Search Results for: ICICI bank

IN THE VANGUARD OF DIGITAL REVOLUTION

Hitachi, with its advanced technological solutions, is contributing significantly to mission 'Digital India'

Feb 28, 2020

Fact checking reports of ATM recalibration to phase out Rs 2,000 notes

Recent reports of Rs 2000 notes to be withdrawn from most bank ATMs are false. Nirmala Sitharaman clarifies, no such instructions have been provided to banks yet.

Feb 28, 2020

Government permits 100% FDI for insurance intermediaries

Government eases FDI norms for the insurance sector to enable foreign brokerage companies to buy stake in the Indian companies. FDI for insurance companies is still capped at 49 per cent.

Feb 27, 2020

Who is Puneet Sharma, the new Axis Bank Chief Financial Officer?

Puneet Sharma was earlier the CFO of the Tata Capital Limited and Tata Capital Financial Services Limited. He had recently resigned from his post after being associated with the firm for over a decade.

Feb 27, 2020

Exploring new dimensions of banking in India for customers in near future: RBI

Banks of the future will be very different, says RBI governor Shaktikanta Das at the 13th edition of the Mint's Annual Banking Conclave held on February 24, 2020. Distinct segments of banking institutions may emerge in the coming years.

Feb 26, 2020

Michael Miebach (R) to replace Ajay Banga as Mastercard CEO

Who is Michael Miebach, Mastercard's new CEO?

Mastercard has elected Michael Miebach as the new CEO to replace Ajay Banga next year onwards.

Feb 25, 2020

rbi rule deposit of rs 5000 more than demonetisation modi govt currency ban

"Cash is king but digital is divine" says RBI

Although cash is deeply embedded in the payment systems in India, planned efforts post-demonetisation have shown a marked shift from cash to digital payments.

Feb 24, 2020

tax collection data, indirect taxes, direct taxes, income tax, corporate tax, modi govt, budget 2017, arun jaitley

Indian Bank ATMs won't dispense Rs 2,000 notes from March 1: Here's why

Indian Bank has moved to remove Rs 2,000 from some of its ATMs in a bid to make it easier for customers withdrawing cash.

Feb 24, 2020

Coronavirus outbreak: 106 more deaths in China's Hubei, COVID-19 toll surges past 2300

A total of 234 infections among Chinese prisoners outside Hubei ended 16 straight days of declines in new mainland cases.

Feb 22, 2020

The new Apple iPhone Xs Max and iPhone X are seen on display at the Apple Store in Manhattan, New York, U.S.,

iPhone XS available for less than Rs 40,000 on Flipkart isn't as great as it sounds

Flipkart Mobile Bonanza sale is underway and the iPhone XS has grabbed a lot of attention with discounted Rs 42,000 price tag. Here's the truth behind the offer.

Feb 19, 2020

HSBC layoffs 2020: London-based bank to axe up to 35,000 jobs in massive overhaul

Europe's biggest bank by assets, which has long underperformed rivals, reported profit before tax of $13.35 billion for 2019 versus $19.89 billion a year earlier.

Feb 18, 2020

Indian economic revival likely to be shallow: Moody's lowers GDP growth rate to 5.4% for 2020

Improvements in the latest high-frequency indicators such as PMI (Purchasing Managers' Index) data suggest that the economy may have stabilized, Moody's said.

Feb 17, 2020

Nifty, Sensex fall as telecom exposure weighs on banks

Indian shares ticked lower, dragged down by banking stocks exposed to telecom operators after the government ordered mobile carriers to immediately pay billions of dollars in dues.

Feb 17, 2020

india news, india consumer inflation, india factory output, demonetisation, cash crunch, pm modi

Double trouble for economy: Factory output contracts, retail inflation jumps to six-year high

The jump in inflation in a likely indication for the Reserve Bank of India (RBI) to stop easing credit rates in the country's financial market.

Feb 13, 2020

Prince Harry to earn millions of dollars from his new gig?

Prince Harry and Meghan Markle resigned from "senior" Royal roles in a bid to achieve financial independence.