Nationalised banks to see week-long closure starting 21st Jan
The employees of nationalized banks are going on a four-day strike from January 21 to January 24, 2015 asking for…
19 JAN 2015
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Competition Commission nods HDFC-HDB, Atlas Documentary deal
The Competition Commission of India (CCI) has finally approved the proposed merger of HDB Financial Services, an HDFC Bank arm,…
19 JAN 2015
RBI slashes repo rate by 25 bps to 7.75 %
The Reserve Bank of India (RBI) on Thursday cut its benchmark repo rate by 25 basis points to 7.75 per…
15 JAN 2015
Irda to revise agents’ commission norms
As the Insurance Laws (Amendment) Ordinance has omitted Section 40A of the earlier Insurance Act, which talks about commission to…
15 JAN 2015
SBI’s mobile banking transaction surged by 46% in 2014
State Bank of India (SBI), India’s largest public sector undertaking (PSU) bank, witnessed a surge of 46% in mobile banking…
12 JAN 2015
Private banks lag behind PSU lenders in opening Jan Dhan account
With about 30 lakh accounts under the Prime Minister’s Jan Dhan Yojana in over four months, private sector banks are…
12 JAN 2015
United Bank of India requests RBI to lift cap on lending
United Bank of India has approached the Reserve Bank of India (RBI) with a plea for phased removal of cap…
12 JAN 2015
Insurers get two years to treat IDFC investment as BFSI exposure
The Insurance Regulatory & Development Authority (Irda) has directed insurance companies to treat their investments in IDFC’s fixed-income securities as…
12 JAN 2015
ICICI launches ‘contactless’ debit & credit cards
ICICI Bank has launched the country’s first ‘contactless’ debit and credit cards based on the near-field communication technology, enabling customers…
08 JAN 2015
ICICI launches ‘Digital Village’ project in Gujarat
Joining Prime Minister Narendra Modi’s ‘Digital India’ programme, ICICI has launched its own ‘Digital Village’ project while adopting Akodara village…
06 JAN 2015
