Thursday, December 18, 2014

With RBI relaxing norms, factoring firms can now diversify business

Our Bureau | Mumbai, December 17  

Move will help generate revenues to meet expenses, says SBI Global Factors chief »

DCB Bank to focus on retail loans

Our Bureau | Ahmedabad, December 17  

Private sector lender DCB Bank plans to double its business in the next three years by focusing on retail advances. The bank aims to increase lending to the self-employed in smaller towns.<... »

RBI slaps Rs. 50-lakh penalty on ICICI Bank, Rs. 25 lakh on BoB

Our Bureau | Mumbai, December 17  

Reserve Bank of India (RBI) has imposed monetary penalty on two banks (ICICI Bank and Bank of Baroda) and cautioned three others (State Bank of India, Axis Bank and State Bank of Patiala) f... »

ATM maker NCR to roll out products for hospitality, retail sectors

Our Bureau | Hyderabad, December 17  

ATM manufacturer NCR Corporation is set to roll out new cash transaction solutions for the retail and hospitality sectors.The company, which has a 44 per cent market share in ATM man... »

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