Browsing: Banks
The RBI committee has proposed a new look at the domestic banking industry. Under this proposal, non-banking finance companies and…
Mumbai: In exercise of powers vested under Section 30 of the Payment and Settlement Systems Act, 2007, the RBI has…
Mumbai: An internal working group set up by the RBI has proposed to raise the cap on promoters’ stake in…
Chennai: “LVB has about 20 lakh depositors and lakhs of borrowers. It has 563 branches, about 970 ATMs and about…
Banking business mainly includes accepting deposits and lending. Bank pays a certain amount of interest to people who deposit money…
ICICI Bank has launched a completely digital mode of payment at the famous retail stores. The facility is known as…
Chennai: The Reserve Bank of India (RBI) on Tuesday proposed a draft scheme of amalgamation of the beleaguered Lakshmi Vilas…
New Delhi: The Reserve Bank of India (RBI) has placed Laxmi Vilas Bank in the Moratorium on Tuesday. RBI said…
New Delhi: Yes Bank on Tuesday said it has launched a co-branded prepaid card in partnership with Neokred Technologies to…
New Delhi: Disinvestment department DIPAM is mandated with facilitating monetisation of non-core assets of government CPSEs under strategic disinvestment or…
New Delhi: In yet another setback for the struggling Indian economy, the Reserve Bank of India has projected that the…
ndian Banks’ Association (IBA) along with four unions in the banking sector on Wednesday jointly announced that their three-year wage…
Mumbai: “Reserve Bank of India (RBI) has, by an order dated November 10, 2020, imposed a monetary penalty of Rs…
Mumbai: Pitching for increased digital payment modes, including adopting Unified Payment Interface (UPI), Sitharaman urged banks to discourage non-digital payments…
New Delhi: “The executive committee of the central board of directors of State Bank of India approved the divestment of…
The shares of Yes Bank have started an upper circuit today. Yes Bank shares rose 5 per cent in today’s…
New Delhi:The Competition Commission of India (CCI) has ordered a detailed investigation against Internet giant Google for unfair trade practices…
Mumbai: Equitas Small Finance Bank on Monday said that the Reserve Bank of India (RBI) has lifted the restrictions imposed…
Tokyo: The Tokyo-based company reported a 627 billion yen, or about USD 6.1 billion, profit in July-September, compared with a…
New Delhi: The Indian economy, which has shown resilience to come out from a downturn caused by the pandemic, is…