E-commerce sites & banks need to integrate: RBI
Reserve Bank Deputy Governor H R Khan said there is a greater need for collaboration between banks and the e-commerce…
21 APR 2015
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Finance Ministry seeks list of wilful bank loan defaulters by month-end
The Finance Ministry has asked all public sector banks to submit a comprehensive data on wilful loan defaults by the…
20 APR 2015
SBI plans to add 8,000 more ATMs this fiscal
State Bank of India (SBI) is planning to add another 8,000 ATMs this fiscal for both accepting and dispensing cash.…
20 APR 2015
Banks can now offer differential rates to fixed deposit holders
The Reserve Bank of India (RBI) has allowed banks to offer higher rates of interest to those who do not…
18 APR 2015
Automatic information exchange only way to tackle black money: Arun Jaitley
Emphasing on the urgent implementation of common reporting standards on automatic exchange of information globally, Finance Minister Arun Jaitley said…
18 APR 2015
IDFC gets shareholders’ nod to launch bank
Infrastructure financing firm IDFC Ltd has received shareholders approval to its demerger scheme to set up a wholly-owned subsidiary IDFC…
13 APR 2015
SBI cuts home loan interest rate by up to 0.25%
State Bank of India announced a cut in home loan interest rate by up to 0.25 per cent for new…
13 APR 2015
PM launches Pradhan Mantri MUDRA Yojana
Prime Minister Narendra Modi launched Pradhan Mantri MUDRA Yojana to support the small entrepreneurs across the country. The Prime Minister…
09 APR 2015
Govet surplus cash balance reckoned for auction stands at Rs 75,457 cr
The government’s surplus cash bank balance reckoned for auction with Reserve Bank of India (RBI) stands at 754.57 billion rupees…
08 APR 2015
Govt raises stake in state-owned IFCI to 51%
The government has increased its stake in the infrastructure financing firm ICFI Ltd to 51.04 per cent. Government has acquired…
08 APR 2015
