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  • Friday, April, 2024| Today's Market | Current Time: 01:35:23

    • Banking

    RBI asks banks to ensure sufficient collateral for repo borrowing

    The Reserve Bank of India has asked banks to ensure that they have sufficient collateral securities in their accounts while borrowing under the repo window. These instructions were issued in view of the restrictions announced by RBI on Monday to stem rupee’s fall. Accordingly, with effect from today, RBI will limit the daily borrowing by […]

    Banking

    Exim Bank to offer long-term loans for Pharma firms

    Mumbai: In order to boost the export capability of Indian pharmaceutical companies, Export-Import Bank of India (Exim Bank), has decided to expand the scope of its finance to pharmaceutical companies for extended repayment periods.  Eligible export oriented companies can avail finance from Exim Bank for a maximum repayment period of 10 years with a moratorium […]

    Banking

    Exim Bank announces the winner of IEDRA Award 2012

    New Delhi : Dr. Harendra Kumar Behera was declared the winner of Export-Import Bank of India’s (Exim Bank) International Economic Development Research Annual (IEDRA) Award 2012 for his Doctoral dissertation titled “The Effects of Financial Openness: An Assessment of the Indian Experience”.  The Exim Bank IEDRA Award 2012 was announced by Mr. T.C. A. Ranganathan, […]

    Banking

    Bank of Maharashtra opens 19 Branches in 9 States

    Bank of Maharashtra a premier Nationalized Bank has opened 19 Branches in 9 States viz: Maharashtra, Uttar Pradesh, Delhi, Gujrat, Madhya Pradesh, Rajasthan, West Bengal, Andhra Pradesh & Punjab on 10th July 2013. The total number of branches increased to 1775. Bank has its branch network spread all over the country covering 29 states and […]

    Banking

    M S Raghavan assumes charge as CMD of IDBI Bank

    Shri M. S. Raghavan has assumed charge as Chairman and Managing Director of IDBI Bank today. Prior to the current assignment, Shri Raghavan was posted as Executive Director, Bank of India, with effect from January 1, 2012. Born on June 8, 1955, Shri Raghavan, a science graduate and a post-graduate diploma holder in Management and […]

    Banking

    ICICI Bank inaugurates first branch in Mughal Sarai, Uttar Pradesh

    Mughal Sarai: ICICI Bank Ltd, India’s largest private sector bank, today launched new branch at Mughal Sarai in Chandouli district, Uttar Pradesh. The new branch was inaugurated by Mr. Tilak Dhari Yadav, Additional District Magistrate, Chandouli. The branch will remain open for customer transactions from 9:00 am to 6:00 pm on Monday to Friday and […]

    Banking Uncategorized

    Dena Bank revises interest rates on FCNR (B) / RFC term deposit effective from July 1, 2013

    Mumbai : Dena Bank, India’s trusted family bank, has revised the rate of interest on FCNR (B)/RFC term deposit with effective from July 1, 2013. For FCNR (B) deposits of 2 years to less than 3 years, in US Dollar terms, the revised interest rates are 2.50% as compared to 2.45% in June 2013. For […]

    Banking

    Dena bank’s 17th annual general meeting held in Mumbai

      Dena Bank, India’s ‘Trusted Family Bank’, has announced that the Total Business of the Bank as on 31st March 2013 stood at Rs. 1,63,664  crore, up 21.84% (Rs. 29,338 crore) as compared to Rs. 1,34,326 crore as on 31st March 2012. The Net Profit of the Bank for FY 2013 increased to Rs. 810.38 […]

    Banking

    RBI receives 26 applications for new bank licenses

    RBI has received 26 applications for new bank licenses. After the deadline for receipt of entries closed today, RBI has declared names of all the public and private companies that have applied for licenses. Some of the prominent names that figure in the list are of TATA Sons Limited, Indiabulls Housing Finance Limited, J M […]

    Banking

    Jet Airways and HDFC Bank join hands to launch Debit Card

    Mumbai : Jet Airways, India’s premier international airline, has enhanced its partnership with HDFC Bank, the country’s second largest private sector bank, by launching India’s first Premium Debit card, the ‘JetPrivilege-HDFC Bank World Debit Card’. The feature-rich debit card will allow users to earn JPMiles on all daily purchases in stores or online, in addition […]

    1. GQ India Proudly Celebrates A Decade Of Recognizing And Honouring The Most Influential Young Indians Of 2024

    2. Skill India Digital Hub Empowering Youths in India

    3. Istituto Marangoni Announces The Opening Of Its Higher Training Institute In Riyadh, In Partnership With The Fashion Commission

    4. Anytime Fitness Expands Presence with the opening of its 11th Club in Gurgaon

    1. GQ India Proudly Celebrates A Decade Of Recognizing And Honouring The Most Influential Young Indians Of 2024

    2. Istituto Marangoni Announces The Opening Of Its Higher Training Institute In Riyadh, In Partnership With The Fashion Commission

    3. Kaveri Unveils SS24 Collection: Paint Me a Picture – A Celebration of Art Through Fashion

    4. Elevate Your Summer Style with OG&Co’s Sustainable Luxury Fashion Extravaganza

    1. Anytime Fitness Expands Presence with the opening of its 11th Club in Gurgaon

    2. Unlocking the Role of Nutritional Snacks in Boosting Immunity and Family Well-being

    3. HearClear set to penetrate deeper into the country with the launch of new clinics in Jaipur and Bangalore

    4. Chaulaz Introduces Exquisite Jewellery Collection Brimming With Jewels

    1. Mumbai Comic Con Wraps Up with a Bang, A Celebration of Pop Culture and More

    2. Gallery West End Presents: Détente: A Haven of Artistic Rhapsody

    3. World Heritage Day with Life n Colors: Revitalizing Art and Culture Through Stunning Wallpaper Designs

    4. Reflektionz, a Cultural Fest for Intercollegiate Optometry, Brings Together 355 Students

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