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Articles for Banking & Finance

India Post Payments Bank (IPPB) Will Bring Unbanked People To Banking Mainstream: Shah

Commenting on IPPB BJP President Amit Shah said that it will deliver last mile banking to unbanked people and will empower them economically

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SBI, ICICI Banks Raise Benchmark Lending Rate By Up To 0.2 Per Cent

The new lending rates are effective from yesterday and have increased from 7.9 per cent to 8.1 per cent by SBI and 0.15 per cent to 8.55 per cent by ICICI

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UIDAI Extends Minimum Aadhaar Enrollment, Related Deadlines For Banks Till November 1

The November 1 deadline had been relaxed after certain banks flagged difficulties in achieving targets in view of calamities like Kerala Floods and other technical concerns. UIDAI asks bank branches to assure at least 8 enrollments or updations daily from November 1

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Banks To Function All Normal Next Week; No Need For Undue Panic: Finance Ministry

Dismissing rumours on social media, Finance Ministry clarifies that banks will remain open uninterruptedly next week except for holidays on Sunday, September 2nd and 8th.

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YES Bank Gets RBI's Nod For Continuance Of Rana Kapoor As MD & CEO

"We wish to inform you that the Bank has received the RBI's approval that Rana Kapoor may continue as Managing Director & CEO of YES Bank till further notice from RBI," the bank said in a regulatory filing

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HDFC Waives Processing Fee On Home Improvement Loans, Lowers Interest Rates For Kerala

Under 'Rebuild Kerala', HDFC will offer home improvement loans at 8.50 per cent without any processing fee to flood affected people in Kerala.

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IRDAI Makes Long-Term 3rd-Party Insurance Mandatory; Car, Bike To Cost More From September 1

Following a supreme court order, IRDAI makes it compulsory for all general insurers to issue a 3 year third-party insurance cover for new cars and 5 year third-party insurance cover for new two-wheelers.

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Asian Development Bank Approves Financing Package Of USD 245 Million For West Bengal

The package announced by the Asian Development Bank will include providing uninterrupted potable water through metered connections to about 3,90,000 individual households in three districts of West Bengal

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