India thinks over ‘Diaspora Bonds’ India is examining to introduce “Diaspora Bonds” to attract investment from NRIs (Non-Resident Indians), to facilitate greater inflow of funds in the infrastructure sector. The...
Sharad Sharma has been appointed as the Executive Director of Geojit BNP Paribas to oversee the company’s operations. Satish Menon, also the Executive Director, will be responsible for...
India’s largest public sector bank, State Bank of India, has cut its base rate (minimum lending rate) marginally from current 9.75% to 9.70%. The decision came following RBI...
Market regulator, the Securities and Exchange Board of India (SEBI), has revised the Offer For Sale (OFS) mechanism as the deadline is approaching for the promoters of listed...
India’s largest public sector bank, State Bank of India (SBI), along with its associates, plans to set up ‘by-invitation-only’ branches under the ‘Kohinoor’ brand in 20 cities to...
State Bank of India (SBI) has unveiled its mobile wallet named State Bank MobiCash Easy which provides facilities such as fund transfer, bill payment, balance inquiry, mini...
To encourage investments b/w the two nations, India’s State Bank of India (SBI) and Russian sovereign wealth fund Russian Direct Investment Fund (RDIF) came together to ink an...
The RBI has for the first time established the ‘Supervisory College’ for cross border supervision of State Bank of India (SBI) and ICICI Bank. What is the role...
In order to boost the strength of country’s largest bank, SBI, government is expected to infuse Rs 4,000 in the bank. This will enhance bank’s Capital Adequacy Ratio...
