Tag: elets

The government should set up an index for insurance penetration to be quantified as a measure of financial and social progress, says a joint...

Deposits in accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have exceeded Rs. 25,000 crore which has come to the banks as...

Yes Bank has received green signal from the Reserve Bank of India (RBI) to sponsor a Mutual Fund; setup a Asset Management Company (AMC)...

IndusInd Bank has tied up with Tata AIA Life Insurance to sell the later's insurance policy through the bank's branches. The partners will collaborate to...

With entry of new banks and technological advancement, the competition in the Indian banking sector has also intensified. The competition compels banks to innovate in...

In a first-of-its kind initiative in the telecom industry, Telenor India announced free life insurance cover for its existing 47.55 million as well as...

After 13 years with HSBC, Naina Lal Kidwai will retire from her position as Chairman HSBC India, with effect from December 31, 2015. “Kidwai will...

Federal Bank has created a Corpus exclusively for investment in Startups. The primary objective of the ‘Startup Fund’ is to provide long term capital to...

The Ministry of Finance is holding meetings with representatives from industry and business associations to generate new and innovative tax policy ideas. “Dr. Hasmukh Aadhia,...

The Reserve Bank of India (RBI) cut its key lending rate—the repo rate— to 6.75 percent from 7.25 percent. This is the third rate cut...