(Sunday, 19 May 2013 23:30)
The revenue-sharing model proposed by NPCI is based on a projection of roughly 9.3 million mobile banking transactions a month.
(Sunday, 19 May 2013 23:30)
Executives from Yes and RPG will meet on Monday to settle the issue which has made the corporate world worried about the security of bank accounts.
(Friday, 17 May 2013 22:11)
The bank has blocked the accounts of the beneficiaries, but the hackers have already managed to withdraw some funds from the accounts, sources said.
(Friday, 17 May 2013 10:43)
NBFCs which are already engaged in lending to sectors classified under priority sector lending norms would have an edge over others in this aspect.
(Thursday, 09 May 2013 10:13)
"I would not say there is an outright improvement, but people would be taking a view that things are bottoming out from here, " a fund manager said.
(Wednesday, 08 May 2013 22:30)
The central bank has been reducing key policy rates in order to boost growth. It has repo rate by 100 basis points since April 2012 to boost growth.
(Thursday, 11 April 2013 23:30)
The Aditya Birla group has drawn up plans to shore up its NBFC business ahead of the $40-billion conglomerate's plan to apply for a bank licence.The metals-to-retail group will invest .
(Thursday, 11 April 2013 23:30)
ICICI Bank and HDFC Bank had appointed Deloitte Touche Tohmatsu India to carry out an independent forensic enquiry into the allegations.
(Wednesday, 10 April 2013 23:30)
Present guidelines prescribe that any takeover of control of a deposit-taking NBFC, whether by acquisition of shares or merger, needs prior approval of RBI.
(Tuesday, 09 April 2013 23:30)
Some committee members also dissented with RBI seeking feedback on applicant groups from investigative agencies like Income Tax, CBI and ED.
(Sunday, 07 April 2013 23:30)
IRDA regulator may evolve its own guidelines on ‘know your customer’, compounding the enormous paper work that acts as a deterrent to small investors.
(Sunday, 31 March 2013 06:46)
The bank's net interest margin had moved up to 2.30 per cent for the December quarter, up from 1.89 per cent a year ago.
(Sunday, 31 March 2013 06:25)
The Ministry also sought details of "recovery made and prudential write offs category for the period 2006-07 to 2011-12".
(Thursday, 28 March 2013 11:41)
Public sector Bank of Baroda has inaugurated its 100th branch in Tamil Nadu taking its total to 4,180 branches.
(Thursday, 21 March 2013 17:04)
The Reserve Bank asked banks to keep open their designated tax collecting branches on March 29, 30, 31 to facilitate tax collection.
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