India's retail inflation based on Consumer Price Index (CPI) continued northward journey...
Chief Economic Advisor (CEA) Krishnamurthy V. Subramanian has said that the Indian...
SRF has entered into a definitive agreement to sell its Engineering Plastics Business to...
NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies,...
United Bank of India has received approval to raise equity capital not exceeding Rs 1,500...
Credit Rating Agency Crisil has downgraded Dewan Housing Finance Corporation's commercial...
21-May2018
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 5 crore on South Indian Bank for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms, Know Your Customer (KYC) norms and treasury function and for deficiencies in compliance function and compliance culture. This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.
South Indian Bank is considered one of the most pro active banks in India with a competent tech savvy team of professional at the core of services.
Crude oil futures ended lower on Monday as steep declines in the US stock market fed an aversion to so-called riskier assets, which include oil. Meanwhile, the US-China trade dispute escalated as China......
Gold futures was trading flat on Monday as growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade war fueled safe-haven demand for the precious......
Jeera futures traded higher on NCDEX on the back of rising physical and export demand at the spot market. However, higher availability of crop this season, capped some gains.The contract for May delivery......
SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......
NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......
United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......