To expand its global presence, the Canara Bank received a license from the US regulators to open a branch in New York. As stated by the Chairman and...
The Securities and Exchange Board of India (SEBI) sets out minimum deposit requirements for members in the debt segment of the stock exchanges. As per the circular issued...
The Government of India appointed Ms Usha Sangwan as the first woman managing director of Life Insurance Corporation of India (LIC) and Vijay Kumar Sharma as an MD...
The Reserve Bank of India (RBI) will issue Inflation Indexed National Savings Securities Cumulative (IINSS-C) bonds (or inflation linked bonds) for retail investors by opening the subscription on...
As per a study conducted by the International Association of Public Transport (UTIP), Kolkata (31) ranked top in the public transport among Indian cities. The other cities studied...
Capital market regulator, Securities and Exchange Board of India (SEBI) exempted the government from making an open offer to public shareholders for acquiring shares of Indian Overseas Bank...
The Reserve Bank of India (RBI) outlined a corrective action plan to minimize rising Non-performing assets (NPAs). The plan include three steps:- To motivate early identification of problem...
The Reserve Bank of India (RBI) in its mid-quarter Monetary Policy Review kept the interest rates unchanged. By this move, the central bank gave the indication that solely...
The Union Ministry of Finance, Government of India appointed C. V. R. Rajendran as Andhra Bank Chairman and Managing Director. Previously, he was Executive Director of Bank of...
Harsh Kumar Bhanwala has been appointed as Chairman of the National Bank for Agriculture and Rural Development (NABARD) by the Centre. Bhanwala, succeeds Prakash Bakshi, who retired as...
