Reserve Bank of India will open sub-offices in all the capital states of North-East. RBI Regional Director Surekha Marandi said in Shillong that the process of setting up the first sub-office in Agartala is on. Marandi said, that RBI is trying to increase the outreach of banks in the region and the sub-offices will be […]
Mumbai: Micro Housing Finance Corporation (“MHFC”), a housing finance company that is focused on financially excluded urban lower income families, has crossed 500 loans in sanctions, aggregating Rs. 20 cr. MHFC’s customers include mostly individuals employed in the informal sector, ranging from self employed vegetable vendors and barbers to salaried employees like housemaids, drivers and […]
Mumbai : MyInsuranceClub.com, India’s second largest insurance comparison website announced today that they have secured a second round of funding from a group of angel investors. MyInsuranceClub.com, which was set up in late 2009, reports that the investment will enable them to focus on its aggressive growth plan, including platform development and sales and distribution. […]
New Delhi : American Express today launched a new card so loaded with rewards and benefits that it is set to revolutionize the card industry. The American Express Gold Card combines young affluent (between the age group of 28 – 35 yrs) Indians’ desire to be rewarded and recognized, and American Express’ ability to deliver […]
New Delhi :Hughes Communications India, Ltd. (HCIL), a leading provider of broadband satellite and managed network services, and wholly owned subsidiary of Hughes Network Systems, LLC (HUGHES), today announced two significant contracts signed for the United Bank of India and UCO bank networks for their respective RRBs (Regional Rural Banks). The first contract award is […]
Chennai : Polaris Software, a leading Financial Technology company, today announced that Forrester Research, Inc. has recognized Polaris and its IntellectTM suite of products as a Strong Performer in the recently released report1 ‘The Forrester Wave™ Global Banking Platforms, Q4 2010.’ This is Polaris’ debut in the Forrester Wave report where it has emerged as […]
United States : Bloomberg, the leader in financial services messaging, has announced a new real-time search and analytics console for Bloomberg Vault, the first compliance solution to integrate real-time monitoring, search analytics, and archiving of Bloomberg messaging and corporate email. Bloomberg Professional® service executives made the announcement at the LegalTech® conference where they are exhibiting […]
Mumbai: Cedar Management Consulting International LLC, the global management consulting firm today announced that it has been selected by Ratnakar Bank as its consulting partner and is presently assisting the Bank in its transformation initiatives. Cedar had earlier outlined the strategy and roadmap for the Bank’s transformation charter. Ratnakar Bank, a private sector bank with […]
The country’s largest lender, State Bank of India (SBI), will raise Rs 10,000 crore through bonds to augment its capital base to meet the growing business requirements. SBI has filed a draft shelf prospectus with the Securities and Exchange Board of India (SEBI) seeking the nod of the regulator for raising funds through bonds in […]
Mumbai : Kotak Mahindra Bank, one of India’s leading private banks has been declared the winner in the ‘Customer & Brand Loyalty’ category in the Banking Sector at the 4th Loyalty Summit held in Mumbai. Kotak Mahindra Bank beat several notable players in the field who were nominated in this category. This award is the […]
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1. Little Italy Group Marks 35 Years of Culinary Excellence with an Exciting New Menu
2. Weekend Specials at Justbe by Nidhi Nahata
3. Self-Care at Your Fingertips: Must-Try Mental Health Apps of 2024
4. For the fifth time in a row, LG India opened its Business Innovation Center in Kolkata