Search For "banks"
'Need to convert billions of rupees accumulated in Indian banks,' says Lav
Updated : 2 years, 10 months ago IST
"As for the rupees this is a problem because we accumulated billions of rupees in accounts in the Indian banks and we need to use this money", said the Russian Foreign Minister during a media briefing here.
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J-K: Northern Army Commander pays tribute to technician killed in chopper
Updated : 2 years, 10 months ago IST
An Army Aviation ALH Dhruv helicopter on an operational mission crashed while making a 'precautionary landing' on the banks of Marua River in Jammu and Kashmir's Kishtwar, officials said on Thursday.
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US Fed's interest rate hike continues in fight against inflation, raises b
Updated : 2 years, 10 months ago IST
The US monetary policy committee, seeking to achieve inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by another 25 basis points to 5.0-5.25 per cent at its latest two-day review meet held during May 2-3.
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FM Sitharaman meets Japan Bank for International Cooperation's governor in
Updated : 2 years, 10 months ago IST
According to the finance ministry's tweet on Wednesday, the finance minister encouraged the engagement of JBIC with Indian financial institutions such as Exim Bank, National Investment and Infrastructure Fund (NIIF) and lending banks to leverage the strength and complementarities of both cou
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Funded by Kotak Securities, Fintech firm BankSathi closes FY23 with net re
Updated : 2 years, 10 months ago IST
Bangalore (Karnataka) [India], May 3 (ANI/NewsVoir): BankSathi, India's largest Agent Based financial products distribution platform, closed FY23 with a net revenue of Rs 60 crore, marking a 120 per cent growth over FY22. The company's exceptional growth was fuelled by a 300 per cent surge i
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After US bank failures, agencies directed to analyse deposit insurance mec
Updated : 2 years, 10 months ago IST
Following the failures of a few US banks, Federal Deposit Insurance Corporation (FDIC) Chairman Martin J Gruenberg directed the relevant agencies to conduct an analysis of the current deposit insurance framework and identify reform options as well as additional tools that can be used to maxi
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International Financial Services Centres Authority (IFSCA) inks MoU with I
Updated : 2 years, 10 months ago IST
Hyderabad (Telangana) [India], May 2 (ANI/PRNewswire): International Financial Services Centres Authority (IFSCA) and IHub-Data, IIIT Hyderabad signed an MoU at IIIT Hyderabad campus today.
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Uttarakhand DGP directs strict action against hooliganism, drugs abuse in
Updated : 2 years, 11 months ago IST
Uttarakhand Director General of Police Ashok Kumar on Friday directed all the district in-charges to immediately arrest those who indulge in hooliganism and drugs on the banks of the Ganges and pilgrimage sites.
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UAE Banks Federation approves 2023 strategy for banking sector development
Updated : 2 years, 11 months ago IST
The UAE Banks Federation (UBF) recently held its annual general meeting, chaired by Abdulaziz Al Ghurair, the Chairman of the Federation
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Banking infrastructure needs to be strengthened further including opening
Updated : 2 years, 11 months ago IST
The conclave was organised by the ministry of development for the North Eastern Region, North Eastern Development Finance Corporation (NEDFi) and State Bank of India with Confederation of Indian Industry the Industry, was held on Friday in New Delhi.
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SBI Research highlights how PMMY revolutionised socio-cultural fabric of n
Updated : 2 years, 11 months ago IST
According to SBI Research, MUDRA has created an indelible print on India's rising micro, small and medium enterprises' (MSME) prowess through relentless promoting by a wide array of MLIs which are scheduled commercial banks (SCBs), non-banking finance companies (NBFCs), regional rural banks
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RBI governor says looking at business models of banks more closely
Updated : 2 years, 11 months ago IST
A resilient bank needs to be financially, operationally and organisationally resilient and should have adequate capital buffers to be able to generate earnings even in times of severe macroeconomic shocks, said Reserve Bank of India governor Shaktikanta Das, adding that it has started loo
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