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(Search results - 47)
  • Evergrande crisis: Blame China's debt-driven growth formula VPN

    BusinessSep 23, 2021, 7:05 AM IST

    Evergrande crisis: Blame China's debt-driven growth formula

    On Wednesday, China's central bank injected $18.6 billion into the banking system and Evergrande agreed to settle interest payments on a domestic bond to ease concerns for now. But the ripples of the Evergrande crisis are being felt and China's economic policies are now under intense scrutiny.

  • Account Aggregator: Say goodbye to tedious bank paperwork VPN

    BusinessSep 10, 2021, 11:02 AM IST

    Account Aggregator: Say goodbye to tedious bank paperwork

    The Account Aggregator empowers millions of customers to digitally access and shares their financial data across institutions in a secure and efficient manner.

  • Institute of Banking Personnel Selection clerical cadre examination put on hold-VPN

    India NewsJul 13, 2021, 7:06 PM IST

    Institute of Banking Personnel Selection clerical cadre examination put on hold

    The decision was taken after media reports emerged, which claimed that the Institute of Banking Personnel Selection had given the candidates applying to fill 3000 vacant posts in 11 banks the option to take exams only in English and Hindi.

  • Markets cheer Nirmala's budget, Sensex sees biggest Budget-day jump-VPN

    BusinessFeb 1, 2021, 10:27 PM IST

    Markets respond to Nirmala's budget, Sensex sees biggest Budget-day jump

    The market rally, which was driven by gains in banking, financial and auto stock, saw the Sensex jump by 2200 points -- the most on any budget day in its entire history. 

  • Muthoottu Mini Financiers Limited elevates PE Mathai as CEO-VPN

    BusinessJan 19, 2021, 1:29 PM IST

    Muthoottu Mini Financiers Ltd elevates PE Mathai as its CEO

    Muthoottu Mini Financiers Ltd, Non-Banking Finance Companies (NBFC) in India, announced that Mr PE Mathai, former Chief Operating Officer (COO) of the company, has now been elevated as the Chief Executive Officer (CEO). 

  • Banking Bank holidays in January 2021 plan work financial-VPN

    BusinessDec 29, 2020, 2:09 PM IST

    16 bank holidays in January 2021; plan your bank work accordingly

    The Reserve Bank of India has come out with the list of holidays in January 2021 for banks. Customers have been advised to plan their bank-related work accordingly to avoid last-minute issues.

  • Muthoottu Mini Financiers Ltd in Strategic Alliance with Exide Life Insurance Company - vpn

    BusinessDec 29, 2020, 10:18 AM IST

    Muthoottu Mini Financiers Ltd in Strategic Alliance with Exide Life Insurance Company

    Muthoottu Mini Financiers Ltd, one of India‚Äôs largest Non-Banking Financial Companies (NBFC), has announced a strategic partnership with prominent life insurance company Exide Life Insurance Company Limited, to provide life insurance products through its branches. 

  • Banking biggest scam Transstroy CBI Canara Bank probe-VPN

    BusinessDec 22, 2020, 12:56 PM IST

    At Rs 7,926 crore, this is India's biggest banking scam

    India's biggest ever banking scam is unravelling in Andhra Pradesh after the Central Bureau of Investigation booked directors of Transstroy (India) Limited for alleged bank fraud of over Rs 7,926 crore.
     

  • Banking RTGS money transfer available 24x7 December 14-VPN

    BusinessDec 11, 2020, 8:57 AM IST

    RTGS money transfer to be available 24x7 from December 14

    The Reserve Bank of India has announced that the Real-Time Gross Settlement System or RTGS facility will now be available for round the clock transactions, with effect from 12:30 am on December 14.

  • Muthoottu Mini Financiers Ltd expansion restructuring plans-VPN

    BusinessNov 27, 2020, 2:30 PM IST

    Muthoottu Mini Financiers Ltd announces vast expansion and remarkable restructuring plans

    Muthoottu Mini Financiers Ltd, one of the largest Non-Banking Financial Companies (NBFC) in India, announced its vast expansion and remarkable restructuring plans across the country. The company aims for a business growth of INR 1000 crores in this financial year (FY 2020-21) through its expansion and restructuring strategy.

  • View RBI corporates promote banks Raghuram Rajan, Viral Acharya-VPN

    BusinessNov 24, 2020, 11:32 AM IST

    RBI allowing corporates in banking is a "bad idea"

    The recommendation by Reserve Bank of India's internal working group to allow industrial houses to float banks has kicked up a storm. Especially miffed with the IWG recommendation were former Reserve Bank of India Governor Raghuram Rajan and ex-Deputy Governor Viral Acharya, who expressed their reservations in a three page note. Here are key concerns that they raised. Read on... 

  • RBI Lakshmi Vilas Bank depositors, DBS India amalgamation-VPN

    BusinessNov 18, 2020, 1:48 PM IST

    RBI rescues Lakshmi Vilas Bank depositors, ropes in DBS India

    Depositors of the cash-strapped private sector lender Lakshmi Vilas Bank, which was placed under moratorium by the Reserve Bank of India yesterday, can now breath easy.

  • WhatsApp pay goes live in India, Mark Zuckerberg says India has created something 'truly special' with UPI-VPN

    GADGETNov 6, 2020, 10:19 AM IST

    WhatsApp pay goes live in India, available in 10 Indian languages

    WhatsApp said it is working with 140 banks in India like ICICI Bank, HDFC Bank, Axis Bank, the State Bank of India, and Jio Payments Bank.

  • RBI notifies government's loan interest waiver scheme-vpn

    IndiaOct 27, 2020, 11:37 AM IST

    RBI notifies government's loan interest waiver scheme

    As per the scheme, the government will pay the difference between compound interest and simple interest. The ex-gratia payment of 'interest on interest' will be applicable for six months and only for selective specified loans.
     

  • Customers fume as SBI's core banking system goes down-vpn

    IndiaOct 13, 2020, 2:26 PM IST

    Customers fume as SBI's core banking system goes down

    In a tweet, the SBI said: "Intermittent connectivity issues have delayed making our services available to our esteemed customers today. We hope to be able to serve you normally before noon. All channels (except ATMs and POS machines) will be affected."