Search For "banks"
PSBs record decline in NPA recovery
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 7 (ANI): Minister of State in the Ministry of Finance, Santosh Kumar Gangwar, revealed in Rajya Sabha on Tuesday that Public Sector Banks (PSB) recorded a moderate decline of Rs. 2,556 Crore in recovery of Non-Performing Assets (NPA).
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NABARD to monitor conversion of Kisan Credit Cards into RuPay Cards on mis
Updated : 8 years, 7 months ago IST
New Delhi[India], Feb. 7(ANI):Acting on the promise made by Prime Minister Narendra Modi on 31st January post demonetization, the Government has now decided that NABARD will coordinate the conversion of operative/live Kisaan Credit Cards into Rupay ATM cum Debit Kisaan Credit Cards (RKCCs)
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Kazkommerts bank to start enabling acceptance of JCB cards in Kazakhstan
Updated : 8 years, 7 months ago IST
Tokyo [Japan], Feb 7 (ANI): JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB has announced the launch of JCB card acceptance through Kazkommertsbank (Qazkom), which is one of the largest commercial banks in the Commonwealth of Independent States (CIS) and th
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RBI proposes to waive off bank transactions charges and decrease interest
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 4 (ANI): In an attempt to promote cashless transactions in the country, Reserve Bank of India (RBI) has given banks the freedom to fix bank service charges for transactions, stated Santosh Kumar Gangwar, Minister of State in the Ministry of Finance, in Lok Sabha on Fr
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Banks to issue Electoral Bonds to enable donations to political parties
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 01 (ANI): In a significant step to cleanse the system of funding of political parties, the Union Minister for Finance and Corporate Affairs Arun Jaitely announced on Wednesday that donations to political parties can soon be made by purchasing electoral bonds from auth
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Paladion introduces OnDemand, a cyber-security platform for banks
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 1 (ANI): Paladion, a global leader in information risk management, launched Paladion OnDemand, a unified cyber-security management platform, that integrates protection across endpoints, mobile devices, network, applications, data, identities and cloud; and provides re
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CII calls for identifying more employment-generating sectors
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 1 (ANI): Recapitalisation of banks will ensure more credit, said Chadrajit Banerjee, DG, CII, on Wednesday. After the announcement of the Economic Survey 2016-17 on Tuesday, Banerjee emphasised on the importance of changing personal income tax slabs in the country, as
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Cong defends Manmohan Singh, accuses govt. of 'shamelessly' allo
Updated : 8 years, 7 months ago IST
Bengaluru (Karnataka) [India], Jan. 31 (ANI): Defending former prime minister Dr Manmohan Singh following allegations that the UPA regime facilitated loans to Vijay Mallya's now-defunct Kingfisher Airlines from a consortium of banks, the Congress Party turned the tables on the ruling di
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Future Generali India Insurance ties up with Bank of Maharashtra
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 30 (ANI): Future Generali India Insurance company ltd., 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 Bank of Mahar
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Cabinet approves short term market borrowing by NABARD for lending to Coop
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan. 24 (ANI): The Union Cabinet on Tuesday approved the proposal of short term borrowing by the National Bank for Agriculture and Rural Development or NABARD, in order to lend funds to Cooperative banks.
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SBI-led consortium of banks moves SC in Aircel-Maxis case
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan. 24 (ANI): The consortium of banks led by the State Bank of India (SBI) moved the Supreme Court today in the Aircel-Maxis case, as they want to to be heard by the top court ahead of any decision on banning Aircel's 2G spectrum.
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Debt Recovery Tribunal allows bank to recover debt from Mallya
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan. 19 (ANI): The Debt Recovery Tribunal (DRT) on Thursday allowed Kingfisher Airlines' consortium of 17 banks to start the proceedings to recover over Rs. 6,000 crore from liquor baron Vijay Mallya.
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