Search For "banking"
RBI issues corrective framework for PSBs
Updated : 8 years ago IST
New Delhi [India], Mar. 17 (ANI): Amid the multiple scams unearthed recently in the banking sector, the Reserve Bank of India (RBI) has issued a Prompt Corrective Action (PCA) framework to maintain the sound financial health of banks.
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Muthoot Finance ties up with global IME bank for money transfer service to
Updated : 8 years ago IST
Kochi (Kerala) [India], Mar 15 (ANI): Muthoot Finance Ltd., the flagship company of Muthoot Group on Thursday tied up with Global IME Bank to expand its money remittance services between Indo Nepal Corridor.
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No banking regulator can catch, prevent all frauds: Urjit Patel
Updated : 8 years ago IST
New Delhi [India], Mar. 14 (ANI): In view of the recent Nirav Modi-led Punjab National Bank (PNB) fraud case, Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday said that it is not possible for any banking regulator to catch or prevent all frauds.
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ICICI launches instant online overdraft facility for MSMEs
Updated : 8 years ago IST
New Delhi [India], Mar. 13 (ANI): Private banking major ICICI Bank on Tuesday announced the launch of an instant overdraft facility for the Micro, Small and Medium Enterprises (MSME) customers in a completely online and paperless manner.
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Passport details compulsory against loans higher than Rs 50cr
Updated : 8 years ago IST
New Delhi [India], Mar. 10 (ANI): In the wake of recent scams unearthed in the banking sector, the Centre on Saturday directed public sector banks (PSBs) to collect passport details of new borrowers seeking to avail loans higher than Rs 50 crore.
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Collusive corruption common at PSBs: Survey
Updated : 8 years ago IST
New Delhi [India], Mar. 9 (ANI): In the backdrop of the recent scams reported in the banking sector, citizens have flagged concern on various aspects of business-banker nexus and the gaps that exist, particularly of collusive corruption existing among (PSBs).
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Sensex witnesses 318 point surge, Nifty at 10,242.70
Updated : 8 years ago IST
New Delhi [India], Mar 8 (ANI): Market indices ended significantly higher on Thursday evening trade for the first time in the last seven consecutive sessions, backed by short covering in banking and financials.
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Fintech Startup BANKIT starts operations to provide banking facilities at
Updated : 8 years ago IST
New Delhi [India], Mar. 08 (ANI): Inspired by India government's push for financial inclusion and focus on promoting digital transactions, Fintech Startup BANKIT has launched its operations in the country.
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Sensex closes 284.11pts lower, Nifty at 10,154.20
Updated : 8 years ago IST
Mumbai (Maharashtra) [India], Mar. 7 (ANI): Market indices ended significantly lower in Wednesday evening trade, owing to a dip in banking and oil stocks, and overall global slowdown.
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CBI calls Vipul Chitalia as 'mastermind' of PNB scam
Updated : 8 years ago IST
Mumbai (Maharashtra) [India] March 06 (ANI): A Special Central Bureau of Investigation (CBI) court on Tuesday sent Vipul Chitalia, the Vice President of Banking Operations of Mehul Choksi's Gitanjali Group, to CBI custody till March 17 in the multi-crore Punjab National Bank (PNB) fraud case
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AU Small Finance Bank enhances its digital banking offering for SME and MS
Updated : 8 years ago IST
New Delhi [India], Mar 6 (ANI): AU Small Finance Bank, a Fortune 500 company, is now going to enhance its digital banking services especially for SME and MSMEs.
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CBI detains Gitanjali Group VP
Updated : 8 years ago IST
New Delhi [India], Mar. 06 (ANI): The Central Bureau of Investigation (CBI) on Tuesday detained Vipul Chitalia, vice president - banking operations of Gitanjali Group of Companies at the Mumbai airport for questioning.
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