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Latest Articles in banking

RBI Keeps Interests Rates Unchanged

The central bank kept the benchmark repurchase rate unchanged at 4 per cent and maintained accommodative policy stance to support growth.

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India Should Have Done More To Protect Jobs: McKinsey Official

Private equity major KKR's managing director Rupen Jhaveri said the first focus for investee companies after the lockdowns last year was to draw down on allocated working capital limits.

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RBI Withdraws Restrictions On Youth Development Co-operative Bank

The validity of the 'all-inclusive directions' was extended from time to time, the last being up to April 5, 2021.

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Banks Sanctions Rs 25,586 Cr To 1.14 lakh Stand-Up India Accounts In 5 years

Started in April 5, 2016, the scheme has benefited 93,094 women entrepreneurs with outstanding loan of Rs 21,200 crore as of March 23.

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India Will Have Heterogeneous Banking Sector In A Decade With Four Types Of Banks: Shaktikanta Das

There will be large banks having presence across the country and the world, mid-size banks present across the economy, small finance banks/regional rural banks/cooperatives to take care of the small borrowers and digital players

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Banking services in Maharashtra impacted on second day of nationwide strike

Services like cash withdrawals, cheque clearances and other business related transactions were hit across the state.

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Bank Operations May Be Hit On Mon, Tue Due To Nationwide Unions' Strike

Services such as deposits and withdrawal at branches, cheque clearance and loan approvals would be affected due to the strike.

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ICICI Bank To Bear Cost Of COVID-19 Vaccination For Employees

The bank will provide COVID-19 vaccination for its employees and their immediate family members free of cost

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Sensex Spurts 447 Pts To Reclaim 50,000-Level; Auto, IT Stocks Shine

The 30-share index swung nearly 633 points during the session, before ending at 50,296.89, showing a rise of 447.05 points or 0.90 per cent.

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Bank Officers' Unions Oppose Allowing All Private Banks In Govt Business

Private banks can now be equal partners in development of the Indian economy, furthering Govt's social sector initiatives, and enhancing customer convenience.

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Bank Credit Grows 6.2% In December Quarter: RBI

Growth in credit by private sector banks decelerated considerably to 6.7 per cent in the quarter ended December 2020 as against 13.1 per cent a year ago.

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Airtel Enters Ad Tech Industry With Airtel Ads; Says Users Will Receive Relevant Campaigns, Not Spam

Airtel Ads would enable brands of all sizes to curate consent-based and privacy-safe campaigns to one of the biggest pool of quality customers in India, Airtel said adding it has more than 320 million customers across its businesses like mobile, DTH and homes.

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Microland appoints industry veteran Vivek Radhakrishnan, as Senior Vice President, North America

Microland appoints industry veteran Vivek Radhakrishnan, as Senior Vice President, North America

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2021 is the year of bank and FinTech Collaboration: MD and CEO of Equitas small finance bank

2021 is the year of bank and FinTech Collaboration: MD and CEO of Equitas small finance bank

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Budget For The “Decade Of India”

Develop a revolving 10-year Vision statement for each of financial services regulators in terms of their approach and ability to develop their sector and add to the GDP growth.

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