APN News

  • Wednesday, August, 2022| Today's Market | Current Time: 01:51:09
  • Pranab to press for sharing of banking, tax info at G-20

    Finance Minister Pranab Mukherjee will press for automatic sharing of banking and tax-related information among nations to check the menace of black money and terror funding at the two-day G-20 meeting of finance ministers and central bank governors beginning on Friday at Paris. “Tax evasion and illicit flows have posed serious challenges to the world […]


    by NR INDRAN / INT Mumbai : HDFC Bank, the second largest private bank in India, and Diners Club International® Ltd., a business unit of Discover, today announced a strategic alliance whereby HDFC Bank will issue Diners Club International credit cards in India. The Bank will also provide merchant acquiring services, thereby creating more acceptance […]

    RBI serious on problem of fake currency & Banks: D Subbarao

    The Governor of Reserve Bank of India D Subbarao said that RBI is serious about problem of fake currency and Banks and Police have been directed to take strict action in such cases and to ensure prevention of fake currency. Addressing a meeting of Rajasthan Chamber of Commerce in Jaipur today Mr Subbarao said that […]

    Dena Bank further reduces the interest rates on New Home Loans & Car Loans in the Festive Season

    by NR INDRAN / INT Mumbai – For the ensuing festival season, Dena Bank has further reduced the Interest Rates on New Housing Loans & Car Loans by 25 Basis points in floating rate category with effect from 10th October 2011. Thus the Bank has reduced interest rates on floating Housing Loans and Car Loans […]

    Moody’s reduce credit value of nine Portuguese Banks

    The credit worthiness of nine Portuguese Banks has been downgraded by the Ratings Agency Moody’s. The Agency has expressed concern about the safety of loans the banks have made to the Portuguese Government. Moody’s has also downgraded the credit ratings of several British Banks. This is the consequence of the shift in Government policy which […]

    Rupee rises by 26 paise against US dollar

    The Indian rupee rose by 26 paise to 49 rupees 14 paise against the US dollar in early trade today, supported by euro gains against the American currency and a rebound in the domestic stock market. The rupee had been on a losing streak over the past three sessions and had declined by 25 paise […]

    Axis Bank extends its USD 200 million U.S. Commercial Paper Program by one year

    by NR INDRAN / INT MUMBAI — Axis Bank Limited acting through its Dubai International Financial Centre Branch has extended its USD 200 million US Commercial Paper Program by one year. The Programme was initially setup on October 4, 2010 and now the new maturity date is September 30, 2012. The Program has been assigned […]

    SBI system crashes; branches to remain open on Gandhi Jyanti

    All branches of the State Bank of India, SBI are open today despite a national holiday on account of Gandhi Jayanti. According to an official release, the step has been taken to make up for the loss of working hours yesterday when the banking operations were severely hit due to system failure. SBI in a […]

    Axis Bank expands network in Mumbai, opens 100th branch at Pali Hill, Bandra

    by NR INDRAN / INT Mumbai : Axis Bank, India’s third largest private sector Bank, expanded its network of branches in Mumbai to 100 with the opening of its Pali Hill, Bandra Branch on Nargis Dutt Road. Axis Bank’s all India footprint now has 1435 branches.  The Pali Hill, Bandra Branch was inaugurated by its […]

    Axis Bank launches MyDesign Card

    by NR INDRAN / INT Mumbai : Axis Bank, India’s third largest private Bank today announced the launch of MyDesign Card, India’s first Debit Card launched by an Indian bank which allows the customer to incorporate a personal image of his/her choice on the Debit Card. Axis Bank is one of the largest issuers of […]