Kotak Mahindra Bank (KMB) launched a mobile banking app ‘Kotak Bharat’ aiming to provide mobile banking services to customers in the remotest regions of India. Specifications: The Android-based app is specifically...
On 29 July, the Royal Bank of Scotland (RBS) has decided to sell its private banking business in India to Sanctum Wealth Management, in line of its prior...
IndusInd Bank has acquired the diamond and jewellery (bullion) financing business and related deposit portfolio of Royal Bank of Scotland (RBS) for 4,100 crore rupees on 28 July 2015. Britain’s...
Computer Science Corporation (CSC) and Hindustan Computer Limited (HCL) to big IT companies have signed an agreement to form a new company to provide technology services and solutions...
Infrastructure Development Financing Company (IDFC). Ltd became second lender to enter the banking sector since 2004, as the Reserve Bank of India granted Banking licence on 24 July...
Anand Krishnamurthy is now the new MD and CEO of Catholic Syrian Bank (CSB) replacing Rakesh Bhatia who had quit due to personal reason. This appointment was done by...
The New Development Bank (NDB) created by Brazil, Russia, India, China and South Africa (BRICS) nations formally started its operations from its headquarters in Shanghai, China. Chinese Finance...
Reserve Bank of India has signed a special currency swap agreement with the Central Bank of Sri Lanka (CBS). Under this agreement, Sri Lankan bank can draw up...
Reserve Bank of India (RBI) has constituted a committee to prepare a 5 year action plan to spread the reach of financial services across country to unbanked population....
eMudhra Limited, a leading certifying firm in the country for digital signatures launched first of its kind eSign services in the country as part of the Digital India...
