SBI orders 7,000 ATMs in deal with NCR Corp.
The State Bank of India (SBI) has joined hands with US-based ATM manufacturer NCR Corporation to install over 7,000 cash-vending…
02 NOV 2016
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Data breach: Finance Ministry demands report in 10 days
The Reserve Bank of India (RBI) and various other agencies involved in the country’s largest banking security breach are taking…
24 OCT 2016
Utkarsh Micro Finance raises Rs 395 crore, adheres to RBI norm
Adhering to RBI’s norm pertaining to banking operations,small finance bank license holder Utkarsh Micro Finance has raised Rs 395 crore…
13 OCT 2016
Canara Bank chosen as a partner for HEFA
The government has chosen Canara bank as the joint venture partner for the establishment of a Higher Education Financing Agency.…
12 OCT 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
Bank of India offloads 18% of its stake in Star Union Dai-ichi life insurance
State-owned Bank of India has sold its 18 per cent stake in Star Union Dai-ichi Life Insurance Company (SUD). BOI…
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
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
For first time in last 6 years, 9% growth in bank financed projects
Capital expenditure financed by banks and Financial Institutions (FIs) has gone up in current financial year for the first time…
20 SEP 2016
