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Banking services partially affected by Flash strike

Banking services partially affected by Flash strike

Banking services were partially affected on thursday across the country as more than six lakh public sector employees went on flash strike as part of their protest against the clearing…

In Mumbai: Vijaya Bank conducts loan mela for MSMEs

In Mumbai: Vijaya Bank conducts loan mela for MSMEs

The purpose for the mela was to encourage the Micro, Small and Medium Enterprises sector and boost the Indian economy. Public sector lender Vijaya Bank organized a MSME loan mela…

With in two days: HDFC Bank commissioned six branches

With in two days: HDFC Bank commissioned six branches

HDFC Bank commissioned six branches in Jammu with in two days taking its branch network to 49 in J and K with 130 ATMs. The branches were commissioned at Poonch,…

RBI leaves key rate unchanged: shifts focus to growth

RBI leaves key rate unchanged: shifts focus to growth

The Reserve Bank of India left the key policy rate unchanged in its mid quarter monetary policy. With this status quo in the policy action, repo rate stood at 8…

Kisan Credit Smart Card: From IDBI Bank

Kisan Credit Smart Card: From IDBI Bank

A public sector universal bank,in association with National Payment Corporation of India has launched the Kisan Credit Smart Card. KCSC is a credit delivery innovation for providing adequate and timely…

In 2013:Australian Banks to see off slowdown

In 2013:Australian Banks to see off slowdown

Australian banks are in a strong position to see off a slowdown in the economy in 2013, based on their strengthened balance sheet and solid profitability. This is reflected in…

RBI unlikely to cut rates : Next week

RBI unlikely to cut rates : Next week

The Reserve Bank is likely to keep policy rates unchanged in its monetary policy review next week.The inflation for the second consecutive month in November has declined. A CRR cut…

Opens 101 rural branches by ICICI Bank

Opens 101 rural branches by ICICI Bank

ICICI Bank Thursday announced the launch of 101 rural branches in six states as part of its financial inclusion plan to provide banking services in unbanked villages.The branches have been…

Lowers loan growth projection: United Bank of India

Lowers loan growth projection: United Bank of India

United Bank of IndiaBSE 1.03 % may grow its advances at a lower 14 to 15% rate while it plans to sell bad loans to improve profitability.The bank’s priority for…

Insurers need to make products : Affordable and Innovative

Insurers need to make products : Affordable and Innovative

A joint report by FICCI has pointed that insurance companies need to innovate and focus on new techniques around data analytics to make healthcare insurance affordable. Owing to astronomical increase…