PSU banks in real danger of privatisation, says AIBOC
All India Bank Officers' Confederation (AIBOC), the apex body of bank officers in the country, on Tuesday said state-run lenders ...
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Tag: bfsi
SBI to set up trustee company to manage corporate debt market development fund
State Bank of India (SBI) will set up a trustee company, which will be its wholly-owned subsidiary, for managing the ...
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Government asks banks to issue mobility-enabled cards
The government has asked banks to ensure that all new cards and reissues of old cards have the National Common ...
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MSCS (Amendment) Bill to be passed in monsoon Session
The much-touted Multi-State Cooperative Societies (Amendment) Bill, 2022, is likely to be introduced for consideration and passing in the upcoming ...
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Bain frontrunner to buy Adani Capital for Rs 1500 crore
Mumbai: Bain Capital is in advanced negotiations to close the acquisition of Gautam Adani's seven-year-old shadow bank, Adani Capital, edging ...
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New accounting standard for insurance soon
The government will soon notify a new accounting standard for insurance contracts, which would align Indian norms with international practices ...
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DBS launches new IFSC banking unit in GIFT City
DBS Bank Ltd., Singapore’s largest bank, on Monday, expanded its presence in India by inaugurating its new IFSC Banking Unit ...
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IIFL Home Finance raises $50 million loan from US International Development Finance Corp
IIFL Home Finance has raised a $50 million loan from US International Development Finance Corp (DFC) to grow its affordable ...
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India, UAE sign MoUs for promoting local currencies in cross-border trade
The Reserve Bank of India and the Central Bank of UAE (CBUAE) on Saturday signed two Memorandums of Understanding (MoU) ...
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Brics-promoted bank keen to add members
Gandhinagar: The Brics-promoted New Development Bank (NDB) has started membership expansion to make the bank a global institution, said Leslie ...
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