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  • Friday, April, 2024| Today's Market | Current Time: 03:42:08

    • Banking

    QNB Group gets nod for India subsidiary

    The Qatar National Bank (QNB) Group has announced that it has received all regulatory approvals to establish a fully owned subsidiary under the name of QNB (India) Private Limited, which is expected to commence its operations during the 3rd quarter of 2013. “QNB(India) will take the role of extending consultancy and advisory services in the […]

    Banking

    Central Bank of India’s “FIRST WOMEN’S BRANCH” in Madhya Pradesh inaugurated

    Central Bank of India’s first Women’s Branch in the State of Madhya Pradesh, situated at Arera Colony, Bhopal, was inaugurated by Shri M.V. Tanksale, Chairman & Managing Director of the Bank. Addressing a large gathering of customers and citizens on the occasion, Shri Tanksale stated that earlier also the Bank had taken the initiative to […]

    Banking

    SIDBI to promote Women Entrepreneurship

    Mumbai : This week, Small Idustries Development Bank of India (SIDBI) has launched a series of residential training programme to train officials of Regional Rural Banks (RRBs), Non Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs), apart from its own select officials. The purpose of the training programmes is to make officials of these […]

    Banking

    Exim Bank signs Memorandum of Co-operation with UKTI

    By Our Correspondent Mumbai  : Export-Import Bank of India (Exim Bank) and UK Trade and Investment have signed a Memorandum of Co-operation to promote business and investment opportunities and facilitate better co-operation between companies from the two countries. Mr. Nick Baird, Chief Executive, UKTI and Mr. Vikramaditya Ugra, Chief Executive, London Branch of Exim Bank […]

    Banking

    Chidambaram for merger of banks to create 2-3 global entities

    Finance Minister P Chidambaram on Monday favoured mergers in the banking industry so that India can have two-three global sized banks. “There are other sectors that may well need restructuring …. For example, some banks, including some public sector banks among 26 public sector banks that we have, may be better off merging”. “The need […]

    Banking

    IL&FS signs MoU with Industrial and Commercial Bank of China (Asia) Ltd

    By Our Correspondent Mumbai : Infrastructure Leasing & Financial Services Limited (IL&FS), one of India’s leading infrastructure development and finance conglomerates, signed a Memorandum of Understanding (MOU) with Industrial and Commercial Bank of China (Asia) Limited (ICBC (Asia)), one of the leading banks in Hong Kong and also a wholly owned subsidiary of Industrial and […]

    Banking

    Central Bank of India launched RuPay Debit Card and Wonder Card

    by Sachin Murdeshwar Central Bank of India has launched RuPay Debit Card and Wonder Card. In a glittering function held here recently. Bank of India launched RuPay Debit Card and Wonder Card. RuPay debit card is the debut card launched by Central Bank of India on RuPay Platform (Swadeshi Platform) under National Payments Corporation of […]

    Banking

    Exim Bank arranges Euro 150 million Framework Loan from the European Investment Bank

    by Sachin Murdeshwar Mumbai: The Export-Import Bank of India (Exim Bank), India’s premier export finance institution, has signed an agreement for a long-term loan of Euro 150 million equivalent with tenor upto 20 years with the European Investment Bank (EIB). The purpose of the EIB loan to Exim Bank is for supporting projects that contribute […]

    Banking

    RBI gears up for plastic notes as 20% paper bills get soiled

    As the Reserve Bank gears up for a trial of plastic currency notes, it has to dispose of soiled paper currency bills worth an estimated amount of over Rs two lakh crore a year. On an average, one out of five paper notes in circulation (over 20 percent) gets disposed of every year after getting […]

    Banking

    DBT rollout: Banks asked to install onsite ATMs by June 30

    Gearing up for the second phase of rollout of the Direct Benefit Transfer (DBT) scheme, the government has asked banks to install ATMs at their branches in 121 districts by the end of next month. The first phase rollout of DBT began on 1st January, 2013 covering 43 districts. The rollout of second phase will […]

    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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