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You are here » Home » My Money » Banking
  • May
    20
    New inflation-linked bonds to be linked to CPI too: RBI
    By Press Trust of India

    The Reserve Bank of India (RBI) on Monday said the soon-to-be-launched inflation index bonds could also be linked to consumer price index (CPI) in the future.
    “The new instruments to

  • Deutsche Bank launches special account for women
    By PTI

    Deutsche Bank India today said it has launched a special account targeted at urban women.
    The product named 'Eve Account' comes with benefits such as discounts on lockers

  • May
    15
    SBT yet to take call on merger with State Bank of India
    By Meera Vankipuram

    Top officials of the State Bank of Travancore (SBT), one of the five associate banks of the country's largest lender, State Bank of India (SBI), are non-committal about the proposed merger with SBI.

  • Edelweiss plans to enter banking, awaits RBI clarifications on norms
    By Hemanth Saju (internee)

    Edelweiss Financial Services already into stockbroking mutual fund and insurance intends to enter banking. It is waiting now for clarifications from the Reserve Bank of India

  • May
    14
    RBI asks banks not to staple notes, issue clean notes
    By Press Trust of India

    The Reserve Bank of India (RBI) has directed banks to do away with stapling of note packets and issue only clean currency notes to the public.

  • May
    13
    Ratnakar Bank in expansion mode, plans IPO next year
    By Meera Vankipuram

    Private sector lender Ratnakar Bank, which recently raised Rs 324 crore from a group of domestic and global investors, will open 30-40 branches this fiscal year across the country.

  • RBI report finds discrepancies in operations of many lenders
    By Press Trust of India

    The Reserve Bank of India (RBI) has unearthed various discrepancies, including non-compliance of KYC (know your customer) norms and fictitious PAN, in its probe following the Cobrapost expose that alleged

  • May
    12
    Rupee likely to stabilise around 54 mark in the short term
    By Press Trust of India

    The declining trend in rupee is expected to be short-lived and is likely to be seen stabilising towards the 54 mark against the US dollar soon, say experts.
    This is

  • May
    10
    IDBI cuts retail deposit rates by 0.5%
    By PTI

    In the first such move since RBI cut its key rates last week, state-run IDBI Bank today cut its fixed deposit rate offering in two maturities by up to 0.

  • May
    09
    Body to deal with financial distress on the cards: RBI
    By Press Trust of India

    The Reserve Bank of India (RBI) on Thursday said that a proposal is afoot to set up a resolution authority to deal with the widespread distress caused by failure of

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