Keyword : Bank

Urban areas see spurt in complaints against banks

Even as banking sectors extends its reach in India, especially with the launch of PM’s jan dhan yojana (PMJDY) , number of complaints received by banking ombudsmen against the commercial bank

Kotak, ING merger deal given green signal by CCI

India’s fourth largest private bank will come into being with the approval of Competition Commission of India (CCI) for the merger deal between Kotak Mahindra Bank and ING Vysya Bank.

RBI governor for better education loans regime

Reserve Bank of India governor Raghuram Rajan on Saturday sought better student loan schemes as he felt that there were lot of stress on education loans. Taking the theme of rationalizing t

Public sector banks strike withdrawn

The nation can heave a sigh of relief as public sector banks employees` have decided to withdraw the four day scheduled from February 25. This follows an agreement with the Indian Banks Association

Mudra Bank launched to help small business

Prime minister Narendra Modi on Wednesday launched Mudra Bank, which will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for `micro-finance institutions` (MFIs).

BRICS bank gets KV Kamath as its first head

KV Kamath has been elected as the chief of $50-billion BRICS New Development Bank, which aims to fund infrastructure projects in developing nations.  The bank looks to be an alternative to oth

Bank staff ink wage revision pact with IBA

Benefitting nearly 1 million employees of the state-run banks, old generation private banks and some large foreign banks, the bank unions and the Indian Banks’ Association (IBA) on Monday for

The unending queue and a proud banker

“Mom, I have no cash, can’t come home. Can you come here and bring along some money?”  The early morning SOS message from my daughter, a student of tourism studies in Agra, o

Demonetisation blues: From cashless to homeless

For a single woman to live in a city like Delhi is not an easy task. People are amazed when I say; I have been staying alone for more than a decade now. They wonder what it takes to live such a lif

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