Mumbai, May 7 (KNN) Banks will not be permitted to charge for foreclosure or pre-payment penalties on all floating rate term loans sanctioned to individual…
Mumbai, May 7 (KNN) Minors above 10 years of age will now be allowed to open and operate independently savings bank accounts, and the banks are free to offer…
Mumbai, May 7 (KNN) The Reserve Bank of India (RBI) has said that customers will not be fined for not maintaining a minimum balance in their bank accounts…
Kolkata, May 6 (KNN) Faced with an RBI embargo not to extend credit above Rs 10 crore in the backdrop of its mounting losses, United Bank of India (UBI)…
New Delhi, May 6 (KNN) In a clear threat to Delhi traders, the state today openly said through widely published notices that yes it would resort to "coercive…
New Delhi, May 5 (KNN) Considering that industry associations or business membership organisations (BMOs) play a key role in promotion and development…
New Delhi, May 5 (KNN) India is estimated to have spent a tidy sum of over USD five billion in the fiscal 2013-14 on imports of the intellectual property rights…
New Delhi, May 5 (KNN) To address the mounting Non-Performing Assets (NPAs) pressure on the health of the Indian banking system, industry body CII has…
Mumbai, May 3 (KNN) On a year-on-year (y-o-y) basis, credit to industry increased by 13.1 per cent in March 2014 as compared with the increase of 15.1 per…