In 2014, gold prices had fluctuated between Rs 27,000 and 30,000/10g.
Contactless denit and credit cards increases the ease and convenience of transactions.
Under KV Kamath's leadership, ICICI Bank's revenues grew multi-fold.
Axis Bank launches Ping Pay to enable fund transfer across various platforms
Banks seems to be upset over RBI's move over rate cut.
Banks in India must have a modern approach, suggests a panel comprising of banking bigwigs.
HDFC Bank becomes first Indian lender to develop mobile banking app for Apple's latest offering in India.
The message to bankers from Raghuram Rajan was clear.
The corporate sector does not care from where the money is coming.
Commercial banks have not yet reduced their lending rates.
India's foreign exchange reserves are at an all-time high.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Banks are expected to cut lending rates from April 1.
Move to shift powers from RBI without discussions baffles many
Aditya Puri thinks the government is on track.
The number of cyber crimes in India could touch 3,00,000 in 2015
Union Bank of India, United Bank of India reduced base rates.
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
The post of chairman and managing director has been split and the government has appointed managing directors and chief executive officers in four banks -- Indian Overseas Bank, United Bank of India, Oriental Bank of Commerce and Vijaya Bank.
Some leading private and foreign banks in the country have started checking scores of credit information companies such as Credit Information Bureau Ltd as part of their pre-employment screening process.
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