Tag: bank
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RBL, Yes Bank, Bajaj Finserv most impacted by RBI curbs on Mastercard
After the Reserve Bank of India (RBI) restricted Mastercard from on-boarding new customers, among the credit card issuers, including co-brand partners, RBL Bank, Yes...
Panel to look into PSB clerical cadre exams in regional languages
The Centre has set up a committee to look into the demand for holding examination for clerical cadre in Public Sector Banks (PSBs) in...
VCFs in tax net as service rendered to investors liable to pay service tax
Venture Capital Funds (VCFs), operating in the country, will have to pay service tax on gains they make on managing investors' money as an...
BFSI, commodities expected to drive FY22 earnings: MOFSL
India's banking, financial services, and insurance (BFSI) sector along with commodities are expected to drive FY22 earnings, said Motilal Oswal Financial Services (MOFSL) in...
$32 mn World Bank loan for improving healthcare services in Mizoram
The Indian government, the Mizoram government, and the World Bank have signed a $32 million Mizoram Health Systems Strengthening Project to improve management capacity...
As India battles Covid, World Bank forecasts growth at 8.3%
The World Bank has forecast that the Indian economy would grow by 8.3 percent during the current fiscal year, an increase of nearly 3...
RBI slaps Rs 10 cr penalty on HDFC Bank
The Reserve Bank of India (RBI) has imposed a penalty of Rs 10 crore on HDFC Bank Ltd for deficiencies in regulatory compliance.
The central...
SBI’s YoY Q4FY21 net profit up over 80%
Lending major SBI on Friday reported a rise of 80.15 percent in its net profit for the Q4FY21 on a year-on-year basis.
Accordingly, the bank's...
Canara Bank employee in Kerala arrested for fraud
An employee in a Canara Bank branch in Kerala's Pathanamthitta, missing for months after allegedly conducting fraud to the tune of over Rs 8...
Bank of Ireland to close 103 branches
Bank of Ireland has confirmed that it will close 103 branches in Ireland and Northern Ireland starting from September onwards.
The branches to be closed...