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  • Friday, May, 2024| Today's Market | Current Time: 03:46:23

    • Banking

    Citibank India Online Banking Offers Greater Choice to Customers

    by NR INDRAN / INT Mumbai : Citibank India today announced that it has enhanced its award winning online banking platform, with several new features that will help personalize user experience and make online banking more secure and convenient for customers. In addition to basic banking features, the Citibank online banking website now offers an Online […]

    Banking

    Govt clears 18 FDI proposals worth Rs 123 cr

    The government on Wednesday said it has approved 18 FDI proposals worth Rs 122.79 crore, including those of Pipavav Defence and Offshore Engineering Company, but has deferred a decision on the proposed sale of stake by Essar to Vodafone. A total of 39 FDI proposals were taken up by the Foreign Investment Promotion Board (FIPB), […]

    Banking

    Value of cheque transactions down 13.9% in June: RBI

    The cumulative value of transactions carried out through cheques across the country during June, 2011, amounts to Rs 7.19 lakh crore, a 13.9 percent decline vis-a-vis the year-ago period, according to new RBI data. Banks had cleared cheques worth Rs 8.35 lakh crore in June, 2010, according to the latest data from the Reserve Bank […]

    Banking

    Axis Bank introduces new offers on Platinum Cards

    by NR INDRAN / INT Mumbai : Axis Bank Platinum Card customers can now avail 25 per cent cash back on movie ticket bookings processed, either online or offline across the country. To get an Axis Bank Platinum Debit or Credit Card and avail these offers, movie lovers can SMS FILMY to 54646 or visit […]

    Banking

    Central Bank of India and Chola MS General Insurance announce Bancassurance partnership

    Mumbai: Central Bank of India today announced corporate agency tie-up with Cholamandalam MS General Insurance Company Limited to sell general insurance products at 3728 bank branches across the country. The products across personal and commercial lines of business will be customized for Central Bank of India to penetrate 75% of the bank’s customer base. Speaking […]

    Banking

    Citibank India Expands Global Markets Team With Several New Hires

    by NR INDRAN (INT) Mumbai: In a move highlighting continued investment in its Global Markets business in India, Citibank announced a number of significant hires across Credit Markets Trading, Structuring and Commodities to tap new business opportunities across these segments. According to Pankaj Vaish, Head of Markets for Citi India, these appointments further underline Citi’s […]

    Banking

    D Subbarao gets 2-yr extension as RBI Governor

    Ending months of suspense, Prime Minister Manmohan Singh on Tuesday gave a two-year extension to RBI Governor D Subbarao beyond September. “The Prime Minister approved the extension to D Subbarao, Governor of RBI, for two years,” a PMO spokesman said. The extension will be with effect from 5th September this year till 4th September 4, […]

    Banking

    Dhanlaxmi Bank Selects iCreate’s Biz$core ADF Solution To Automate RBI Reporting

    Bengaluru: Dhanlaxmi Bank today announced the selection of iCreate’s Biz$core Automated Data Flow (ADF) Solution as a key component of their Regulatory Reporting / Compliance strategy. Dhanlaxmi Bank made this choice after evaluating several prominent vendors for an enterprise-class ADF solution that would not only automate the bank’s regulatory reporting in line with RBI’s guidelines, […]

    Banking

    IDBI Bank Launches Magic Card

    Mumbai:  India’s leading public sector bank, IDBI Bank has launched a unique offering, IDBI Magic Card. It encompasses the features of a Debit Card with a credit limit, that charges much less than a regular credit card. IDBI Bank is the first bank in India to launch such a novel product. Announcing the launch of […]

    Banking

    HDFC Life selected ‘Business Superbrand India 2010-11

    HDFC Life, one of India’s leading private life insurance companies, has been conferred with ‘Business Superbrand India 2010-11’ title by Business Superbrands Council. HDFC Life is ranked amongst the top quarter of all brands across all segments and all categories in India. Commenting on the honour, Sanjay Tripathy, EVP & Head – Marketing & Direct […]

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