Page 3139 - Finance News
YES Bank to offer Amex cards to high value customers
The premium cards will be available across YES Bank's branches in seven cities
SBI, Axis Bank, 3 others launch Aadhaar-linked a/c
RBI has recently directed banks to accept Aadhaar letter as the proof of both identity and address
RBI tightens norms for NBFCs
Higher capital requirement, prior approval for merger and top level appointments proposed
Banks allowed to issue debit, co-branded cards without RBI nod
Henceforth, banks are not permitted to issue offline debit cards
RBI proposes tighter NBFC norms
RBI has proposed that stake transfer of NBFCs of more than 25 per cent will need RBI's prior approval
Banks can issue online debit cards without RBI nod
RBI has asked banks to comply with instructions laid down by Department of Payment and Settlement Systems of RBI
ICICI Bank opens 101 gramin branches across six states
Following the opening of these gramin branches, ICICI Bank now has a network of more than 400 rural branches and 5,000 customer service points
Kotak Mahindra in pact with Sumitomo Mitsui, SMBC Nikko
To offer India-Japan cross-border M&A advisory services
Bank employees to go on strike on December 20th
Decision against Govt's attempt to push amendment to the Banking Laws
Banks to remain stressed next year too: Fitch
Report says the stress is not yet completely visible in the reported NPAs, but is clear in the performing restructured loans
New RBI norms may affect NBFCs' return on asset: Crisil
New norms will structurally strengthen the sector and enhance confidence of lenders in them
Moody's cuts outlook to negative for 3 PSU banks
The rating agency cuts ratings of PNB, BoB and Canara Bank on concerns over worsening asset quality