Banking
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Lok Sabha passes Payment of Wages (Amendment) Bill
New Delhi, (IANS) : The Lok Sabha on Tuesday passed a bill which enables employers to pay wages through cheque…
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Foreign funds’ inflow, strong rupee buoy Indian equities
Mumbai, (IANS) : Inflow of foreign funds, coupled with a strong rupee buoyed the Indian equities markets on Thursday. However,…
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Allahabad Bank raises Rs 1,000 cr capital
Kolkata, (IANS) : Public sector lender Allahabad Bank on Friday said it has raised Rs 1,000 crore in tier-two bonds…
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‘SBI, other PSU banks to intervene in Aircel-Maxis case’
New Delhi, (IANS) : The State Bank of India and other public sector banks on Tuesday moved the Supreme Court…
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Islamic Development Bank to open first Indian branch in Gujarat
Gandhinagar, (IANS) : India will soon have Islamic banking facilities with the Saudi Arabia-based Islamic Development Bank (IDB) set to start…
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Demonetisation to drag corporates’ Q3 gross revenues to 4%: Crisil
New Delhi, (IANS) : The impact of demonetisation is expected to drag the revenues of the corporate sector to 4…
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Customers, pumps won’t pay any card payment charges: Pradhan
New Delhi, (IANS) : Clarifying on on the issue of charges for transactions through cards at petrol pumps, Petroleum Minister…
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Asset deterioration a challenge for Indian banks: Moody’s
Chennai, (IANS) : Global credit rating agency Moody’s on Monday said asset deterioration is a challenge for Indian banks over…
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`Indian mutual fund industry soon to touch Rs 20 lakh crore’
Chennai, (IANS) : The assets under management (AUM) of the Indian mutual industry are expected to touch Rs 20 lakh…
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RBI relaxes ATM daily withdrawal limit to Rs 4,500 from Rs 2,500
Mumbai, (IANS) : Following expiry of the deadline to deposit demonetised currency in banks, the RBI on Friday relaxed the daily…
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