New Delhi [India], February 24 (ANI): The Central government on Wednesday has lifted the embargo placed granting businesses to private banks, which is expected to enhance customer convenience, spur competition and higher efficiency in standards of customer services.
Mumbai (Maharashtra) [India], Feb 18 (ANI): Equity benchmark indices edged lower on Thursday with traders booking profit in auto, private banks and financial stocks.
Mumbai (Maharashtra) [India], February 18 (ANI): Equity benchmark indices were on a downswing during afternoon on Thursday with heavy selling over financial and private banking counters.
Mumbai (Maharashtra) [India], February 12 (ANI): Equity benchmark indices ended flat on Friday but private banks showed some gains despite a volatile trading session.
Mumbai (Maharashtra) [India], January 18 (ANI): Tata Motors said on Monday it has entered into partnerships with leading private banks and non-banking finance companies (NBFCs) to offer its commercial vehicle customers an array of financial offerings.
Mumbai (Maharashtra) [India], December 29 (ANI): Equity benchmark indices moved up 0.7 per cent during early hours on Tuesday as foreign fund flows seemed unstoppable and the global cues equally supportive.
New Delhi [India], November 20 (ANI): Reserve Bank of India (RBI), on Friday, released a report on Extant Ownership Guidelines for Indian private sector banks, which was prepared by an Internal Working Group (IWG) appointed by the central bank.
Mumbai (Maharashtra) [India], October 1 (ANI): Equity benchmark indices closed 1.6 per cent higher on Thursday with across-the-board buying in all sectors as investors hoped for another stimulus package from the government to offset Q1 losses stemming from COVID-19 lockdown.
New Delhi [India], September 25 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that around Rs 1.77 lakh crore credit has been sanctioned by Public Sector Banks (PSBs) and private banks to MSMEs and individuals reeling under the slowdown caused by the coronavirus pandemic.
Mumbai (Maharashtra) [India], September 20 (ANI): The Ministry of Railways has permitted 10 per cent of the total staff of all cooperative and private banks to travel by Mumbai suburban trains.
Mumbai (Maharashtra) [India], September 3 (ANI): Indian private banks which have stronger loss-absorption buffers than the public sector banks are likely to gain market share from their state-owned peers in the medium term, Fitch Ratings said on Thursday.
New Delhi [India], Aug 14 (ANI): Union Finance Minister Nirmala Sitharaman on Friday said that a total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme by public sector banks and private banks stands at Rs 1,43,318.09 crore.