Saturday, March 25, 2017

One-year window limits effectiveness of interest subsidy scheme for housing

Radhika Merwin | BL Research Bureau  

Loans taken for under-construction houses may not be eligible for subsidy if there’s delay in completion »

As a small finance bank, Disha to offer gold, MSME loans to rural borrowers

Rutam Vora | Ahmedabad, March 24  

Looking to open 30-40 branches in the first quarterof launch »

Bank unions express reservations on some of the conditions set for capital infusion

Our Bureau | Mumbai, March 24  

Opposed to including raising resources from market and sale of non-core assets in MoU »

Oxigen Services plans to roll out at least 60,000 micro-ATMs in 2017-18

KR Srivats | New Delhi, March 24  

Firm deployed 10,000 Aadhaar-enabled micro-ATMs in the past 3 months »

UCO Bank gets Rs. 1,150-crore capital infusion

Our Bureau | Kolkata, March 24  

Kolkata-headquartered UCO Bank has received a capital infusion of Rs. 1,150 crore from the Centre under its turnaround-linked capital infusion plan.According to a notification to the bourses, the publ... »

South Indian Bank rolls out mobile app linked to Aadhaar

Our Bureau | Kochi, March 24  

To promote cashless digital transactions, South Indian Bank has introduced Aadhaar-based payment in its UPI mobile application — SIB M-Pay.Unified Payment Interface enables all bank account-holders to... »

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