Banks no safe havens for your money: DNA report

Your money may not be safe in the bank, and not because of macro reasons beyond control.

PM Modi calls on RBI for 20-year financial inclusion roadmap

Prime Minister Narendra Modi on Thursday asked the Reserve Bank to prepare a 20-year road map for financial inclusion and nudged banks to be considerate in giving loans to the poor as also while making recoveries from them, especially farmers.

Get ready to pay more from April 1

Entry tickets to museums, zoo and tiger reserves would become cheaper, while business class air travel, investment in MFs and chit funds would become expensive with some of the service tax proposals announced in the Budget coming into effect from Wednesday.

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Banks may remain closed between March 28 and April 5

Banks in many parts of the country will remain closed from March 28 and April 5 on account of various holidays and annual closing of bank accounts.

Delhi govt asks banks to engage only licensed pvt security agencies

To ensure that banks and ATMs in the city have foolproof security, the Delhi government has asked them to hire the services of only licensed private security agencies.

Banks to offer combo loan scheme

Banks to offer combo loan scheme.

Banks likely to reduce interest rates; Home, car loan rates likely to fall

Banks likely to reduce interest rates; Home, car loan rates likely to fall.

Don't harass pensioners, govt tells banks

Against the backdrop of complaints of pensioners' harassment, the government has directed banks not to insist that retired government employees be physically present for giving life certificates for continuation of pension.

Vijay Mallya fails to repay Kingfisher loans, but buys players for IPL

India's public sector banks are struggling to recover even a fraction of their Rs 7000-crore loans from Vijay Mallya's grounded Kingfisher Airlines.
However, Mallaya, the owner of Royal Challengers Bangalore, has bought players in the IPL 2015 auction.

DNA: N Srinivasan barred from contesting BCCI elections

In a setback to N Srinivasan, the Supreme Court on Thursday barred him from contesting any BCCI election on grounds of conflict of interest and set up a judges committee under a former Chief Justice of India to decide on the punishment in the IPL scam that can threaten the future of Chennai Super

Govt banks may remain shut for six days

Government banks across the state could remain closed for six days starting from January 21.

Jan Dhan Yojna aims at encouraging savings: P Jayaram Bhat

P Jayaram Bhat, MD and CEO, Karnataka Bank Ltd said that the Pradhan Mantri Jan-Dhan Yojana (PMJDY) aims at encouraging savings, availing credit from banks and rooting of government subsidies and benefits to directly to the beneficiaries accounts.

Swiss to increase oversight of FIFA, other sports bodies
Swiss to increase oversight of FIFA, other sports bodies

A privileged existence in Switzerland for some of the largest sports organizations in the world and their top executives including Sepp Blatter, president of world soccer’s governing body FIFA, may be coming to an end.

Protests hit Hong Kong banks, travel and business

Hong Kong`s shares tumbled Monday and the local dollar hit a six-month low against the greenback as pro-democracy protests brought parts of the city to a standstill with with many schools, businesses and banks shut down.

DDA 2014 housing scheme: Website restored, Banks to provide 20 lakh forms
DDA 2014 housing scheme: Website restored, Banks to provide 20 lakh forms

A day after the much-awaited Delhi Development Authority's (DDA) 2014 housing scheme kicked-off, looking at the demand, the agency has planed to sell 25,000 forms through each of the 13 authorised banks from Tuesday.    

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PM Narendra Modi launches Jan Dhan Yojana

Prime Minister Narendra Modi on Thursday launched Jan Dhan Yojana, a mega financial inclusion plan under which bank accounts and RuPay debit cards with inbuilt insurance cover of Rs 1 lakh will be provided to crores of persons with no access to formal banking facilities.