Jaipur: ICICI Bank Ltd, India’s largest private sector bank, today inaugurated its branch at AS-1, EPIC, Sitapura Industrial Area, Jaipur. The branch was inaugurated by Mr. Jatin Govil, Zonal Head (Rajasthan), ICICI Bank Ltd. The branch will remain open for customer transactions from 9:00 am to 6:00 pm on Monday to Friday and 9.00 am […]
The Sensex on Thursday soared 237 points to end at a new lifetime high of 21,513.87 on heavy buying by foreign investors across bluechip banking, oil&gas and metal shares as sentiment remained buoyant after a sharp drop in current account deficit. The NSE Nifty index also jumped 72.50 points to end at a new record […]
Lucknow: ICICI Bank, India’s largest private sector bank, today announced the launch of a combo prepaid card in association with the Uttar Pradesh State Road Transport Corporation (UPSRTC). The card was launched by Hon’ble Transport Minister, Uttar Pradesh, Shri Durga Prasad Yadav and Mr. Utpal Isser, Zonal Head (Uttar Pradesh & Uttarakhand), ICICI Bank Ltd. […]
The Sensex gained for the third straight session by adding 89 points in early trade on Thursday on increased buying by funds and retail investors after country’s current account deficit declined sharply in the December quarter of the current fiscal. India’s current account deficit (CAD) fell sharply to USD 4.2 billion, or 0.9 per cent […]
Sebi has come across serious anomalies and a huge number of possibly fictitious investors after analysing truck loads of documents submitted by Saharas to substantiate its claim of over Rs 20,000-crore refunds. To locate genuine investors who may have deposited money with Sahara, the regulator also wants to issue public notices in regional language newspapers […]
The Reserve Bank is likely to issue a few bank licences notwithstanding the model code of conduct which came into force from today, Finance Minister P Chidambaram said. “What the code of conduct has got to do with this (bank licence process). The government and regulators are discharging their normal duties… They (RBI) wish to […]
The benchmark S&P BSE Sensex erased initial gains but was still quoted higher by 35 points in the morning trade on sustained buying by operators, mainly in capital goods, health care, metal, realty and IT sector stocks, amid good foreign fund inflows. The Sensex resumed higher at 21,280.36 and hardened further to 21,333.20 before quoting […]
Nigeria: Investors in the Nigerian Capital Market are in for good times as The Nigerian Stock Exchange (NSE) (http://www.nse.com.ng) has commenced the reduction of the cost of its Trade Alert service by about Naira 1.24 billion from March 2014 via the scrapping of the current charge of 0.06% of every trade on The Exchange and […]
The government on Tuesday decided to hike interest rates on fixed deposit schemes offered by post offices by up to 0.2 percent. The interest rate on popular PPF (public provident fund) has, however, been kept unchanged at 8.7 percent. New interest rates on small savings schemes will come into effect from 1st April, an official […]
State-owned ONGC, the biggest beneficiary of near doubling of gas price from April, said it will gain an additional Rs 16,000 crore in revenue because of the new price, which may not be enough to make all its discoveries viable. Oil and Natural Gas Corp (ONGC), the nation’s largest producer of gas at 64 million […]
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