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Preview: Banking-Banking/Finance-News By Industry-News-The Economic Times

Banking-Banking/Finance-Industry-The Economic Times



The Economic Times: Latest business, finance, markets, stocks, company news from India.



Last Build Date: Sun, 19 Feb 2017 14:29:17 GMT

Copyright: Copyright:(C)2017 Bennett Coleman & Co. Ltd, http://info.indiatimes.com/terms/tou.html
 



Majority of consumers willing to adopt mobile payments: Report

Sun, 19 Feb 2017 09:29:36 GMT

(image) Consumers also believe that relying on mobile payments could be a time-saver, according to the 'Visa Mobile Payments Readiness Survey'.



Bandhan Bank to retain focus on mircocredit for now, says CEO

Sun, 19 Feb 2017 08:56:36 GMT

(image) Turning from a microcredit institution to a universal bank within one-and-half-years, Ghosh believes serving those at the "bottom of the pyramid" is the right strategy to expand business for a bank.



Banks look for insurance as cyber threats increase

Sun, 19 Feb 2017 06:29:23 GMT

(image) Country's largest lender State Bank, which fell victim to cyber frauds late last year, is now considering insurance to protect its over 30 crore customers.



RBI asks custodians not to settle all FPI trades in HDFC Bank

Sat, 18 Feb 2017 19:06:16 GMT

(image) BSE uploaded the notification at 1.39:18 pm on Friday while NSE’s notification was uploaded at 1.38:40 pm on Friday, according to the message by the foreign custodian to clients.



Ahead of merger with SBI, associate SBT to raise up to Rs 600 crore

Sat, 18 Feb 2017 11:36:47 GMT

(image) The SBI associate bank got approval of its Executive Committee today to raise the money, which will be added as its additional tier-I capital.



SBI ties up with Greenply to offer financial services to its dealers

Sat, 18 Feb 2017 10:51:27 GMT

(image) SBI said it will extend financial services to Greenply dealers to grow further on a very competitive pricing.



Aditya Puri says national bad bank is not a bad idea

Fri, 17 Feb 2017 15:06:11 GMT

(image) It can be noted that almost 20 per cent of the banking assets are stressed with the NPAs alone topping 13.5 per cent as of the September quarter.



Will focus on expanding into banking this year: Paytm

Fri, 17 Feb 2017 14:45:45 GMT

(image) "I think what we saw small shops, and people who traditionally didn't get access to digital payments, opted for digital payments. It's very encouraging," Vijay Shekhar Sharma said.



Will expanding the ambit of oversight committee for stressed loan help bank customers?

Fri, 17 Feb 2017 10:15:29 GMT

(image) If banker think that the move will ring fence them from investigative agencies on being questioned for decision taken today, it won't serve the purpose.



Eight Executive Directors appointed in various banks

Fri, 17 Feb 2017 08:20:31 GMT

(image) Neelam Damodharan and Atanu Kumar Das have been appointed as EDs in Bank of India. Damodharan is General Manager in Bank of Baroda and Das is GM in Vijaya Bank.



No major impact on Indian banks in UK post-Brexit: SBI UK chief

Fri, 17 Feb 2017 07:54:53 GMT

(image) Sanjiv Chadha, the SBI's Regional Head for the UK and chair of the Association of Indian Banks in the country, said that Indian banks in the UK are set for a new phase of growth.



Karnataka Bank launches National Pension System in Mangaluru

Fri, 17 Feb 2017 07:44:14 GMT

(image) NPS was introduced by the Government of India with an intention to provide old age financial security by way of regular income in the form of pension.



Under enigmatic Urjit Patel, Indians failing to decode central bank's policy

Fri, 17 Feb 2017 05:22:35 GMT

(image) Under governor Urjit Patel, the RBI has significantly reduced communication with markets after he took over in September, an analysis of his public comments shows.



Attention! Cash hoarders on the loose at ATMs

Fri, 17 Feb 2017 01:23:41 GMT

(image) Supply of currency has risen to about 80-85% of pre-demonetisation levels but the fear of not having enough hard cash in hand is driving people to stock up.



Bad bank is a good idea, says Uday Kotak

Thu, 16 Feb 2017 16:25:20 GMT

(image) Kotak said since the issue of PSLis no longer a burden to any one, as private sector lenders are only happy to buy such credit from the PSU banks, it is time to move on and merge them.