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Latest Articles in Banking Finance

HDFC Hikes Deployment Towards Green And Affordable Housing

HDFC is making efforts to reduce its carbon footprint through responsible lending policies, by encouraging green housing and integrating employees into climate strategy

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Gujrat HC Slams SBI Over Not Issuing NOC

The court told the bank that it is nothing but harassment

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ICICI Bank Launches Digital Ecosystem For MSMEs

Anyone can avail of the benefits of ICICI Bank’s digital solutions by simply downloading the new version of the InstaBIZ app

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WhatsApp Rolls Out Cashback Offers On Peer Payments

The move comes days after WhatsApp won regulatory approval to more than double it's payments user base

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RBI To Hike Repo Rate In June, Earlier Than Previously Thought: Poll

But March's 17-month-high inflation number leaves little room for the RBI other than hiking sooner rather than later, and all but three of 46 economists in an April 20-25 Reuters poll expected the RBI to raise the repo rate for the first time since 2018 in June.

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Airtel Payments Bank Announces FD Partnering With IndusInd Bank

Customers can now book fixed deposits starting from Rs 500 up to Rs 190,000 within minutes through a seamless digital journey on the Airtel Thanks app

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RBI's Investigation Continues; Fines Rs 1 Crore On This Bank

Heavy penalty has been imposed by the central bank on Bank of Maharashtra for violation of risk management guidelines

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Bajaj Finance Fixed Deposits Rates Increase Up To 7.35%

Bajaj Finance promises higher returns than other banks with an FD rate of up to 7.35 per cent

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SBI Duped Of Around Rs 4.5 Crore Over 7 Months

Twenty-five cards of different banks were used 4,630 times at nine SBI ATMs in Sambalpur and Rengali towns between September 2020 and March 2021

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ICICI Bank Shares Gain Nearly 2% After Earnings

The bank had earned a profit of Rs 4,403 crore in the corresponding January-March period of the last year

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RBI's RDG Scheme Gives Tremendous Benefits With Security

In this scheme of RBI, investors are getting the facility of investing in government securities at one place

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RBI Imposes Penalty On This Govt Bank For Violating Rules

Central Bank of India has been imposed a fine of Rs 36 lakh by RBI for violation of rules related to protection of interests of customers

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DICGC To Make Payments To Depositors Of Lucknow Cooperative Bank On Apr 27

DICGC is liable to pay the insured deposit amount to depositors of an insured bank. Such liability may arise when an insured bank undergoes liquidation, reconstruction or any other arrangement under a scheme, and merger or acquisition by another bank

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RBI Issues New Rules For Debit & Credit Cards; Applicable From July 1

RBI has has strictly prohibited the issuance or upgrade of cards without application while issuing the master guidelines related to credit and debit cards

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ICICI Bank Appoints Rakesh Jha As Wholetime Director

Jha has worked across various functions including financial planning and analysis, accounting, treasury, strategy and investor relations. He was designated the Deputy Chief Financial Officer of ICICI Bank in May 2007 and Chief Financial Officer in October 2013

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