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  • Saturday, April, 2024| Today's Market | Current Time: 03:31:38

    • Banking

    Bank of Maharashtra increases interest rates on term deposits

    Bank of Maharashtra has increased its interest rates on domestic term deposits by 25 to 200 basis points (bps) in different maturity bands with effect from 2nd April 2013. Interest rate in its popular 444 days term deposit scheme “Maha Nidhi” and 3 years term deposits scheme “Mahalaxmi” for deposit amount upto Rs.1 cr is […]

    Banking

    Chidambaram inaugurates 300 bank branches across UP

    The Union Finance Minister P Chidambaram on Friday  inaugurated 300 new public sector bank branches through virtual mode in Lucknow. Finance Minister P Chidambaram has said there was a rising demand for opening bank branches and expressed confidence the bankers would respond positively to it. Finance minister termed it as a big leap towards Financial […]

    Banking

    Dena Bank opens a New Branch at Chada in Mehsana district, Gujarat

    Mumbai : Dena Bank, India’s trusted family bank, has opened a rural branch at Chada village in the tehsil of Kheralu in the Mahesana district of Gujarat, to undertake offering various credit needs of the local farming communities. Dena Bank which has a large branch network in Gujarat (534) will offer Dena Kisan Gold Credit […]

    Banking

    Bank of Maharashtra convenes 118th SLBC Meeting

    Bank of Maharashtra, Convener Bank for SLBC- Maharashtra organized 118th State Level Bankers’ Committee (SLBC) meeting on 26.03.2013 at its Head Office, Pune. Shri Narendra Singh, Chairman & Managing Director, Bank of Maharashtra and Chairman, SLBC – Maharashtra presided over the meeting.  Shri Munaf Hakim, Chairman, Maharashtra State Minorities Commission, Shri J. B. Bhoria, Regional […]

    Banking

    Cyprus banks to remain closed to streamline banking systems after bailout

    All Cypriot banks will remain closed until Thursday. Earlier, the Cyprus authorities said all but the biggest two banks would open on Tuesday. The central bank now says all will remain closed to ensure the whole banking system functions smoothly. President Nicos Anastasiades has said very temporary restrictions would be put on capital flows. Recently […]

    Banking

    Bank of Maharashtra contributes Rs. 251.00 lakhs towards Chief Minister’s Relief Fund

    The State of Maharashtra is reeling under extreme drought condition in the last 40 years, with 123 talukas out of the total 353 talukas facing severe drought conditions. The State Government has initiated multiple programmes, including drinking water supply through tankers to deal with the situation and catering to requirement of farmers and other inhabitant […]

    Banking

    SIDBI signs MoU with Egypt for their SME sector Development

    Mumbai : Small Industries  Development Bank of India (SIDBI)  signed a  tripartite Memorandum of Understanding (MoU) with Social Fund for Development (SFD) Egypt and the World Bank, in Delhi, on March 20, 2013, in the presence of H.E. Dr. Mohamed Morsi, President of the Arab Republic of Egypt who is on an official visit to […]

    Banking

    RBI cuts interest rate by 0.25 per cent to boost growth

    The RBI on Tuesday cut its short-term lending rate by 0.25 per cent to spur growth and revive investment but sounded a note of caution on further easing of rates on account of high food inflation and current account deficit. “The foremost challenge for returning the economy to a high growth trajectory is to revive […]

    Banking

    RBI starts scrutiny of three private banks

    The Reserve Bank on Tuesday started a comprehensive scrutiny of head offices and branches of ICICI, HDFC and Axis Bank, which are accused of money laundering and violating regulations like FEMA and KYC. The scrutiny will be completed by 31st March. “The RBI has initiated the process of carrying out comprehensive scrutinies covering both, Head […]

    Banking

    FM to meet heads of PSU banks tomorrow

    Finance Minister P Chidambaram will meet heads of public sector banks on Monday to take stock of their concern amid moderating growth and slowdown in investment. The broad agenda of the meeting include direct benefit transfer, deteriorating asset quality and credit growth. The Finance Minister is likely to ask banks to increase lending to productive […]

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    2. Atlas Copco Launches a New Series of Portable Nitrogen Membrane Generators

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    4. Earth Day quote from Dr. Krishna Prasad Chigurupati, Chairman and Managing Director, Granules India Limited

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

    3. The unstoppable Ananya Panday gets candid in Femina’s April 2024 Issue

    4. Homegrown Brand Kaveri Launches its New Venture Love by Kaveri Embracing Sustainable Fashion and Handmade Homeware

    1. Queo’s Q-Smart Toilets: Elevate Your Bathroom with Intelligent Luxury

    2. Atlas Copco Launches a New Series of Portable Nitrogen Membrane Generators

    3. Xiaomi Upgrades Its Redmi Note 13 5G Series to the Human-centric Operating System- Xiaomi HyperOS

    4. Earth Day quote from Dr. Krishna Prasad Chigurupati, Chairman and Managing Director, Granules India Limited

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

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    4. Vegas Mall Radiates Festive Vibes With Baisakhi Celebration and Cultural Delights

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