Mumbai (Maharashtra) [India], June 16: IndusInd Bank has today announced its partnership with Wise, the global technology company specializing in moving and managing money around the world, to offer online inward remittance services to Non Resident Indians (NRIs) residing in US and Singapore
Mumbai (Maharashtra) [India], June 16: Indian private sector lenders have been more vocal in their comments and opinions by occupying a lion's share in the visual media news space during April compared to their state-run cousins.
Mumbai (Maharashtra) [India], June 15: In the rapidly evolving world of banking and finance, small finance banks are emerging as powerful catalysts for digital financial inclusion. These institutions are revolutionizing the way banking services are delivered to the unbanked and underserved p
The credit quality of Indian banks and non-bank financial institutions will remain resilient despite a challenging environment for banks globally, according to Moody's Investors Service which said they are well placed to weather global banking sector stress.
Six commercial banks have announced that they have reduced the rate for demand deposits from 0.25 per cent to 0.2 per cent. The banks have reduced the interest rates on deposits covering a fixed period of time.
Delhi's Rohini Court has granted bail to a man accused in a case of cheating of lakhs of rupees on the pretext of providing government jobs including banks.
"Bolivia does not have the conditions for a change from the dollar to the yuan currently because all the income from imports and exports that the country makes go to markets where we are paid in dollars and imports are also in dollars. On the other hand, we also have a trade balance with Chi
The Adjudicating Authority has issued show cause notices to Xiaomi Technology India Private Limited, its officials and three banks under section 16 of the Foreign Exchange Management Act on the basis of a complaint filed by the Enforcement Directorate (ED) with respect to illegal remittances
"In a significant move, the Central government on Friday took four important initiatives to strengthen 1,514 Urban Co-operative Banks (UCBs) in the country realising Prime Minister Narendra Modi's vision of 'Sahakar se Samridhi," the statement said.
On May 19, RBI decided to withdraw the Rs 2,000 denomination currency notes from circulation, but said it will continue to remain as legal tender. However, RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.
New Delhi [India], June 7: Hisense India, a leading consumer electronics and home appliances company, is pleased to unveil its highly anticipated Super Brand Days. The event presents customers with an exceptional opportunity to acquire the latest Hisense products at WOW prices of up to 40 pe