Search For "banks"
"Nothing stops private sector from coming and doing business in India": Ni
Updated : 1 year, 5 months ago IST
"Nothing stops them from coming and doing business. There are actually a lot of private Banks already in India. Private insurance companies already in India. Private insurance companies which are not Indian, which are already in India," Sitharaman said.
Read More
Nirmala Sitharaman highlights Global South's contributions to foundations
Updated : 1 year, 5 months ago IST
Sitharaman urged the World Bank to promote a two-way exchange of innovations, drawing from the transformative experiences of the Global South in areas like digital inclusion and sustainable energy.
Read More
Temenos Signs Multi-Country Model Bank Development Agreement with Bahwan C
Updated : 1 year, 5 months ago IST
New Delhi [India], October 25: Temenos (SIX: TEMN) announced that it has signed a Multi-Country Model Bank development agreement with Bahwan CyberTek (BCT), a global digital transformation company. Temenos Country Model Banks offer financial institutions a faster go-live experience with Teme
Read More
How to Open an FD Account with Attractive Interest Rates?
Updated : 1 year, 5 months ago IST
Pune (Maharashtra) [India], October 24: Fixed Deposits (FDs) remain one of the most preferred investment options, especially for risk-averse individuals seeking a stable return. The guaranteed returns, relatively higher interest rates compared to a regular savings account, and flexibility in
Read More
Finance Minister increases Chief General Manager posts in five more natio
Updated : 1 year, 5 months ago IST
The Finance Minister on Monday approved the creation of the Chief General Manager post (CGM) in five more nationalised banks, the Ministry of Finance said in a release.
Read More
Gold NBFCs will benefit from potential rate cuts and prices surge: Jefferi
Updated : 1 year, 5 months ago IST
The non-banking financial companies (NBFCs) that focus on gold loans are poised to gain from the dual tailwinds of rising gold prices and potential rate cuts in the near future, Jefferies said in a report.
Read More
Gold soars to record Rs76,899 per 10 grams amid global tensions and Fed ra
Updated : 1 year, 5 months ago IST
Experts say the surge in gold prices came amid a confluence of factors, including major central banks' dovish outlooks, slightly lower bond yields, and heightened geopolitical tensions.
Read More
Uttarakhand govt signs MOUs with different banks to provide benefits to go
Updated : 1 year, 5 months ago IST
In the presence of Chief Minister Pushkar Singh Dhami and Finance Minister Premchand Aggarwal, State Bank of India, Bank of Baroda, Union Bank of India, Canara Bank and District Cooperative Bank signed an MoU with the Uttarakhand government.
Read More
Even with potential cut in repo rate, bank deposit rates unlikely to be lo
Updated : 1 year, 5 months ago IST
A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are expected to remain high due to the prevailing high credit-to-deposit ratio.
Read More
Tamil Nadu DyCM inspects lake banks, canals amid heavy rainfall in Chennai
Updated : 1 year, 5 months ago IST
Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin conducted a survey of Narayanapuram lake banks and Ambedkar road canals on Monday as the state experienced heavy rainfall earlier.
Read More
RBI directs payment service providers to enhance accessibility for persons
Updated : 1 year, 5 months ago IST
With digital payment systems becoming increasingly popular among all segments of the population, including differently-abled individuals, the RBI's latest guidelines urge payment system participants (PSPs)--comprising banks and authorized non-bank payment providers--to review and modify thei
Read More
Rising deposit costs will exert pressure on NIM of banks in Q2 FY25: Repor
Updated : 1 year, 5 months ago IST
Most banks are set to hold steady on a sequential basis in terms of net interest margin (NIM), although a few may witness a slight decline.
Read More