Money & Banking

With reference to ‘Govt stake in Andhra Bank to go up to 58%' ( Business Line, March 9), Andhra Bank has now clarified that the infusion of Rs 618 ...

The Reserve Bank of India's January announcement that it will constantly monitor the credit growth and, if necessary, engage with banks which show an ...

State Bank of Bikaner and Jaipur (SBBJ), the largest associate bank of SBI, on Tuesday said its board has cleared the proposal of raising Rs 780 crore ...

You may have heard this anecdote, of a customer who walks into a top bank in New York and asks for a loan of $10,000. He informs the loan officer that ...

Dhanlaxmi Bank hiked its base rate to 8.75 per cent from 8.25 per cent and HSBC India to 8.5 per cent from 8 per cent, according to press releases ...

Pune-headquartered Cosmos Co-operative Bank is looking to raise Rs 119 crore through long-term (subordinated) deposits scheme (LTDS). Under the LTDS, ...

Will improve credit flow to farmers; ease liquidity pressure on banks

If you are aspiring for a career in a public sector bank, here is good news. There are about 5,000 positions for officers and clerks to be filled up.

HCL Infosystems has bagged an order from Punjab and Sind Bank (PSB) to provide smartcard-based solutions in over 1,500 villages across the country.

Corporation Bank has appointed sprinter, Ms Ashwini A.C., as its brand ambassador. A bank release said here Ms Ashwini, who has been appointed as ...

Raheja QBE General Insurance Company Ltd is planning to launch new specialty products. “Our primary business area now is specialty products. We will ...

The government must identify those classes of offcials likely to get price-sensitive information and bar them from trading in interest rate futures

State Bank of India, Bengal Circle, observed the centenary year of the International Women's Day by facilitating women achievers in various fields.

Bank of India is to hike interest rates on fixed deposits of select maturities by 25 to 75 basis points with effect from March 10, said a press ...

DLF Pramerica Life Insurance Company has announced the opening of its new office here with an aim to expand its footprint in Gujarat. The private ...

The rupee ended higher by 8 paise to 45.00/01 against the US currency on fresh sale of dollars by banks amid a firm trend in the equity market, ...

The rupee strengthened by 8 paise to Rs 45 per dollar at the Interbank Foreign Exchange market today, supported by a higher opening in the stock ...

That depends on the penalty being levied, how long you have held the deposit and the new rates, of course.

The rupee was shackled within a narrow band as weakness in dollar and soaring crude prices prevented the Indian currency from progressing in either ...

After getting approval from the Foreign Investment Promotion Board to raise the foreign holding cap from the current 24 per cent to 35, Karur Vysya ...

The promoters of Aegon Religare Life Insurance (ARLI) will infuse about Rs 400 crore in the company in the next financial year to support business ...

Financial swindlers only have a lust for easy money, says Supreme Court

The Government of India is to increase its stake in Andhra Bank to 58 per cent from existing 51.55 per cent. The stake increase is likely to happen ...

Federal Bank has launched IMPS (interbank mobile payment service), a real time funds transfer facility through mobile phones. This facility is offered ...