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The announcement of launching a National Programme for Artificial Intelligence has been welcomed by the industry. The government will also be building nine ...
LONDON, Feb. 20, 2019 /PRNewswire/ -- Directed Energy Weapons (DEW) Market Report 2019-2029 Forecasts by Product Type (High Powered Microwave ...
Japanese tech major NEC Corporation is exploring the possibility of offering its information and communications technology (ICT) solutions to the proposed ...
PNB has put on sale 21 accounts having `1320 cr outstanding; Andhra Bank's 53 entities have `2549-cr debt; UBI's 30 accounts have total outstanding of `572 cr.
Read more about Ratan Tata launches North East Small Finance bank on Business Standard. Tata Trusts Chairman Ratan Tata and Assam's Finance Minister ...
The bank has invited expressions of interest (EoIs) from ARCs for the sale of its non-performing assets (NPAs) by November 30, according to the tender ...
Well-funded young companies drawing on academics and industry veterans for leadership are tackling hardware, software, algorithms, security, analytics and ...
Read more about Bank of India Q1 profit up 8% to Rs 951 mn, but income falls to 108 bn on Business Standard. A rise in bad loans led to a higher amount to be ...
Synergy,” says marketing guru Stephen Covey, “is better than my way or your way. It's our way. The essence of synergy is to value differences, to respect them, ...
Axis Bank has become the first bank in the country to introduce Iris Scan Authentication feature for Aadhaar-based transactions through its micro ATM tablets.
After completing the selection of executive directors, the Banks Board Bureau will next week begin the process for identifying suitable candidates for the post of ...
Buoyed by demand for its solutions, hopes to triple its $200-m revenue in three years.
India was today formally announced as the 69th shareholder of the European Bank for Reconstruction and Development (EBRD), paving the way for more joint ...
Read more about Jana Bank begins operations on Business Standard. A micro-finance company-turned-Jana Small Finance Bank began operations on ...
MUMBAI: Ahead of the Reserve Bank of India's (RBI) monetary policy review early in February, India Inc on Thursday urged the central bank to cut its interest ...
In an event graced by Brand Ambassador Grand Master Viswanathan Anand, Fincare Small Finance Bank celebrated its first anniversary and announced its ...
As per Prime Database Investment Bankers League table for FY 2017-18, IIFL is India's top investment bank for equity issuances by private sector companies.
NEC Technologies India has entered into a pact with the Indian Institute of Technology Bombay (IIT-B) to explore join research and development in the ..
Read more about Citibank India reports a 6% drop in net profit to Rs 34 billion on Business Standard. Among the key metrics, the bank's net NPAs remained ...
NEC Technologies India said that it has bagged a contract to provide command and control centre components and other IoT-enabled smart ICT systems for..
By Archana Chaudhary and Dhwani Pandya Risk-averse bankers are slowing construction of infrastructure projects in India, Nitin Gadkari, the country's minister ...
As part of rationalisation post merger of six associate banks with itself, the country's largest lender SBI has changed names and IFSC codes of nearly 1,300 ...
Yes Bank has received approval from National Stock Exchange to be empanelled as 'Settlement Bank' for National Securities Clearing Corporation (NSCCL), ...
Read more about Finance Ministry ranks PNB as best PSU bank for digital transactions on Business Standard. A central government report has ranked Punjab ...
Seven Indian companies feature in the US magazine Fortune 500 list of the world's largest firms, with state-run Indian Oil Corp (IOC) remaining the top-ranked ...
Indian banks and financial institutions (FIs) on Monday entered into an inter-creditor agreement (ICA) to expedite the resolution of banks' non-performing assets ...
Berkshire Hathaway Inc has picked up a Rs 25 billion ($356 million) stake in the parent of digital payments firm Paytm, a source said, its first investment in an ...
Read more about Govt extends term for two PSU banks' chairmen on Business Standard. The government today gave two-years extension to non-executive ...
Read more about Bank of India announces change in nominee director on Business Standard. With immediate effect.
Group economic advisor of the State Bank of India (SBI), Soumya Kanti Ghosh said that any sudden appreciation or depreciation of the rupee was not good as it ...
The Receivables Exchange of India (RXIL) on Friday said Hindustan Aeronautics (HAL) has become the first public sector enterprise to make a transaction on ...
Indian black money deposits in Swiss banks went down by 34 per cent between 2016 and 2017 and by over 80 per cent since the BJP government came to ...
Read more about Citibank India reports decline of over 6% in net profit at Rs 34.03 bn on Business Standard. Among the key metrics, the bank's net NPAs ...
Bihar Deputy Chief Minister Sushil Kumar Modi today said that the state government has approved a proposal of the Centre and NABARD to merge Bihar ...
A recent study by the Reserve Bank of India (RBI) has noted that the Micro, Small and Medium Enterprises (MSMEs) have been adversely hit by the Goods and ...
Read more about Union Bank of India gets assigned Counterparty Risk Ratings on Business Standard. By Moody's Investor *Service*.
India expects to receive data from Swiss authorities on HSBC accounts of its citizens in about 10 days after Switzerland's apex court directions that data be ...
Read more about Indian Army chooses SBI as its banker on Business Standard. The Indian Army on Thursday joined hands with the State bank of India (SBI) on ...
Leading public sector bank, Indian Overseas Bank (IOB) as part of their 'Customer First' initiative launched Internet of Things (IoT)-based customer feedback ...
State-owned lender Allahabad Bank is targeting to come out of the prompt corrective action (PCA), imposed on it by the Reserve Bank of India in the wake of the ...
Read more about 5 companies disrupting the payments space in India on Business Standard. India's digital payments industry, which is currently worth around ...
Read more about Lupin to be excluded from Nifty 50 from Sep 28; JSW Steel to move in on Business Standard. Drug major Lupin will move out from the National ...
Read more about R S Software hits the roof on Business Standard. R S Software (India) hit an upper circuit limit of 20% at Rs 46.10 at 13:59 IST on BSE after the ...
Global investors are slowly adopting a "wait and watch" approach on India as they are scaling down on their aggression ahead of general elections next year ...
Union Ministers Arun Jaitley, Piyush Goyal and Suresh Prabhu will attend the two-day banking conclave beginning Thursday to dwell on issues including bad ...
Jana Small Finance Bank, which commenced its banking operations today, plans to set up over 500 banking outlets by 2019 and expand its reach to unbanked ...
Read more about Project Sashakt: 5 prong strategy on stressed asset resolution on Business Standard. Finance Minister Piyush Goyal unveiled 'Project ...
Read more about UAE Exchange (India) is now Unimoni on Business Standard. As part of its global rebranding exercise, UAE Exchange, a leading global ...
The CBI has registered three separate cases of banking fraud against three Mumbai-based companies for an alleged banking fraud that caused a cumulative ...
Read more about Cabinet approves Repositioning of North Eastern Council on Business Standard. Impact:
Read more about Home Minister to chair North Eastern Council on Business Standard. The Union cabinet on Wednesday approved the Ministry of Development ...
Read more about HDFC Bank's Aditya Puri figures in Barron's top 30 global CEO list on Business Standard. The career banker methodically built a start-up into ...
YES BANK, India's fourth largest private sector bank has announced its partnership with the Government of Rajasthan to launch Bhamashah Wallet, a simple ...
The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore each on three public sector banks for non-compliance with its directions on “Fraud.
The e-auction of these accounts will take place on June 25, according to an SBI notice.The country's largest lender SBI will conduct auction of 12 non-performing ...
The partnership between Samsung and NEC could mobile carriers with flexible 5G solutions that are localised for each region with customised services to meet ...
Read more about HDFC Bank scales record high after preferential allotment on Business Standard. HDFC Bank rose 1.04% to Rs 2199.35 at 12:15 IST on BSE ...
CSC SPV and HDFC Bank on Wednesday announced signing of an agreement to enable three lakh Village Level Entrepreneurs (VLEs) of the common services ...
Read more about Kerala floods: HDFC Bank to adopt 30 villages, donate Rs 10 cr on Business Standard. HDFC Bank today said it is adopting 30 villages and ...
In a strategic shift, the State Bank of India (SBI) will undertake a major restructuring of its business in the UK from April and ensure greater protection for ...
The financial inclusion drive has resulted in proliferation of bank accounts in rural areas with 88.1 per cent of households having savings accounts, said a survey ...
The finance ministry today appointed non-executive chairpersons at Punjab and Sindh Bank, Dena Bank and Central Bank of India, as part of its agenda to ...
IDBI Bank on Wednesday said it has received approval to bring down the government stake to below 50 per cent and get acquired by insurance behemoth LIC.
Reliance Industries on Thursday said that its telecom subsidiary Jio has entered into an MoU with State Bank of India (SBI) to deepen their digital partnership.
The Finance Ministry has invited applications for the post of Managing Director at National Housing Bank following the exit of Sriram Kalyanaraman, against ...
The Tripura Gramin Bank (TGB) has secured the fifth position amongst India's 56 regional rural banks (RRBs) in terms of its business and growth, an official said ...
The second tranche of Bharat-22 ETF was subscribed 2.3 times on the final day of the offering, with the issue garnering subscription to the tune of Rs 140 billion.
Read more about Redington India Ltd leads losers in 'A' group on Business Standard. Interglobe Aviation Ltd, Bank of India, Can Fin Homes Ltd and Idea ...
The thermal power sector accounts for $40-60 billion of potentially stranded assets that are continuing to trouble the Indian banking sector. Fifteen GW out of the ...
A district cooperative bank, which has Bharatiya Janata Party (BJP) President Amit Shah as a director, netted the highest deposits among such banks of old Rs ...
Agri-lender Nabard today said it has launched a centre for accelerating concerted action on climate change by various stakeholders including government, ...
PayPal, a global technology platform and digital payments leader, has announced its strategic partnership with and HDFC Bank to offer safer, faster and ...
After getting a go-ahead from the insurance regulator, LIC is preparing itself to complete the 51 per cent acquisition of debt-ridden IDBI Bank by the end of ...
Centre for Economic Policy Research (CEPR) along with its knowledge partner and the government Think Tank, NITI Aayog are organizing two-day India ...
A preliminary examination by regulator Sebi has favoured adjudication proceedings against ICICI Bank and its CEO Chanda Kochhar for alleged violation of ...
Fugitive Indian jeweller Mehul Choksi, wanted in a Rs 13,500 crore bank fraud, was given Antiguan citizenship after "stringent background checks" and a ...
A rise in trade deficit due to higher crude oil prices widened India's current account deficit (CAD) for 2017-18, Reserve Bank of India's (RBI) data showed on ...
National Highways Authority of India (NHAI) is getting an unsecured loan of Rs 25,000 crore from State Bank of India for 10 years with 3 years of moratorium on ...
Aiming to enhance business growth and portfolio diversification using "digitisation", Bank of Baroda on Wednesday announced its partnership with technology ...
Real estate consultant SILA group today said its monthly revenue from facility management business has increased to Rs 8 crore, and is likely to rake in a total of ...
Read more about Bank of India initiates CIRP against Khaitan Electricals on Business Standard. Files application with NCLT, Hyderabad Bench.
Read more about MoU between Indian Army and HDFC Bank on Business Standard. Currently Indian Army has MoUs on Defence Salary Package with 11 ...
With 420 million customers, roughly 40 percent of India's population; it is adopting a collaborative and partner ecosystem leveraged approach to achieve its ...
Blind chess players are not weak and a team representing the International Braille Chess Association (IBCA) had even drawn with a strong Indian team in the ...
Amid reports of fraudulent withdrawals from bank accounts in Kolkata, a Canara Bank official on Wednesday said they have identified 37 customers who are ...
Read more about Agriculture Credit to farmers on Business Standard. Agriculture Credit Target &Achievement.
Read more about SIDBI launches Samridhi - the virtual assistant & Bankability Kit on Business Standard. While flagging off its 'MSME contact programme'; ...
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the following schemes of M/o DONER for continuation till March, 2020:.
The government may need to amend the Reserve Bank of India Act of 1934 and also bring a special law vis-a-vis setting up of the Public Credit Registry (PCR) ...
SBI will sell two non-performing assets (NPAs) worth about Rs 24.9 billion and has invited bids for them. In terms of the bank's revised policy on sale of financial ...
In an abrupt move, the Board of Directors of the Bank of Maharashtra on Friday resolved to remove arrested CEO and Managing Director Ravindra P. Marathe ...
Read more about CNH Industrial Capital launches retail financial services in India on Business Standard. CNHI / MICNH Industrial Capital is a global financial ...
Read more about One Time Settlement of NPAs on Business Standard. Insolvency and Bankruptcy Code, 2016 has been enacted for time-bound resolution of ...
Anil Khandelwal and H.N. Sinor's resignations came after a year-long struggle between the board's independent directors and the promoter over a wide range of ...
Homegrown auto major Tata Motors plans to bring around 10-12 new products in passenger vehicles segment in the next five years, according to a senior ...
Read more about MoU between Indian Army, Axis Bank on Defence salary package on Business Standard. A Memorandum of Undertaking (MoU) was signed ...
State-owned Bank of Baroda (BoB) on Thursday reported a net loss of Rs 31.02 billion for the January-March quarter of 2017-18 due to higher provisioning for ...
Read more about BLS E-Services acquires Starfin India for an undisclosed amount on Business Standard. BLS E-Services today said it has acquired Starfin ...
Read more about MARG ERP Limited partners with ICICI Bank on Business Standard. Marg ERP limited, a leading Inventory and Accounting software solution ...
Bankruptcy-bound Ruchi Soya's promoters have sold 1.06 crore shares, worth 3.18 per cent stake, through open market transactions, the debt-ridden edible oil ...