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
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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
Arun Jaitley pitches for more autonomy to PSU banks
Finance Minister Arun Jaitley has pitched for more autonomy to state-owned banks. Jaitley made the comment at a two-day meeting…
05 JAN 2015
Cashless banking best way to handle black money: Modi
Of many solutions to tame black money, cashless banking transactions can be the best solution, says Prime Minister Narendra Modi.…
05 JAN 2015
Bank accounts for all set to become a reality
The ambitious plan of the government to achieve financial inclusion for all is all set to become a reality. According…
03 JAN 2015
Govt splits CMD’s post, names chiefs for 4 PSU banks
The government has separated the post of chairman and managing director/CEO of public sector banks (PSBs). “Henceforward, in the new…
02 JAN 2015
Why charge customers for using ATM, HC asks RBI
The Delhi High Court has issued notice to the Reserve Bank of India (RBI) on a plea against RBI’s decision…
30 DEC 2014
Jan Dhan Yojana meets 10-crore accounts target
Banks have achieved the target set by the government to open 10 crore accounts under the Pradhan Mantri Jan Dhan…
30 DEC 2014
Japan’s Sumitomo Mitsui acquires 2.8 % stake in Reliance Capital
Reliance Capital, the Anil Ambani-led financial company, has sold a 2.8 per cent stake to Japan’s Sumitomo Mitsui Trust Bank…
29 DEC 2014
