Tag: Bank

PMI: Robust demand drives India's business growth to a three-month high in July, PMI shows
Posted in Economy

PMI: Robust demand drives India’s business growth to a three-month high in July, PMI shows

India’s business activity accelerated at its fastest pace in three months in July thanks to strong demand, especially in the services sector, according to a…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Cred: Cred’s head of risk Kunal Kashyap quits, set to join Slice

Kunal Kashyap, who was heading risk at fintech unicorn Cred, has quit to join rival firm Slice, which is set to become a bank through…

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ICICI Bank branch manager duped depositors of crores for years to meet targets
Posted in Finance

ICICI Bank branch manager duped depositors of crores for years to meet targets

An ICICI Bank branch manager and his aides managed to meet their business performance targets for years by withdrawing money out of the bank accounts…

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​Cheque fraud victims to get Rs 74 lakh from Axis Bank after 15 years long legal fight
Posted in Finance

​Cheque fraud victims to get Rs 74 lakh from Axis Bank after 15 years long legal fight

Axis Bank was ordered by National Consumer Disputes Redressal Commission (NCDRC) to pay a collective amount of Rs 73.93 lakh (including compensation) to five individuals…

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HDFC Bank: Son fights for 9 years with HDFC Bank to get Rs 5 lakh accidental death insurance cover on debit card
Posted in Finance

HDFC Bank: Son fights for 9 years with HDFC Bank to get Rs 5 lakh accidental death insurance cover on debit card

HDFC Bank was ordered to pay Rs 5 lakh by NCDRC as insurance benefit to the son of a deceased customer, who had an HDFC…

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Bank ordered to pay Rs 10 lakh to customer for loss of jewellery from bank locker
Posted in Finance

Bank ordered to pay Rs 10 lakh to customer for loss of jewellery from bank locker

The National Consumer Disputes Redressal Commission (NCDRC) has held the UCO Bank responsible for not taking appropriate measures to ensure the safety of goods kept…

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Posted in Finance

You can talk to this bank’s officials 24X7 365 days over video call to resolve problems

Jaipur headquartered AU Small Finance Bank (SFB), claims to be the first bank in India to offer 24X7 for 365 days video banking facility to…

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NPA india: Indian banks' gross bad loans fall to a 10-year low of 3.9%: RBI's Financial Stability Report
Posted in Economy

NPA india: Indian banks’ gross bad loans fall to a 10-year low of 3.9%: RBI’s Financial Stability Report

Scheduled commercial banks’ net non-performing assets (NPA) ratio fell to a 10-year low of 3.9 per cent in March 2023, the Reserve Bank of India…

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pli: Govt assures PLI beneficiaries of timely resolution of issues, next high level meet in Sept end
Posted in Economy

pli: Govt assures PLI beneficiaries of timely resolution of issues, next high level meet in Sept end

New Delhi: Commerce and industry minister Piyush Goyal on Tuesday chaired the first cross- sectoral workshop on the 14 production-linked incentive (PLI) schemes to take…

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shaktikanta das: More than two-thirds of Rs 2,000 notes returned within a month of withdrawal: Das
Posted in Economy

shaktikanta das: More than two-thirds of Rs 2,000 notes returned within a month of withdrawal: Das

Reserve Bank Governor Shaktikanta Das has said that within a month of the recall order, more than two-thirds of the Rs 2,000 currency notes have…

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