Move to hasten rollout and, if successful, set a precedent for new banking firms.
Jaitley's Budget has the potential to change the face of Modi's Bharat
The NSE Nifty settled the day 38.85 points or 0.37 per cent lower at 10,500.90 after shuttling between 10,590.55 and 10,456.65, intra-day.
If you are have an account with State Bank of India, HDFC Bank or Axis Bank you will have to pay higher charges for using ATM more than five times a month.
Here's why VCCs are the best options for credit and debit card holders for avoiding phishing and frauds
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
ED had earlier issued summons to Mallya for "personal appearance" on March 18 under the provisions of the Prevention of Money Laundering Act (PMLA).
India Inc has few leaders who are likely to grab headlines in 2015.
Despite the rating agency CARE withdrawing the ratings assigned to the bank facilities of FIPL "with immediate effect" following the receipt of a no-objection certificate (NOC) from the banks, Modi's company received uninterrupted letters of undertaking (LoUs) from PNB, which were honoured by other banks until a few weeks ago.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
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The minister, who will also be meeting foreign institutional investors whose money is key to funding CAD in the afternoon, did not speak to reporters waiting outside.
The broader markets are outperforming the benchmark indices.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
Bupa and Axa have already declared their intention to raise stakes.
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
Most analysts, who have long stopped covering UB stocks because of continuing troubles, were surprised to see a sudden spike of up to 20 per cent in their share prices on Tuesday.
The focus is on tapping all resources, even foreign agencies.
Investors booked profits at higher levels with oil shares leading the decline
V Viswanand, director and head, Products and Persistency Management, Max Life Insurance, will answer your queries in an online chat September 3, between 2 pm and 3 pm.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
Sensex in green in afternoon trade.
Trade between India and Indonesia stands at $20 billion.
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