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The Reserve Bank of India has allowed five private sector banks to import gold apparently intending to ease curbs on the imnport of the...
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In a move that may have far-reaching implications, the RBI has recommended that the top officers of the public sector banks should be sselected...
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Bank of India is planning to set up a subsidiary to run its credit card business. This, the bank feels will bring in young...
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Bharatiya Mahila Bank plans to introduce internet and mobile banking services from June. Usha Ananthasubramanian, CMD of t he bank, said the bank had...
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Federal Bank has launched an innovative loan product, Fed Rise. The facility offers enormous operational comfort and flexibility to the customers. It is basically...
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Rajiv Rishi, CMD, Central Bank of India has undertaken outreach visit of two renovated ultra small branches of the bank at village Bega and...
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Deutsche Bank plans to cut more jobs at its investment bank to lower costs as business stagnates. The bank is weighing the reductions, which...
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JPMorgan Chase announced it has agreed to sell its physical commodities trading unit to the Mercuria Energy Group, a rapidly growing Swiss trading firm,...
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American Express Co has bought a minority stake in Bangalore-based payment device maker Ezetap Mobile Solutions. Ezetap had received venture funding of Rs 49.8...
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The deposit portfolio of NRIs of Indian banks in Oman went up 43.5% year-on-year in January-end, according to newspaper reports quoting RBI. The outstanding...
