Search Results for: Banking Regulation Act

Can artificial intelligence contribute $957 billion to Indian economy by 2035? Study claims it is possible

The abundance of data and increased need for its error-free analysis has forced companies to turn towards technologies like AI, resulting in more and more start-ups diving into AI-driven business offerings.

Sep 9, 2018

Hinduja Group eyes equity stake in two UAE banks; plans to move HQ out of London

Gopichand P. Hinduja said that the company is mulling the idea of shifting its London-based headquarters either to UAE or Singapore.

Sep 8, 2018

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Parliamentary panel requests RBI to ease capital adequacy norms for PSBs

The committee has urged the central bank to relax these norms for nine out of 21 PSBs which could free up capital up to Rs. 5.34 trillion to boost the lending practice of the banks.

Sep 7, 2018

Bombay HC disapproves practice of people writing directly to PM, President

The law permits a person to approach the police or a magistrate to lodge a complaint and get their grievances addressed, the court noted.

Sep 7, 2018

Vivo, V11 Pro, India, launch, first impression, price, offers

Vivo V11 Pro first impression: Feature-rich camera phone with visually appealing design

Vivo V11 Pro's three key features—visually appealing water drop design, futuristic in-screen fingerprint sensor and an exceptionally good camera -- are very hard to beat in the sub-Rs 30,000 price bracket.

Sep 6, 2018

Tech jobs dominate list of top 10 emerging professions in India, reveals LinkedIn

Tech jobs are in demand across sectors from pharma to banking and retail, and companies in these various industries see a high demand for talent in these roles, said the Microsoft-owned LinkedIn.

Sep 6, 2018

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Supreme Court bans construction in 3 states; move may take toll on development

The order was imposed because the states did not put rules on solid waste management in place.

Sep 4, 2018

Carcass meat row has shattered the entire poultry based economy of the state of West Bengal

Asia to witness 78% rise in meat consumption by 2050, reveals report

India's greenhouse gas emissions will decrease marginally by 2030 before increasing 21 per cent by 2050 due to the changing mix of consumption -- with a lower proportion of bovine meats that have high associated emissions.

Sep 4, 2018

ICICI Bank board asks investigators to probe all deals by Chanda Kochhar and family

The whistleblowers claim that Chanda Kochhar was on the bank's credit committee and was aware of the issue that sanctioned proceeds of Rs 3,250 crore loan to the Videocon Group in 2012.

Sep 3, 2018

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'Raghuram Rajan's policies led to slump, not demonetisation'

Niti Aayog vice-chairman Rajiv Kumar says Rajan's policies on stressed assets resulted in a steep rise in non-performing assets in the banking sector. This led to a drastic shrinking of credit for the small scale sector, he adds.

Sep 3, 2018

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IPPB: PM Modi launches India's biggest bank to take banking services to hinterlands

The IPPB's strength is the fusion of its legacy workforce with modern technology.

Sep 1, 2018

Government denies rumours of banks remaining closed for first six days in September

Rumours have been doing the rounds on social media that September may begin with a five-day bank closure in many states and banking services may be affected.

Aug 31, 2018

Rahul Gandhi slams PM Modi; says notebandi, Rafale deal done to help friends

Congress president Gandhi also lashed out at Modi for trying to "finish off" small and middle-sized businesses and small shopkeepers to help big businesses with demonetisation.

Aug 31, 2018

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SBI warns of 'noticeable increase' in counterfeit notes detected in new Rs 500, Rs 2,000 notes

The report said that there was a "noticeable increase" in the fake currencies detected in the denomination of the new Rs 500 and Rs 2,000 notes which are up by 4,178 per cent and by 2,710 per cent respectively

Aug 30, 2018

99.3% demonetised notes returned to banks: RBI

RBI spent Rs 7,965 crore in 2016-17 on printing new Rs 500 and Rs 2,000 and other denomination notes.

Aug 29, 2018

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