New Delhi: Refusing to give further extension to banks for complying with security norms, the RBI on Friday said that banks will have to bear the cost of fraudulent card transaction through point of

Mumbai: Making garlands of currency notes, a practice followed in Indian marriages and political rallies, has been sought to be discouraged by the Reserve Bank.
"The Reserve Bank of India has appeale

Mumbai: The Reserve Bank of India (RBI) on Tuesday asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of “innovative”

Mumbai: After discussions between Finance Minister P. Chidambaram and FIIs and banks, the Finance Ministry on Saturday said steps to attract capital flows to fund the current account deficit can be e

Enough can’t be said on the diligent care one must take when handling a credit card. Sometimes, you may feel that a particular card is not of much use to you, or you may realise that you are holding

 
Thiruvananthapuram: He is a mechanical engineering graduate of the College of Engineering Thi­r­uv­ananthapuram who switched to animation as a career choice, in the process giving up a job with Acc

Finance minister P. Chidambaram today said public sector banks plan to hire 50,000 persons and open 10,000 branches in the current fiscal.

New Delhi: Concerned over rising bad loans, Finance Minister P Chidambaram on Wednesday asked banks to focus on top defaulters and take action against them.
"You focus on the top defaulters, as well

Mumbai: Erasing all its early gains, the rupee on Tuesday fell by four paise in the late morning trade due to fresh dollar demand from banks and importers on the back of firm global cues.
The rupee

New Delhi: Leading private sector lenders are in top gear when it comes to expanding their headcount and just five of them, including ICICI Bank and HDFC Bank, added more than 15,000 employees to the