Search For "banks"
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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SBI begins operations as merged entity from April 1
Updated : 8 years, 7 months ago IST
Mumbai (Maharashtra) [India], Apr. 1 (ANI): The State Bank of India has merged its five Associate Banks - State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore besides Bharatiya Mahila Bank - with itself with effect f
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RBI announces closure of all payment systems on April 1
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 30 (ANI): Contrary to its previous announcement that was circulated with regards to banks being operational on April 1, the Reserve Bank of India (RBI) in a revised circular stated that all payment systems will be closed on the aforementioned date.
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Artificial Intelligence crucial for banks to transform customer experience
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 29 (ANI): According to Accenture's latest report, banks should use artificial intelligence (AI) to help understand the intentions and emotions of customers and enable better interactions.
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Bank fraud case: ED attaches assets of Deccan Chronicle Holdings Limited
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 28 (ANI): The Enforcement Directorate has attached the assets of Deccan Chronicle Holdings Limited (DCHL), Hyderabad in a bank loan fraud case, for causing a total loss of Rs.1161.93 Crore to six public sector banks.
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British banks handled vast sums of laundered Russian money: Media report
Updated : 8 years, 7 months ago IST
London [UK], Mar. 21 (ANI): Britain's high street banks processed nearly USD 740 million from a vast money-laundering operation run by Russian criminals with links to the Russian government and the KGB, according to a report by the Guardian.
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Future Generali India Insurance ties up with UCO Bank
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 15 (ANI): Future Generali India Insurance Company Limited (FGII), a joint venture between Future Group - the game changers in Retail Trade in India and Generali - a 186 years old global insurance group, has entered into a corporate agency tie-up for its products with U
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Sector specific measures will be taken to deal with decline of NPAs, says
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 15 (ANI): Union Finance Minister Arun Jaitley on Wednesday said it is a challenge to deal with the Non Performing Assets (NPAs) of the banks, which have witnessed a decline in the last quarter of the current financial year.
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Cash withdrawal limits from banks removed from today
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 13 (ANI): All restrictions on cash withdrawal from savings bank account have been removed from today as the Reserve Bank of India (RBI) had announced about it last month.
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Security system integrators AnG India completes RBI mandate within 25 days
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 9 (ANI): With the radical move of the demonetization of currency notes of 500 and 1000 on November 8th, the Government of India took several vital steps to ensure the safety of banks. RBI has given the directives to all Private and Government banks to preserve the vide
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Vijay Mallya loan default case hearing continues in SC today
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 9 (ANI): The hearing over the loan default case of liquor baron Vijay Mallya will continue in the Supreme Court today, as the State Bank of India (SBI)-led consortium of banks have filed a plea seeking recovery of the loan amount worth to the tune of Rs 9,000 crores a
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Genpact, OutsideIQ Alliance helps financial institutions transform complia
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 7 (ANI): Global professional services firm focused on delivering effective digital transformation Genpact and OutsideIQ, a leader in investigative cognitive computing announced their team up to help banks and financial services companies transform mission critical due
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