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Bitcoin investments new attraction for Indians, say experts

Supreme Court bench headed by Chief Justice Dipak Misra recently sent notices to concerned authorities asking to frame an effective mechanism for flow of bitcoin
Finance

Bitcoin investments new attraction for Indians, say experts

Supreme Court bench headed by Chief Justice Dipak Misra recently sent notices to concerned authorities asking to frame an effective mechanism for flow of bitcoin

Small finance banks look to tap Odisha market for growth

Small finance banks (SFBs) have lined up firm plans for Odisha, a state with huge chunk of areas untouched by banking services.These new generation banks are betting big on Odisha as the state is having more than 4200 panchayats where people are deprived of b
Finance

Small finance banks look to tap Odisha market for growth

Small finance banks (SFBs) have lined up firm plans for Odisha, a state with huge chunk of areas untouched by banking services.These new generation banks are betting big on Odisha as the state is having more than 4200 panchayats where people are deprived of banking services.Suryodaya Small Finance Bank, headquartered in Navi Mumbai, is the first among the small finance banks to start its services in the state by opening a branch here.In Odisha, the new generation bank has approval for opening of another 16 new banking outlets in the next one year. In addition, it will be converting all its 37 micro-finance branches across Odisha into full-fledged banking branches in the next one year.SFBs are offering niche banking services in India. Entities with a small finance bank license can provide basic banking service of accepting deposits and lending.Jana Small Finance Bank is also planning to start its services in Odisha. Its operations in Odisha are likely to start somewhere between ...

Reliance General Insurance enters into bancassurance pact with YES Bank

YES Bank is pleased to partner Reliance General Insurance to offer a bouquet of insurance products to customers: CEO
Finance

Reliance General Insurance enters into bancassurance pact with YES Bank

YES Bank is pleased to partner Reliance General Insurance to offer a bouquet of insurance products to customers: CEO

Bank e-wallets may die early death: Tie-ups with niche players more viable

Given the expertise, focus and core competency of mobile wallet players like Paytm and Mobikwik, it makes more sense for banks to partner such players than building or pushing own e-wallet apps
Finance

Bank e-wallets may die early death: Tie-ups with niche players more viable

Given the expertise, focus and core competency of mobile wallet players like Paytm and Mobikwik, it makes more sense for banks to partner such players than building or pushing own e-wallet apps

Rupee surges 21 paise to end at 65.21 on falling crude prices

Falling crude oil prices helped the rupee tide over trade deficit scare that ballooned to 3-year high of $14 billion due to twin impact of rising oil imports and falling exports
Finance

Rupee surges 21 paise to end at 65.21 on falling crude prices

Falling crude oil prices helped the rupee tide over trade deficit scare that ballooned to 3-year high of $14 billion due to twin impact of rising oil imports and falling exports

United Bank of India plans to raise Rs 500 cr via Basel III compliant bonds

Banks globally have to comply with the Basel III norms so as to improve and strengthen their capital planning processes
Finance

United Bank of India plans to raise Rs 500 cr via Basel III compliant bonds

Banks globally have to comply with the Basel III norms so as to improve and strengthen their capital planning processes

Govt seeks special dividend from RBI for bank recapitalisation

Provided talks on the matter are fruitful, the dividend payout will be made during the current RBI financial year ending on June 30, 2018.
Finance

Govt seeks special dividend from RBI for bank recapitalisation

Provided talks on the matter are fruitful, the dividend payout will be made during the current RBI financial year ending on June 30, 2018.

PSB ThinkShop: Banks seek change in lending structure to improve efficacy

Named as PSB ThinkShop, (earlier editions were called Gyan Sangams), the weekend meet had been organised by the department of financial services
Finance

PSB ThinkShop: Banks seek change in lending structure to improve efficacy

Named as PSB ThinkShop, (earlier editions were called Gyan Sangams), the weekend meet had been organised by the department of financial services

RBI rejects Islamic banking in India, says equal access available to all

Islamic or Sharia banking is a finance system based on the principles of not charging interest, which is prohibited under Islam
Finance

RBI rejects Islamic banking in India, says equal access available to all

Islamic or Sharia banking is a finance system based on the principles of not charging interest, which is prohibited under Islam

MSMEs to be next growth driver for bank as corporate credit to give pain

Because the proportion of customers with two or more loans and availing a third one went up from 34% in Q2 of 2015 to an estimated 44% in Q2 of 2017
Finance

MSMEs to be next growth driver for bank as corporate credit to give pain

Because the proportion of customers with two or more loans and availing a third one went up from 34% in Q2 of 2015 to an estimated 44% in Q2 of 2017

Govt to inject more capital in PSBs to strengthen banks, economy: Jaitley

Non-performing assets of PSBs have increased to Rs 7.33 lakh crore as of June 2017, from Rs 2.78 lakh crore in March 2015
Finance

Govt to inject more capital in PSBs to strengthen banks, economy: Jaitley

Non-performing assets of PSBs have increased to Rs 7.33 lakh crore as of June 2017, from Rs 2.78 lakh crore in March 2015

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