Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, listens during a Senate Banking Committee confirmation hearing in Washington, D.C., on Thursday, Feb. 13, 2020. Andrew …
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Bank
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Kotak Mahindra Bank has revised the interest rate on fixed deposits (FD). For FDs maturing in 7 to 30 days, 31 to 90 days and 91 to 179 days, Kotak …
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The lender said that up to 28,30,18,867 equity shares of face value of Rs 1 each at an issue price of Rs 8.48 each will be issued to the insurance …
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Bandhan (rated ‘buy’) can benefit. BJP’s election manifesto for Assam doesn’t propose loan waivers, but may offer financial support to stressed borrowers & tighten collection norms. This is a positive …
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Private sector lender HDFC Bank special fixed deposit scheme for senior citizens has been extended for the third time. The bank offers a special fixed deposit (FD) scheme for senior …
- Finance
Canara Bank receives e-bids for 14 lakh sq ft Supreme Business Park in Mumbai; reserve price Rs 1,370 cr
Canara Bank put the property up for auction under SARFAESI, seeking to recover Rs 385 crore after the loan to the property developer Supreme Housing and Hospitality Pvt Ltd. Image: …
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RBI had last issued banking licence in 2014 to Kolkata-based Bandhan Bank and IDFC. The Reserve Bank of India(RBI) on Monday constituted a committee headed by former deputy governor Shyamala …
- Business
Market Highlights: Sensex jumps from lows but ends with marginal losses, Nifty closes flat; Bank stocks drag
Bharti Airtel informed the bourses that it has approved the allotment of 3,64,69,913 equity shares of the face value of Rs 5 each fully paid up, on a preferential basis …
- Finance
Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds
Morgan Stanley is the first big U.S. bank to offer its wealth management clients access to bitcoin funds, CNBC has learned exclusively. The investment bank, a giant in wealth management …
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The United Forum of Bank Unions (UFBU), the apex body of nine organisations of bank employees, has announced a two-day nation-wide strike on March 15 and March 16 to protest …
- Business
Share Market highlights: Sensex tanks 487 pts on closing, Nifty ends above 15,000; RIL, bank stock drag indices
“Nifty has rallied to a near one-month high today, boosted by strong overnight cues from Wall Street. The passage of the $1.9 trillion US fiscal relief package has caused risk …
- Finance
Bank branches closed for next 4 days; SBI, other PSU banks may get hit as unions strike on March 15-16
About 10 lakh bank employees and officers of the banks will participate in this two-day strike Bank branches may remain closed for the next four days, including a two-day weekend …
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IFSC codes of e-Andhra and those of e-Corporation Bank branches have been changed. Old IFSC codes of branches of both banks will not be valid from April 2021 since the …
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or loans above Rs 75 lakh, ICICI Bank is charging a rate of 6.75% or more. Much like SBI, ICICI Bank too is offering the revised rates till March 31. …
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With fixed deposit (FDs) rates ruling at historical lows, investors using bank FDs for regular income or as an avenue to build a risk-free corpus are left with few choices. …
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Additionally, this platform offers all the features that would provide potential customers with a convenient, hassle-free and paperless banking experience from the comfort of homes. Federal Bank has announced the …
- Business
Market HIGHLIGHTS: Sensex jumps 1,030 pts, Nifty settles near 15,000 in extended session; HDFC Bank up over 5%
The NSE, BSE, and Metropolitan Stock Exchange (MSE) issued circular, dated February 06, 2021, to transfer the Trading, as well as, the demat accounts held by Karvy Stock Broking Limited …
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The bank is likely to raise capital in the second half of 2021 and is also planning to come out with a credit card of its own. Federal Bank expects …
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A detailed framework for the ARC is in the works, financial services secretary Debasish Panda said earlier this month, adding that the government will not be putting in any money. …
- Finance
I want to run the bank professionally, create value for shareholders: JK Shivan, MD & CEO, Dhanlaxmi Bank
JK Shivan Dhanlaxmi Bank appointed JK Shivan as the managing director and CEO on February 1 after an unprecedented move of taking shareholders’ approval by e-voting. Shivan tells Rajesh Ravi …
- Finance
Union Bank of India, Syndicate Bank post highest UPI failure rates; Paytm sees lowest decline rate
Andhra Bank and Indian Bank recorded the second and third highest TD rate of 10.40 per cent and 9.83 per cent respectively in January. Public sector lender Union Bank of …
- Finance
Deccan Urban Co-op Bank withdrawals capped at Rs 1000 per customer; RBI bars from lending, investing
(Image- REUTERS) The Reserve Bank of India (RBI) on Friday imposed a Rs 1,000 cap on withdrawals from all savings, current or any other accounts of Deccan Urban Cooperative Bank. …
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A S Rajeev, MD & CEO of BoM, said they were looking at offering a fully digital financing experience to MSME customers, suppliers and distributors of leading corporates. Bank of …
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A woman takes photos of the container ship Ever Legacy being offloaded after arriving from Taipei at the Port of Los Angeles, which is the nation’s busiest container port, on …
- News
India tops world in road crash deaths and injuries, 1.5 lakh die in accidents every year, says World Bank
The World Bank also noted that India has only one percent of the world’s vehicles, but accounts for 11 percent of all road crash deaths in the world Representational image. …
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In 2002, eBay bought PayPal for $1.5 billion, turning it into the way you’d buy and get paid for items you sell on the ginormous auction site. But the once-happy …
