Mumbai, (IANS) : The State Bank of India (SBI) has launched its flagship service INTOUCH in Nepal, an official spokesperson said here on Saturday. The sbiINTOUCH, inaugurated by SBI Chairperson Arundhati Bhattacharya, will offer customers products like Savings Bank,...
Mumbai, (IANS) : Domestic android-based mobile operating system Indus OS on Wednesday announced a partnership with YES Bank to launch an OS-integrated UPI payment platform. Indian consumers will be able to use this platform through SMS, dialler interface and third...
New Delhi, (IANS) : The Reserve Bank of India (RBI) on Monday said that it has decided to enhance the foreign investment limit in central government securities from July 4. According to the Reserve Bank, the total long- and short-term investment limit will be enhanced...
New Delhi, (IANS) : While the government has been pushing people to go online when it comes to banking, the branch still continues to dominate banking channels in India, with 94 per cent of retail banking customers having visited the branch/store at least once in the...
Kolkata, (IANS) : State run lender Allahabad Bank is looking to achieve a business growth of Rs 12.23 per cent in the current financial year and is also planning to raise capital up to Rs 2,000 crore, a top official said here on Wednesday. "The bank is looking to...
Mumbai, (IANS) : Acting on reports that some authorised entities were not accepting Qatari riyals, the Reserve Bank of India (RBI) on Friday clarified that it has not restricted the exchange of the currency. "It has come to the notice of RBI that certain entities...
Mumbai, (IANS) : The Reserve Bank of India (RBI) on Wednesday removed restrictions on foreign investments in IDFC. "The foreign shareholding by Foreign Institutional Investors (FIIs), Foreign Portfolios Investors (FPIs) in M/s IDFC Limited have gone below the...
Mumbai, (IANS) : The Indian equity markets traded on a flat note with marginal losses during the mid-afternoon trade session on Tuesday as investors booked profits and banking stocks witnessed selling pressure. However, positive European markets and healthy buying in...
Mumbai, (IANS) : Global credit rating agency Moody's Investors Service on Monday dubbed as 'credit-positive' for Indian banks the RBI plans to resolve 12 large bank loan accounts accounting for 25 per cent of the banking system's non-performing assets (NPA). The...
New Delhi, (IANS) : In yet another measure against black money generation, the government has made it mandatory to give Aadhaar number while opening a new account and also to link the existing accounts with the Aadhaar numbers of their holders. Not disclosing it by...