APN News

  • Wednesday, November, 2019| Today's Market | Current Time: 01:19:28
  • 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 […]

    ICICI Bank Adopts Wincor Nixdorf’s ProView Solution for ATM Monitoring

    Mumbai: India’s largest private sector bank, ICICI has adopted an integrated ATM monitoring solution from Wincor Nixdorf. Wincor Nixdorf’s ProView software would remotely monitor the ICICI Bank ATM network spread across vast geography of the country. The bank has a large, geographically dispersed reliable self-service network comprising of ATMs and cash dispensers. Deploying tools capable […]

    Citibank PremierMiles Card Sets A New Paradigm in Travel & Leisure

    New Delhi–Citibank N.A. today announced the launch of the Citibank PremierMiles Credit Card. This new Card differentiates itself by offering frequent flyers a ‘universal’ mileage platform that enables them the unique freedom and flexibility to earn miles on their travel on over 50 domestic and international airlines such as Jet Airways, Kingfisher Airlines, Singapore Airlines, […]

    HDFC Bank Ties up with Chitkara University

    HDFC Bank, one of India’s premier banks, has tied up with Chitkara University to initiate a Joint Certification Program to train and equip its students with skills essential for the Banking sector. This initiative will create a ready talent pool to cater to the requirements of banking and financial institutions. In return, students will garner specialised […]

    American Express® Introduces a Gift Card Created Especially for Diwali

    New York, United States:American Express today introduced a new gift card for family, friends and business associates for Diwali. The new American Express Diwali Gift Card, designed exclusively for the festive occasion, can be used to substitute a cash gift, included with the traditional mithai box, or added as a special touch to any Diwali […]

    SBI hikes deposit rates by 25-75 bps, base rate unchanged

    The country’s largest lender State Bank of India (SBI) on Thursday said it will raise deposit rates by 25 to 75 basis points from Friday, but the bank has kept minimum rate of interest on loans unchanged at 7.50 per cent. “The bank revises upwards the deposit rates by 25-75 bps in various maturities, effective […]

    SBI employees rank bottom among PSBs in bringing business: RBI

    Country’s largest lender State Bank of India has over 2 lakh employees but when it comes to bringing business, the staff is ranked bottom among the public sector banks, according to the RBI data on profile of banks 2009-10.  As per the data, average business brought by each employee of SBI stood at Rs 6.36 crore, […]

    DBS Invests SGD 200 Million in DBS Asia Hub as Part of Multi-Year, Multi-Market Strategic Occupancy Plan

    Singapore– DBS Group Holdings Chairman Peter Seah today officially opened the bank’s brand new purpose-built facility, DBS Asia Hub. The new facility occupies over 340,000 square feet and is one of the largest banking operations facilities at the Changi Business Park. DBS Asia Hub will house more than 3,000, or over 40% of DBS’ Singapore-based […]