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In a year, bank fraud doubles

Maharashtra and West Bengal lead the way in bank fraud In May 2015, the Reserve Bank of India (RBI) set up a Central Fraud Registry to check growing bank fraud. After this, the Prime......

Why India's poverty rate has fallen to 12.4%

The World Bank said improved infrastructure, specifically rural electrification, has had far-ranging effects India has reduced its poverty rate to 12.4 per cent from the 2011-12 estimate of 21 per......

India's confident investors ready for a Fed rate hike

Today, two years into the term of Reserve Bank of India (RBI) Governor Raghuram Rajan, the rupee has shrugged off its taper tantrum, inflation is tamed, and India has lifted foreign investment......

Banks to face RBI heat for not passing on base rate cut benefit

Central bank sees action as discriminatory, unfair The Reserve Bank of India (RBI) is not comfortable with the fact that commercial banks are not passing the entire benefit of base rate cut to the......

India Post-BSNL tie-up likely for payments bank

India Post is considering partnering state-run telecom major BSNL and using its mobile platform to offer payments bank services. To provide physical banking services under the payments bank, it......
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Indian Overseas Bank's Rs 3,000 crore loans cleared in H1 under finance ministry scanner

NEW DELHI: The finance ministry is looking into loans worth Rs 3,000 crore that Indian Overseas Bank (IOB) paid out in the first half of this year.... ...
An attractive dollar is likely to affect forex reserves

India, Nov. 27 -- Wikipedia defines foreign exchange (forex) reserves as: "Foreign-exchange reserves are assets held by a central bank or other... ...
Customer plaints against banks grow 11.2 per cent

Massive increase in customer base drive will lead to more complaints, says RBI. Customer complaints against banks recorded 11.2 per cent growth... ...

Email this Print The Reserve Bank of India (RBI)'s banking ombudsman has recorded a 11.2 per cent uptick in complaints by banking customers in... ...
SBI Card seeks partner as GE set to exit

Related to : ICICI Pru Flexible Income Plan - Regular (Div-D),Gujarat Telephone Cables Ltd ICICI Pru Flexible Income Plan - Regular (Div-D) BSE... ...

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