Indian Bank revises its interest rates in FCNR (B) deposits
The Indian Bank has revised its rates in the foreign currency non-resident banking deposits. For the deposits in US Dollar,…
04 OCT 2016
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Infosys, HCL Tech, TCS, Wipro predict weak quarter
In lieu of weak financial services and project delay, IT honchos are expecting to be missing out on seasonal strength…
04 OCT 2016
Australia’s Commonwealth Bank to shut down Indian operations
Australia’s largest lender Commonwealth Bank, with $695 billion in assets is the latest banking foreign bank is closing its Indian…
27 SEP 2016
United Bank of India gets Rs 608 crores from Govt
United Bank of India (UBI) has received Rs 608 crores from the central government through preferential allotment of equity shares.…
27 SEP 2016
SBI’s associate banks soon to submit report on merger to RBI
Taking part in the amalgamation process within the SBI group, its associated banks are soon going to submit the scheme…
27 SEP 2016
Food procurement: Punjab govt wants banks to restructure Rs 21,000 cr debt
The Government of Punjab has asked the State Bank of India(SBI)-led consortium of banks to treat their outstanding loan of…
27 SEP 2016
Equitas pays high cost loans
Chennai based Equitas Holdings Ltd, recently granted small finance bank status by Reserve Bank of india, is in the process…
21 SEP 2016
Raghuram Rajan gears up for academic career in US
Former RBI Governor Raghuram Rajan is nowadays busy preparing himself to give business lessons to students in America. Having resigned…
21 SEP 2016
RBI Deputy Governor downplays money deposit issue
Terming the issue of banks depositing money to reduce the number of accounts with zero balances as a non criminal…
20 SEP 2016
Dr Urjit R Patel will succeed Dr Raghuram Rajan as RBI Governor
Dr Urjit R Patel has been appointed as the new Governor of Reserve Bank of India (RBI) by the Government…
20 AUG 2016
