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Banks to spend on cyber security measures to avoid cyber attack

C V Anand, city police commissioner in a meeting organized by the Reserve Bank of India with the representative of 51 Urban Cooperative banks...

Rs 5,000 crore infused by Centre into three state-run insurance companies

The Centre has raised the authorized capital of three state-run insurance firms to enable subscription of capital. These companies are National Insurance Co. Ltd...

ICICI Bank signs MoU with GIFT SEZ to boost global and Indian business

ICICI Bank announced on Wednesday that it has signed a Memorandum of Understanding (MoU) with GIFT SEZ to promote global as well as Indian...

FD interest rates of various tenures hiked by Kotak Mahindra Bank

Kotak Mahindra Bank has hiked the fixed deposit interest rates of various tenures for amounts less than 2 crore. The bank has updated the...

Online resolution system for payment issue to be implemented by September – NPCI

The National Payment Corporation of India (NPCI) has asked all banks, payment service providers, and third-party application providers to implement an online dispute resolution...

Banks proposed RBI to permit cloud adoption

The high-street banks have proposed the Reserve Bank of India to lay down the rules that allow them to store and analyze data on...

Scholarship scheme for foreign students launched by Banaras Hindu University

The Banaras Hindu University has launched a new scholarship scheme for international students. The scheme has been initiated to promote and motivate international students...

KKR acquires 9.9 percent stake in Shriram General Insurance Company

KKR & Co, US private equity firm has purchased a 9.9 percent stake in Shriram General in Shriram General Insurance Company for Rs 1,800...

Home Credit India partners with Pine Labs to boost EMI-led retail loan business

Focused on a ‘Digital-first’ approach to retail loans business, Home Credit India has partnered with Pine Labs, a leading merchant commerce platform. Through this...

ICICI Bank extends date of Special Senior Citizen FD scheme

ICICI Bank has extended the date of the Special Citizen FD scheme, also known as Golden years FD from April 8, 2022, to October...

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