015
RuPay cards of all PSBs now e-commerce enabled
The National Payments Corporation of India (NPCI) has completed system integrations to enable e-commerce transactions through RuPay cards of the…
08 APR 2015
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
