China has nominated its former finance Minister Jin Liqun as the Presidential candidate for $100 billion Asian Infrastructure Investment Bank (AIIB). Presently, Jin is Secretary General of AIIB’s...
Union government has appointed Sriram Kalyanaraman as the Managing Director (MD) and Chief Executive Officer (CEO) of National Housing Bank (NHB) for a period of five years. With...
State run telecom giant Bharat Sanchar Nigam Limited (BSNL) launched pre-paid card linked mobile wallet service ‘Speed Pay’. It was launched by Union Telecom Minister Ravi Shankar Prasad...
50 founding nations including India have signed 60-article agreement of China-led multilateral Asian Infrastructure Investment Bank (AIIB). Australia was the first country to sign the agreement and was...
Australia has decided to join the China-led Asian Infrastructure Investment Bank (AIIB) as a founding member. In this regard, Australia will contribute paid-in capital of 718.5 million US...
The Reserve Bank of India (RBI) has extended the date to exchange pre-2005 bank notes till December 31, 2015 for third time. Earlier in December 2014, RBI had...
HDFC Bank, India’s second-largest private sector lender has launched a 10-second paperless instant loan Scheme for its existing customers. The 10-second loan Scheme was launched as part of...
Mahendra Kumar Sharma was appointed as non-executive chairman of India’s largest private sector lender Industrial Credit and Investment Corporation of India (ICICI) Bank. He will replace K V...
Kotak Mahindra Bank and ING Bank have inked a memorandum of understanding (MoU) for exploring opportunities arising from cross-border business, investment and trade flows across various regions, including...
Reserve Bank of India (RBI) has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5 per cent to 7.25 per...
