Search For "banking"
Kotak Mahindra Bank acquires BSS Microfinance
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 1 (ANI): Kotak Mahindra Bank has announced its execution binding share purchase agreement to acquire 99.49 percent of equity shares of BSS Microfinance Private Limited (BSS), a Non-Banking Finance Company, classified as a NBFC-MFI, from existing shareholders subject to
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Faircent names Dr. Shakti Goel as Chief of Product and Technology
Updated : 8 years, 7 months ago IST
New Delhi [India], Sep 16 (ANI): India's largest peer to peer lending marketplace Faircent.com today announced the appointment of Dr. Shakti Goel as Chief of Product and Technology. Dr. Goel's deep domain knowledge of Financial Markets and Banking would further accelerate the growt
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ICICI Bank introduces 'Software Robotics' to power banking opera
Updated : 8 years, 7 months ago IST
New Delhi [India], Sep 9 (ANI): India's largest private sector bank ICICI Bank has announced the deployment of 'Software Robotics' in over 200 business processes across various functions of the bank.
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Gugi banking Trojan outsmarts new Android 6 Security
Updated : 8 years, 7 months ago IST
New Delhi [India], Sept. 7 (ANI): Kaspersky Lab experts have discovered a modification of the Gugi banking trojan that can bypass new Android 6 security features designed to block phishing and ransomware attacks.
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Home Credit India, Intex Technologies tie-up for 0 pct interest on consume
Updated : 8 years, 7 months ago IST
New Delhi, Aug 27 (ANI): India's fast-growing Non-Banking Financial Companies (NBFC) Home Credit India Finance Pvt. Ltd. has announced its association with Intex Technologies, one of the largest smartphone and consumer durables companies in India.
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CarDekho.com launches digital loan platform for used car dealers
Updated : 8 years, 7 months ago IST
New Delhi, Aug 24 (ANI): India's leading auto portal CarDekho.com has launched Digital Loan Platform for Used Car Dealers to provide hassle-free loan experience to their customers. A potential car buyer can simply ask their dealer for loan offers on any pre-inspected car and with a few
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Expectations high as Urjit Patel appointed RBI Gov
Updated : 8 years, 7 months ago IST
New Delhi, Aug. 21 (ANI): Deputy Governor Urjit Patel, who will take charge as the 24th Governor of the Reserve Bank of India (RBI) was congratulated by Finance Minister Arun Jaitley and other members of the banking sector and India Inc for his new innings as incumbent Raghuram Rajan demits
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NIA registers 'preliminary inquiry' into J-K bank accounts showi
Updated : 8 years, 7 months ago IST
New Delhi, Aug. 17 (ANI): The National Investigation Agency (NIA) on Wednesday said certain bank accounts in Jammu and Kashmir have seen huge transaction of funds in the last few months despite the fact that these accounts are in names of persons, whose income doesn't warrant such banki
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NAREDCO organizes 13th National convention, exhibition in Delhi
Updated : 8 years, 7 months ago IST
New Delhi, Aug 13 (ANI-NewsVoir): At a time when the Indian banks are adopting a cautious approach for funding real estate projects, Private Equity (PE) funds and Non-Banking Financial Companies (NBFCs) seems to have come to the rescue of the Indian real estate market.
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Cabinet approves foreign investment in other Financial Services sector
Updated : 8 years, 7 months ago IST
New Delhi, Aug 10 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday gave its approval to amend regulation for foreign investment in the Non- Banking Finance Companies (NBFCs).
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RBI issues bank licence norms, bars conglomerates
Updated : 8 years, 7 months ago IST
New Delhi, Aug 2 (ANI): The Reserve Bank of India (RBI) on Monday released guidelines for 'on tap' licensing of universal private sector banks under which the applicants can apply for a banking licence anytime as opposed to a limited-period window that the central bank previously u
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Brexit impact: Lloyds Bank to cut 3,000 jobs, close 200 branches
Updated : 8 years, 7 months ago IST
London, July 29 (ANI): The negative impacts of Brexit have already started hitting the British economy as British Lloyds Banking Group on Friday announced, that it is cutting 3,000 jobs and shutting 200 branches, as the lender braces for a cut in interest rates following Britain's exit
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