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Punjab National Bank has sold its entire 30% stake in India Factoring & Financial Solutions for Rs. 107.83 crore. The bank has offloaded its...
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Punjab National Bank has sold its entire 30% stake in India Factoring & Financial Solutions for Rs. 107.83 crore. The bank has offloaded its...
The Indian Banks’ Association (IBA) is reconsidering a long-standing demand from employee unions to have five-day week work schedule. IBA had commissioned a study...
ICICI Bank has increased the number of its fully-automated Touch Banking branches to 100 in 33 cities across the country. These branches, which are...
Having generated so much hype in the past several months, the RBI’s decision to grant new banking licenses to just two entities – IDFC...
The Reserve Bank of India said banks should explore the scope of having joint venture with e-commerce companies so that payment issues for e-commerce...
Barclays is planning to withdraw from parts of the metals, agricultural and energy markets, echoing moves by other major players like JPMorgan Chase and...
DBS Bank India is set to offer asset-based lending, nearly five years after entering the consumer banking business in India. The bank will sell...
China will limit the amount of money consumers can transfer to third-party online payment platforms, aiming to protect banks and consumers from fraud amid...
South Africa’s central bank fined the country’s four largest lenders a total of 125 million rand ($11.9 million) after finding deficiencies in their controls...
Ahli United Bank, Bahrain’s largest lender, is evaluating a sale or a merger with a rival bank in a potential $5 billion deal, according...