Search For "banking"
RBI penalises two authorised dealer banks over violation of instructions
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 26 (ANI): The Reserve Bank of India (RBI) on Wednesday imposed monetary penalty on the Hongkong and Shanghai Banking Corporation Ltd. and the Kotak Mahindra Bank for violation of instructions on reporting requirements of FEMA 1999.
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RBI's tightening of prompt corrective action framework positive for b
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 19 (ANI): According to credit rating agency ICRA, the Reserve Bank of India's (RBI)'s revision in the prompt corrective action (PCA) framework for the banks is a positive and a welcome step, given the operating and financial profile of some of the banks.
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Asset quality woes to continue affecting banks in FY2018: ICRA
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr. 13 (ANI): Based on an analysis of the asset quality of the Indian banking sector conducted by credit-rating body ICRA, it can be observed that although the fresh non-performing asset (NPA) generation rate continues to show signs of moderation, declining asset quality
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HDFC Bank launches its UPI on Chillr
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr. 7 (ANI): HDFC Bank Ltd. on Friday announced the launch of its Unified Payment Interface (UPI) on India's first multi-bank payment app, Chillr. With this launch, HDFC Bank UPI will be available on Chillr, in addition to the bank's Mobile Banking app.
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World's largest corporate Masala bond starts trading on London Stock
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 30 (ANI): London Stock Exchange today welcomes the world's largest corporate Masala bond. The landmark bond issuance from Housing Development Finance Corp (HDFC), one of India's leading banking and financial services companies comes less than 12 months after
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Bharatiya Mahila Bank to merge with SBI
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 20 (ANI): The Government of India has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to a larger number of women, at a faster pace.
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Smartphone users can now enhance security with Iris scanners
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 20 (ANI): The advent of smartphones within the country has brought about a paradigm change in the lifestyles of Indian consumers. But with the rise in online transactions, mobile-based banking, and the amount of personal data stored on mobile devices, there have also
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ICICI Bank launches 'Mera iMobile' for rural customers
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 20 (ANI): Private sector bank ICICI Bank Ltd on Monday announced the launch of a unique mobile banking app 'Mera iMobile' for rural customers that will allow them to access banking services as well as information on agri services.
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RBI issues directions on Alwar Urban Co-operative Bank
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 9 (ANI): The Reserve Bank of India on Thursday notified an issue to Alwar Urban Co-operative Bank under sub-section (1) of Section 35A of the Banking Regulation Act, restricting the bank to grant or renew any loans and advances, make any investment, incur any liability
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Gradeup launches paid mock test app for competitive exam aspirants
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 8 (ANI): India's largest test prep community, Gradeup, in an attempt to provide value added services to aspirants, has released a new app. This app contains paid practice tests for a number of Banking, SSC, and GATE exams.
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Kotak Mahindra Bank launches DigiLocker to eliminate use of physical docum
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 7 (ANI): Kotak Mahindra Bank (KMB) on Tuesday announced that it has become India's first bank to launch access to DigiLocker on the Bank's Net Banking platform.
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Strike disrupts banking services in Tripura
Updated : 8 years, 7 months ago IST
By Pinaki Das
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