Bank Consolidation
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RBI Consolidates Instruction On Credit Information Of Customers
The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.
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How to Find CIF Number in SBI Using Net Banking, YONO App, and More Online
The SBI CIF number is a unique 11-digit identifier assigned to every customer. It consolidates account details, transaction history, and KYC data. You can find this number through multiple modes, including net banking, the YONO app, or by visiting an SBI branch. This guide provides detailed steps to retrieve your CIF number securely and ensure smoo...
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HDFC Bank Net Profit Surges 33% To Rs 16,474 Crore In June Quarter
HDFC Bank's consolidated net profit grew 33.17 per cent to Rs 16,474.85 crore in the June 2024 quarter.
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JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
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Vodafone Idea Seeks 30-Day Extension to Pay Rs. 1,680 Crore for Spectrum Auction Instalment
Debt-ridden Vodafone Idea has sought 30 days more time to pay around Rs. 1,680 crore for spectrum auction instalment due on Thursday, a senior company official said on Wednesday. The company has proposed to pay the amount with interest.
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Behind Congress's Huge Karnataka Win Against BJP, Big Lingayat Turnaround
The BJP's last-minute move to consolidate its Lingayat support base did not pay off and the Congress made huge gains in the seats dominated by the influential community, trends in the counting of votes indicate.
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Red-Hot Gaming Market to Breach $150 Billion in Deals, Fundraising, IPOs: Report
After kicking off 2022 with two mega acquisitions, the video gaming sector is racing to a new record of $150 billion (roughly Rs. 11,18,080 crore) in deals, financing, and IPOs this year, according to investment banking firm Drake Star Partners.
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Rahul Gandhi Slams PM Modi In UP, Intensifies Hindu Vs Hindutva Attack
Intensifying his Hindu vs Hindutva line of attack to counter the BJP's consolidation of the majority vote bank, Congress MP Rahul Gandhi today took a swipe at PM Modi for his solo dip in the Ganga while inaugurating the Kashi Vishwanath corridor.
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Madhya Pradesh: 14.53 Lakh Students Of Classes 9-12 To Get Scholarship Funds
The Madhya Pradesh government is transferring funds to the school students’ bank accounts as part of the consolidated scholarship scheme under the MP state school education department. The scholarships are being given to the students of Class 9 to Class 12.
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China's Pangong Plan: Construction On North Bank, Soldiers At South Bank
Satellite imagery of the Pangong Lake region in eastern Ladakh shows a further consolidation of Chinese construction activity in the North Bank and the creation of new Chinese posts near the Line of Actual Control in the South Bank where Indian and Chinese forces are in the midst of a dangerous stand-off.
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Public Sector Banks Can Recruit Chief Risk Officer: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has announced the merger of several banks into "consolidated banks" as she addressed a press conference amid an economic slowdown.
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Indian-Origin Woman Takes Charge Of European Bank's Sustainability Team
The European Bank for Reconstruction and Development (EBRD) on Monday announced the appointment of Nandita Parshad, an Indian-origin senior executive, as the head of its consolidated new sustainable infrastructure group within the multilateral organisation.
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BJP Banking On Dalit-OBC Bills, Illegal Immigrants Issues
Amid signs of increasing opposition unity ahead of the next Lok Sabha polls, the BJP hopes to consolidate its support base with a mix of Dalit-OBC plank and the Hindutva agenda on the back of its all out support to bills linked to backward communities and a campaign against illegal immigrants.
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IMF Advises 3 Steps For India To Sustain Its High Growth Rate
To sustain the high growth rate India has achieved, the country should carry out banking sector reforms; continue with fiscal consolidation, simplify and streamline GST; and renew impetus on reforms, the International Monetary Fund or IMF said today.
-
After PNB Fraud, Public Sector Banks Start Rationalising Overseas Operations
The state-owned lenders have started rationalising the overseas operations by consolidating 35 operations and closing down non-viable branches
-
RBI Consolidates Instruction On Credit Information Of Customers
The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.
-
How to Find CIF Number in SBI Using Net Banking, YONO App, and More Online
The SBI CIF number is a unique 11-digit identifier assigned to every customer. It consolidates account details, transaction history, and KYC data. You can find this number through multiple modes, including net banking, the YONO app, or by visiting an SBI branch. This guide provides detailed steps to retrieve your CIF number securely and ensure smoo...
-
HDFC Bank Net Profit Surges 33% To Rs 16,474 Crore In June Quarter
HDFC Bank's consolidated net profit grew 33.17 per cent to Rs 16,474.85 crore in the June 2024 quarter.
-
JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
-
Vodafone Idea Seeks 30-Day Extension to Pay Rs. 1,680 Crore for Spectrum Auction Instalment
Debt-ridden Vodafone Idea has sought 30 days more time to pay around Rs. 1,680 crore for spectrum auction instalment due on Thursday, a senior company official said on Wednesday. The company has proposed to pay the amount with interest.
-
Behind Congress's Huge Karnataka Win Against BJP, Big Lingayat Turnaround
The BJP's last-minute move to consolidate its Lingayat support base did not pay off and the Congress made huge gains in the seats dominated by the influential community, trends in the counting of votes indicate.
-
Red-Hot Gaming Market to Breach $150 Billion in Deals, Fundraising, IPOs: Report
After kicking off 2022 with two mega acquisitions, the video gaming sector is racing to a new record of $150 billion (roughly Rs. 11,18,080 crore) in deals, financing, and IPOs this year, according to investment banking firm Drake Star Partners.
-
Rahul Gandhi Slams PM Modi In UP, Intensifies Hindu Vs Hindutva Attack
Intensifying his Hindu vs Hindutva line of attack to counter the BJP's consolidation of the majority vote bank, Congress MP Rahul Gandhi today took a swipe at PM Modi for his solo dip in the Ganga while inaugurating the Kashi Vishwanath corridor.
-
Madhya Pradesh: 14.53 Lakh Students Of Classes 9-12 To Get Scholarship Funds
The Madhya Pradesh government is transferring funds to the school students’ bank accounts as part of the consolidated scholarship scheme under the MP state school education department. The scholarships are being given to the students of Class 9 to Class 12.
-
China's Pangong Plan: Construction On North Bank, Soldiers At South Bank
Satellite imagery of the Pangong Lake region in eastern Ladakh shows a further consolidation of Chinese construction activity in the North Bank and the creation of new Chinese posts near the Line of Actual Control in the South Bank where Indian and Chinese forces are in the midst of a dangerous stand-off.
-
Public Sector Banks Can Recruit Chief Risk Officer: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has announced the merger of several banks into "consolidated banks" as she addressed a press conference amid an economic slowdown.
-
Indian-Origin Woman Takes Charge Of European Bank's Sustainability Team
The European Bank for Reconstruction and Development (EBRD) on Monday announced the appointment of Nandita Parshad, an Indian-origin senior executive, as the head of its consolidated new sustainable infrastructure group within the multilateral organisation.
-
BJP Banking On Dalit-OBC Bills, Illegal Immigrants Issues
Amid signs of increasing opposition unity ahead of the next Lok Sabha polls, the BJP hopes to consolidate its support base with a mix of Dalit-OBC plank and the Hindutva agenda on the back of its all out support to bills linked to backward communities and a campaign against illegal immigrants.
-
IMF Advises 3 Steps For India To Sustain Its High Growth Rate
To sustain the high growth rate India has achieved, the country should carry out banking sector reforms; continue with fiscal consolidation, simplify and streamline GST; and renew impetus on reforms, the International Monetary Fund or IMF said today.
-
After PNB Fraud, Public Sector Banks Start Rationalising Overseas Operations
The state-owned lenders have started rationalising the overseas operations by consolidating 35 operations and closing down non-viable branches
