Apr 20, 2020 02:31 PM IST
The private sector lender said the voice-based facility comes close on the heels of its new digital initiatives such as WhatsApp chat-based ICICIStack aimed at providing uninterrupted banking services
- Apr 19, 2020 07:49 PM IST
To tackle the current crisis arisen from the COVID-19 outbreak and the consequent nationwide lockdown, the government and the RBI have announced many measures to ease the stress of businesses.
- Apr 17, 2020 03:11 PM IST
The Government and the RBI have been taking a series of calibrated steps to fight the pandemic
- Apr 15, 2020 07:40 AM IST
The novel coronavirus outbreak has exposed "cracks" in the global financial system and "will likely" see banks suffer both credit losses and market losses that will test their reserves, the International Monetary Fund.
- Apr 14, 2020 04:49 PM IST
Till now banks and NBFCs are offering the moratorium only to individual customers
- Apr 10, 2020 03:30 PM IST
Here are the list of Banks and NBFC that offers highest rates on fixed deposit
- Apr 09, 2020 01:28 PM IST
There are still some banks that are offering interest rates of 8 percent and above.
- Apr 07, 2020 01:00 PM IST
RBI says moratorium facility should be extended to all unless a borrower chooses to opt out of it
- Apr 06, 2020 06:21 PM IST
According to bankers, there has been an increase in the number of customer queries related to the moratorium scheme in the past few days.
- Apr 06, 2020 12:30 PM IST
The NPA ratio in India is likely to fare similarly to China's (1.9 per cent 2 per cent) but the credit costs ratios could be worse, increasing by about 130 basis points.
- Apr 01, 2020 07:31 AM IST
The exercise assumes significance as it is taking place at a time when the entire country is under the grip of the COVID-19 outbreak, which has triggered a 21-day lockdown.
- Mar 27, 2020 01:47 PM IST
Addressing the media via teleconferencing, RBI governor begins his policy statement saying ‘Tough times do not last but tough people do and tough institution’. I think we are in those times right now.
- Mar 27, 2020 09:02 AM IST
Repo rate now stands at 4.40% vs 5.15% earlier
- Mar 26, 2020 12:40 PM IST
India is still very much a cash society and banks have been exempted from a 21-day lockdown that began this week as they are considered an essential service.
- Mar 23, 2020 04:25 PM IST
"We as a market is fully invested in banking. There is no appetite for buying in the bank. The market is staring at 40-50 percent NPAs," he said.
- Mar 23, 2020 11:17 AM IST
Normalcy returns for Yes Bank's customers, while PMC Bank's depositors continue to languish
- Mar 17, 2020 06:32 PM IST
On March 16, the Reserve Bank of India said that consumers should use digital payments which are available 24/7 in order to minimise physical interactions.
- Mar 11, 2020 02:28 PM IST
The Kolkata-based lender also opened 122 banking outlets in the form of small-format units.
- Mar 05, 2020 10:47 AM IST
The Supreme Court judgment paves the way for the revival of the cryptocurrency ecosystem in India only theoretically. Whether or not it will be catalytic to the crypto-industry will have to be seen.
- Feb 26, 2020 01:44 PM IST
The largest currency in denomination will remain legal tender, but would be gradually phased out of public circulation
- Feb 26, 2020 09:00 AM IST
Bandhan Bank was barred from expanding its network in September 2018 as it had failed to reduce the promoters' stake to 40 percent within the stipulated three-year period
- Feb 22, 2020 10:01 AM IST
In this Moneycontrol special video, Sakshi Batra explains what is AGR and what's the story so far in the telecom industry.
- Feb 18, 2020 09:24 AM IST
Global card network provider Visa aims to phase out the two-factor authentication (2FA) process on routine card transactions during digital checkouts and replace the scrutiny layer with a risk-based prompt.
- Feb 14, 2020 08:15 AM IST
The 64-year-old former Kingfisher Airlines boss, wanted in India on charges of fraud and money laundering amounting to an alleged Rs 9,000 crores in unpaid bank loans, said the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) are fighting over the same assets and not treating him reasonably in the process.
- Feb 13, 2020 03:44 PM IST
Bank employee unions have called for a three-day strike in March - the third such strike in 2020 alone.