Saturday, December 28, 2024
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Banking

Indian banks can issue masala bonds: RBI

The Reserve Bank of India (RBI) on Thursday said Indian banks can issue masala bonds or rupee-denominated bonds issued overseas to augment their capital...

SBI cuts home loan rate; ICICI offers overdraft

To cash in on the festive fervour, banks including SBI and ICICI have unveiled a host of benefits such as reduction in rates, waiver...

RBI eases norms for foreign investment in startups

The Reserve Bank of India (RBI) has allowed Foreign Venture Capital Investors (FVCIs) registered with the Securities and Exchange Board of India (SEBI), the...

SBI blocks 6 lakh debit cards to ward off security threat

The State Bank of India is one of the top most banks of the nation, the bank has blocked nearly 6 lakh debit cards...

FirstRand Bank to close Indian retail operations

FirstRand Bank has decided to shut down its retail and SME lending divisions in India. The South African bank does plan to keep its...

India’s GDP growth to remain strong: World Bank

Washington, Oct 4 (PTI) India's GDP growth will remain strong at 7.6 per cent in 2016 and 7.7 per cent in 2017, the World...

Karnataka Bank signs MoU with Birla Sun Life

The Karnataka Bank has signed a Memorandum of Understanding (MoU) with Birla Sun Life Asset Management company for distribution of mutual fund products in...

RBL Bank raises Rs 330 Cr from CDC Group

RBL Bank has raised Rs 330 Cr from the UK-based development finance institution, CDC Group Plc (CDC), through Basel III compliant Tier II capital....

Freecharge, Axis Bank tie-up to launch UPI payments

India's fastest growing digital payments platform Freecharge has partnered with Axis Bank to launch Unified Payments Interface (UPI) enabled payment on its Android app. UPI...

Vijaya Bank adopts girls to ensure education

AGARTALA: Public-sector Vijaya Bank, which posted a profit of Rs 1,547 crore in the last fiscal, has adopted 632 girls to take care of...

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