APN News

  • Wednesday, September, 2019| Today's Market | Current Time: 07:38:08
  • Citibank And Visa Launch The World’s First Visa Platinum Travel Prepaid Card

    Mumbai :Citibank and Visa today announced the launch of the Citibank World Money Visa Platinum Card, the world’s first Visa Platinum Travel Prepaid card, bringing together the benefits of both Citibank’s best-in-class Travel Prepaid cards platform and Visa Platinum cards, for the first time. Available in six foreign currencies – USD, Euro, Pound, Australian Dollar, […]

    RBI reference rates for US dollar and euro

    The Reserve Bank of India (RBI) tuesday fixed the reference rate for the US dollar at Rs 45.22 and the euro at Rs 61.55, as against Rs 45.14 per dollar and Rs 61.74 per euro Monday. In a press release issued by the RBI, the exchange rate of the pound and yen against the rupee […]

    Canara HSBC Oriental Bank of Commerce Life Insurance Appoints Chirag Jain as Chief Operating Officer Image file

    New Delhi : Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited – a joint venture between two of India’s largest public sector banks, Canara Bank and Oriental Bank of Commerce, and HSBC Insurance (Asia Pacific) Holdings Limited, announced the appointment of Mr Chirag Jain as the Chief Operating Officer. He succeeds Mr K […]

    Lighting for All : with TERI

    New Delhi: The Asian Development Bank (ADB) and India’s The Energy and Resources Institute (TERI), announced the formation of “Lighting for All” today, aimed at providing clean, affordable, and reliable lighting solutions for 50 million people across Asia and the Pacific region by 2015. The “Lighting for All’’ platform is a part of the ADB- […]

    RBI may issue some banking licences this fiscal: Finmin

    The government said that it expects the Reserve Bank to issue banking licences to some new players this fiscal, with the likes of Reliance Capital, Tata Group and AV Birla Group aspiring to enter the sector. “RBI will issue banking licences in due course of time. We hope some of the licences will be issued […]

    Canara HSBC Oriental Bank of Commerce Life Insurance Forays into Group Business

    New Delhi : Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited – a joint venture between two of India’s largest public sector banks, Canara Bank and Oriental Bank of Commerce, and HSBC Insurance (Asia Pacific) Holdings Limited, has made a foray into Group Business. After achieving success in the retail business, where it […]

    HDFC’s Financial Results for the Half-Year Ended September 30, 2010

    Mumbai : The Board of Directors of Housing Development Finance Corporation Limited (HDFC) announced the results for the first half of the financial year 2010-2011, following its meeting on Monday, October 18, 2010 in Mumbai. The accounts have been subject to limited review by the Corporation’s statutory auditors in line with regulatory guidelines. FINANCIAL RESULTS […]

    ADB, WB assesses Pak flood damage at 9.7 bn

    The floods, that swept across Pakistan since July, has caused an estimated USD 9.7 billion damage to infrastructure, farms, homes, as well as other direct and indirect losses, the Asian Development Bank (ADB) and the World Bank (WB) have said. The estimate was presented in the Damage and Needs Assessment (DNA), a survey conducted nationwide […]

    Assocham calls for 50-100 new pvt banking licences

    Taking all stakeholders by surprise, industry body Assocham on Friday suggested that the Reserve Bank issue between 50-100 new private bank licences in the current round of allowing new entrants. “At least 50-100 licences should be given so that an explosion of competitive spirit happens, like it did with the insurance sector,” President of the […]

    ACE Group Reaches Agreement to Acquire Jerneh Insurance Berhad in Malaysia

    United States: The ACE Group of insurance and reinsurance companies today announced that it has signed a definitive agreement to acquire 100% of Jerneh Insurance Berhad, a general insurance company in Malaysia that is majority owned by Jerneh Asia Berhad, which is listed on Bursa Malaysia Securities Berhad. Established in 1970 and currently a top […]