Budget 2015: Govt may infuse Rs 18000 crore in PSBs next fiscal
The Centre may infuse about Rs 18,000 crore into public sector banks next fiscal, as a number of lenders have…
23 FEB 2015
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Sanjeev Kaushik takes over as Executive Director of IIFCL
Sanjeev Kaushik, a 1992 batch IAS officer of Kerala cadre, has joined state-owned India Infrastructure Finance Company (IIFCL) as Executive…
23 FEB 2015
ItzCash commits Rs 100cr investment for payment bank foray
ItzCash, India’s leading payment solutions Company has announced the capital infusion of Rs 100 corer by its promoter Ashok Goel…
20 FEB 2015
ICICI launches ‘Pockets’ digital banking service
ICICI Bank has launched ‘Pockets’, a digital banking service, enabling users to instantly send money to any e-mail id, mobile…
17 FEB 2015
Banks to allow cardless withdrawals at 1 lakh ATMs by year-end
Cardless cash withdrawal will be available from one lakh bank ATMs by the end of the current year for remittances…
17 FEB 2015
SBI keen to sell stake in insurance subsidiaries
State Bank of India (SBI), one of the largest state-run banks in India, is keen to sell a percentage of…
16 FEB 2015
Bank of India teams up with YouFirst Money for payment bank foray
Bank of India (BOI), one of the largest public sector banks in India, has announced strategic alliance with YouFirst Money…
16 FEB 2015
ICICI ties up with UAE Exchange for instant money transfer
ICICI bank has tied up with UAE Exchange to offer an instant bank transfer service – FLASHremit – to the…
16 FEB 2015
LIC Housing Finance PE arm to invest in social infra projects
LICHFL Asset Management Company, the private equity and venture capital arm of LIC Housing Finance, will invest half of its…
10 FEB 2015
Mutual Fund asset base soars to record high Rs 12 trillion in January
The Indian mutual fund industry’s assets under management (AUM) rose 12% or by Rs 1.30 trillion in January 2015 to…
09 FEB 2015
