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India Financial Services


'India Financial Services' - 76 Video Result(s)

'India Financial Services' - 1000 News Result(s)

  • Five Associate Banks To Merge With SBI From April 1

    Five Associate Banks To Merge With SBI From April 1

    The assets of State Bank of Bikaner and Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH) will be transfered to SBI from April 1, 2017, SBI said in a regulatory filing.

  • Fake Notes From SBI ATM: Government To Investigate Matter

    Fake Notes From SBI ATM: Government To Investigate Matter

    Minister of State for Finance Santosh Gangwar said the government is not perturbed by the stray incident of fake 2,000 rupee notes bearing 'Children Bank of India' being dispensed from a State Bank of India ATM in South Delhi's Sangam Vihar.

  • Airtel Payments Bank To Sell Insurance, Mutual Fund Products

    Airtel Payments Bank To Sell Insurance, Mutual Fund Products

    "As per RBI guidelines, we are not allowed to carry out lending activity. But we are allowed to sell third party financial products like other banks do", MD and CEO of APB Shahshi Arora said.

  • India Banking Bailout Cost 'Manageable': IMF

    India Banking Bailout Cost 'Manageable': IMF

    Weighing into a renewed debate on tackling India's $130 billion in stressed loans, the IMF said "recapitalisation costs should be manageable" at between 1.5 and 2.4 per cent of forecast GDP.

  • Government Says No Plans To Introduce Rs 1,000 Notes

    Government Says No Plans To Introduce Rs 1,000 Notes

    The economic affairs secretary said complaints of cash shortages at ATMs are being addressed and requested people to desist from withdrawing more money than they need.

  • SBI Chief Moots Dedicated Spectrum For Financial Transactions

    SBI Chief Moots Dedicated Spectrum For Financial Transactions

    She said the biggest problem the banks faced during the notes ban drive, when there was a spike in digital transactions, was insufficient quantum of spectrum for the infrastructure to take the additional load, which resulted in many transactions getting timed out and causing inconvenience to customers.

  • No Communication On Axis-Kotak Bank Merger: Report

    No Communication On Axis-Kotak Bank Merger: Report

    In 2015, Kotak Mahindra Bank completed acquisition of mid-sized private sector ING Vysya Bank for about Rs 15,000 crore. The deal was touted as India's biggest banking merger.

  • Public Accounts Committee Calls Heads Of Public Sector Banks To Discuss Bad Loans

    Public Accounts Committee Calls Heads Of Public Sector Banks To Discuss Bad Loans

    During the meeting on February 27, the PAC will also undertake performance review of import and export trade facilitation through Customs Port and Special Economic Zones where representatives of Revenue Department will also be present.

  • Aditya Puri Of HDFC Bank Says Wallet Players Have No Future

    Aditya Puri Of HDFC Bank Says Wallet Players Have No Future

    Wallet companies cannot "copy" the "Alibaba model" as well, as the domestic regulators are "better", Aditya Puri. The comments are interesting as HDFC Bank also has a wallet service called Chillr.

  • There Is More Room For Lending Rate Cuts, Says HDFC Bank CEO Aditya Puri

    There Is More Room For Lending Rate Cuts, Says HDFC Bank CEO Aditya Puri

    Borrowers can expect lower rates going forward with second largest private lender HDFC Bank saying there is more room for banks to lower lending rates.

  • Foreign Holding In HDFC Bank Hits Limit Again: RBI

    Foreign Holding In HDFC Bank Hits Limit Again: RBI

    The threshold limit for foreign holding had gone below the prescribed percentage yesterday enabling foreign investors to buy the stock.

  • Bad Bank Is A Good Idea, Says Uday Kotak

    Bad Bank Is A Good Idea, Says Uday Kotak

    Describing the 24 PSU banks as "the 70 per cent problem" (in reference to the over 70% market share of these banks), he wondered what was the need for so many state-run lenders.

  • Demand To Cancel Decision To Merge State Bank Of Travancore With SBI

    Demand To Cancel Decision To Merge State Bank Of Travancore With SBI

    Criticising the decision, the former MP said service of SBI would be centred on big corporates once it start function as a global bank. It would also lead to shut down of branches and loss of jobs.

  • RBI Proposes Lower MDR From April 1 To Keep Digi-Pay Momentum

    RBI Proposes Lower MDR From April 1 To Keep Digi-Pay Momentum

    Merchant Discount Rate (MDR) charge, which is levied on debit card transaction, would be even less at 0.3 per cent if transaction is through digital PoS (QR Code), the RBI said in a draft circular on rationalisation of MDR for debit card transactions.

  • RBI To Reimburse Banks' MDR Charges On Debit Card Payments To Government

    RBI To Reimburse Banks' MDR Charges On Debit Card Payments To Government

    RBI in a notification said that it will reimburse banks the MDR on debit cards used for payment of tax and non-tax dues to the Government of India with effect from January 1, 2017.

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