Oct 21, 2016 at 15:00 | Source: PTI
Under a new initiative, the bank has started a scheme called 'Hope Loans' by which it will contribute a portion of the proceeds from the repayment of home, personal, education and car loans to select NGOs engaged in sectors like shelter, education, health and environment.
Oct 20, 2016 at 14:52 | Source: Moneycontrol.com
A security breach at Hitachi, an ATM provider, has put banks across the country on high alert. At stake is the personal information of customers of these lenders, all of whom listed, will soon be issuing new debit cards or asking their customers to change their security code on their existing plastic.
Oct 20, 2016 at 12:54 | Source: CNBC-TV18
Prakash Diwan, Market Expert, Altamount Capital Management said that for the next phase of growth to continue with this high decibel expansion addition of new capital is capital.
Oct 20, 2016 at 09:42 | Source: Moneycontrol.com
In an interview to the Economic Times, Alok Sama, President of the SoftBank group said that they will continue to back its two online brands Snapdeal and Ola who are trying to compete with Amazon and Uber respectively.
Oct 19, 2016 at 11:52 | Source: PTI
J&K Bank, the state's only listed company, reported a net loss of over Rs 56 crore in the quarter to March -- a first in its operational history of 75 years -- which is mostly attributed to bad loans. In the first quarter, the fall in bottom line was sharp -- as much as 85 percent.
Oct 18, 2016 at 15:17 | Source: Moneycontrol.com
Until not very long ago, many observers and commentators believed that the role of non-banking financial companies (NBFCs) in Indias financial system was fast diminishing.
Oct 18, 2016 at 14:16 | Source: PTI
This is first such instance that RBI will hold the meeting at this industrial city of Uttar Pradesh. It also happens to be the first central board meet under new Governor Patel.
Oct 18, 2016 at 11:55 | Source: Reuters
New RBI Governor Urjit Patel and his six-member Monetary Policy Committee used the same rationale for their surprise 25 basis point (bps) cut to 6.25 percent earlier this month, the lowest since November 2010.
Oct 17, 2016 at 10:09 | Source: CNBC-TV18
Some of the stocks that should be on your radar are: Essar, NTPC, DCB Bank, NIIT Technologies, CRISIL, New Delhi Television, Aarey Drugs and Pharmaceuticals.
Oct 17, 2016 at 08:58 | Source: PTI
Keeping the commitments and the actual lending in mind, NDB has drawn up a plan to raise USD 1.5 billion from multiple sources next year, said the noted banker, who built ICICI Bank into the second largest lender in the country in a span of a decade.