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Finance

RBS to close retail banking operations in India

Giving up its efforts to seek a buyer, the Royal Bank of Scotland (RBS) has decided to close its banking operations in India. The...

Allahabad, Central Bank, Dena Bank fall as bad loans spike

Mumbai, (PTI) Shares of three public sector banks -- Allahabad Bank, Central Bank of India and Dena Bank -- fell by up to 3.4...

RBI details new norms for FPI investment

Foreign Portfolio Investors or FPI can invest in the primary issues of non-convertible debentures or bonds by a public company issued in demat form,...

Merge five SBI associate banks into one entity: AIBEA

Chennai: The All India Bank Employees' Association (AIBEA) hopes the government accept its demand to merge the five associate banks of State Bank of India...

Bandhan Bank garners deposits of Rs.13,000 crore

Kolkata: The eight-month-old Bandhan Bank has garnered deposits of over Rs.13,000 (USD 2 billion) crore and now cater to about 8.5 million customers, Managing...

Bad loan situation not alarming, banks will resolve it: Rai

New Delhi, (PTI) Emphasising that the bad loan situation is not alarming, Banks Board Bureau chief Vinod Rai today said all public-sector banks have...

Bajaj Finserv Announces Flash Sale on Personal Loans

Bajaj Finance Limited, the lending arm of Bajaj Finserv, has announced a flash sale on Personal Loans with a rate of interest as low...

Sebi to tighten KYC, transfer norms for P-Notes

According to the proposal, Indian AML norms would need to be followed by issuer entities for carrying out customer due diligence of the ODI...

Bank union calls for nationwide strike on July 29

Hyderabad, May 12 :Bank employees across the country will go on one-day Nationwide Strike on 29th July 2016 opposing the privatization moves of Public...

HDFC ERGO Launches “Community”

An Interactive Forum to Uncomplicate Queries Related to Health, Motor, Travel & Home Insurance HDFC ERGO General Insurance Company, one of India’s leading private sector...

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