Tag: Bank
Axis Bank Cuts Lending Rates By Upto 0.70%
India's third largest private sector lender Axis Bank on Friday said it will reduce its lending rates by 0.65-0.70 per cent across various tenures from next Wednesday following similar move by other banks after a bulk infusion of liquidity arising from the demonetisation move.....
'BRICS Cooperation To Be Strengthened During Chinese Presidency'
Indian banker and New Development Bank chief (NDB) K.V. Kamath has said that cooperation between the five BRICS countries will be strengthened during Chinese presidency over the bloc in 2017.....
RBI Has No Data On Scams In Co-op Banks Post Demonetisation: RTI
The RBI has admitted that it has no details of any irregularities or scams in the exchange of the demonetised currency notes of Rs 500 and Rs 1,000 by the cooperative banks, a reply under RTI revealed on Monday.....
If IITs Had More Dalit Professors, Would Aniket Ambhore Be Alive?
In March 2012, Sanjay and Sunita Ambhore, parents of Aniket Ambhore, 19, a first-year electrical engineering student at the Indian Institute of Technology Bombay (IIT-B), received a letter informing them that their son -- admitted in the Scheduled Caste (SC) quota -- had failed two courses.....
S.Korean Currency's Volatility To $ Hit 6-year High In 2016
South Korean currency's volatility to the US dollar hit the highest in six years in 2016 on external uncertainties including the presidential election and the expected rate hike in the US, central bank data showed on Thursday.....
Cash Flow To Normalise Soon : Urjit Patel
Reserve Bank of India Governor Urjit Patel on Friday is learnt to have said that cash flow in the country will normalise soon.....
Government Spends Rs 3.09 Per Rs 500 Currency Note: RTI
The Reserve Bank of India spends Rs 3.09 for each Rs 500 note as cost towards paper, printing and other charges, an RTI query has revealed.....
'SBI, Other PSU Banks To Intervene In Aircel-Maxis Case'
The State Bank of India and other public sector banks on Tuesday moved the Supreme Court seeking to intervene in the Aircel-Maxis case as a substantial amount of theirs was involved as loans.....
Cabinet Okays 60-day Interest Waiver On Farm Loans From Co-op Banks
The Union Cabinet on Tuesday approved interest waiver for November and December 2016, for farmers who have taken short term crop loans from cooperative banks for the Rabi sowing season.....
CBI Files Chargesheet Against Mallya In IDBI Loan Case
The Central Bureau of Investigation submitted a detailed charge-sheet against absconding liquor baron Vijay Mallya and others in the Rs 1,300 crore loan default involving the defunct Kingfisher Airlines and IDBI here on Tuesday, an official said.....
