New Delhi, (IANS) : Finance Minister Arun Jaitley is undertaking a quarterly performance review of state-run banks here on Friday not just to see the progress of various financial inclusion schemes, but also look at the overall health of the banking system, officials...
New York, (IANS) : State Bank of India's chairperson Arundhati Bhattacharya, ICICI Bank's chief Chanda Kochhar and Axis Bank CEO Shikha Sharma ranked in the top twenty of the '50 Most Powerful Women International' list released by Fortune. The list, which considered...
New Delhi, (IANS) : Digital payment platform FreeCharge in partnership with Axis Bank on Monday launched Unified Payments Interface(UPI) that allows instant transactions from a smartphone using a virtual payment address(VPA). Customers will be able to create a virtual...
Shimla, (IANS) : Himachal Pradesh Congress Committee chief Sukhvinder Singh Sukhu on Sunday criticised the central government for not fulfilling its promise of hiking apple import duty that is hitting the state's apple industry most. Addressing party workers here, he...
Jeddah (IINA) : Secretary General of the Organization of Islamic Cooperation (OIC) Iyad Ameen Madani congratulated President of the Islamic Development Bank (IDB) Dr. Ahmad Mohamed Ali on the IDB’s obtaining of "AAA" rating from the international credit rating agency...
By Meghna Mittal New Delhi:(IANS) The State Bank of India (SBI) may relocate some branches after the merger of its associate banks into its fold, but none of them will be shut down, has said in a bid to put rumours to rest and assuage the staff. "I don't believe we...
Mumbai, (SM/IINA) : India's central bank has proposed working with the government to introduce interest-free banking to tackle financial exclusion for religious reasons, potentially opening Islamic finance to the largest Muslim minority population in the world. The...
By Rohit Vaid, Mumbai, (IANS) : The appointment of a new Reserve Bank of India (RBI) Governor is expected to give a positive fillip to the Indian equity markets during the upcoming week. Market observers cited other major factors such as caution over the increased...
By Ira Dugal Urijit Patel looks to take Raghuram Rajan’s inflation fighting agenda forward and not sway from the RBI’s crusade against bad loans in the banking sector Mumbai: When Urjit Patel takes over as the 24th governor of the Reserve Bank of India (RBI) next...
By Saumya Tewari, (IANS) : As many as 358 million Indian women (61 per cent) have bank accounts, up from 281 million (48 per cent) in 2014, the biggest jump for “banked” women among eight South Asian and African countries surveyed by Intermedia, a global consultancy....