Axis bank, the 3rd largest private sector lender tied up with Bahrain’s Ahli United Bank for inward remittances. What does this tie up would bring in for customers...
Finance Minister Pranab Mukherjee elected as Chair of the ADB’s Board of Governors. The 46th yearly meeting of ADB (Asian Development Bank) will be held in India in...
1. Which among the following organization has been conducting surveys of the strength of financial markets of various countries and ranks them accordingly in its flagship annual “Financial...
The Government has recently accepted the recommendations of former RBI deputy governor Shyamala Gopinath panel which would help investors earn higher interest on small savings schemes such as...
Standard Chartered Bank unveiled Breeze Banking for India, becoming the first international bank to introduce a suite of customisable banking services incorporating internet, smartphone technology and social media....
With a view to inter-connect the ATMs in the country and facilitate easy banking for the common man, the Institute of Development and Research in Banking Technology (IDRBT),...
The new RBI guidelines on Financial Inclusion have shifted the onus from “‘one district-many banks” to “‘one district-many banks-one leader bank“. The new operational guidelines are for the...
Bancassurance, a term coined in the early 1990s, refers to the practice of financial institutions integrating the selling of banking and insurance products through a common distribution channel....
As per Section 24 (2A) of Banking Regulation Act 1949, every banking company in India has to maintain equivalent to an amount which shall not at the close...
