Rajan to step down as RBI Governor in September
Putting an end to the suspense over whether or not he would continue as RBI Governor, Raghuram Rajan last week…
21 JUN 2016
Rbi regulators
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Rbi regulators
Cabinet okays merger of 5 associate banks with SBI
Putting all speculations to rest, Union Cabinet on Wednesday approved the takeover by country’s largest lender—State Bank of India (SBI)…
16 JUN 2016
In a first, DCB Bank launches Aadhaar-enabled ATM in Bengaluru
In a bid to facilitate transaction without debit card and PIN, DCB Bank has unveiled Bengaluru’s first ATM that accepts…
14 JUN 2016
Brijesh Mehra to head corporate banking at RBL Bank
RBS India chief Brijesh Mehra has been appointed as head of corporate banking of RBL Bank— a small-sized private lender.…
14 JUN 2016
India Post Payments Bank to open 650 branches in all major districts
Communications and IT Minister Ravi Shankar Prasad has said that Department of Posts’ payment bank will establish 650 branches by…
13 JUN 2016
SBI, CaixaBank sign MoU to fund Indo-Spanish JVs
Country’s largest lender— State Bank of India (SBI) and Spain’s CaixaBank have signed an agreement to provide financial support to…
10 JUN 2016
Not upset over withdrawal of Payments Bank licences, says Rajan
Days after three entities decided to back out of the Payments Bank licencing, RBI Governor Raghuram Rajan on Tuesday said…
07 JUN 2016
Banks shouldn’t have majority ownership in stressed asset funds: RBI
Reserve Bank of India (RBI) governor Raghuram Rajan on Tuesday said that banks should not have majority ownership in any…
07 JUN 2016
Fullerton India posts impressive growth, profit goes up by 43%
Fullerton India, one of India’s ace non-banking financial companies with an extensive pan-India presence on Friday declared its audited financial…
20 MAY 2016
SBI associates’ staff go on strike, protest proposed merger
In order to cripple bank services, over 50,000 employees of five associate banks of State Bank of India (SBI) have…
20 MAY 2016
