Kerala became first state with bank accounts for all families.
Federal Bank bagged CNBC TV18 Financial Inclusion Award.
ICICI Bank customer can recharge Delhi Metro cards with SMS.
Yes bank has recently launched 'Saaf suthra Bharat' campaign in Sri Nagar. The bank successfully launched this campaign contributing to the Swachch bharat abhiyan.
Axis Bank launches ''smart selfservice terminal'' that enables the customers to deposit as well as withdraw cash from the same machine.
Private sector Indus Ind Bank has launched video-branch, claiming to be a first-of-its-kind service; enabling customers interact with the staff of the bank through video conference facility.
ICICI bank has launched a new mobile named iMobile app for its windows phone customers.
The Reserve Bank of India has cancelled the certificate of registration of NBFCs (Siber Financial Services Private Limited, Sri Vishnu Finance & Investment Private Limited, Margdarsi Investment
and Leasing Company Private Limited.) for carrying on the business of non-banking financial institution.
CSR was made 2% compulsory through Companies Act 2013. RBI further simplifies KYC Norms regarding bank accounts as "One Documentary Proof of
Address is enough to open bank account".
Domestic banks will need US $200 billion additional capital over the next five years to meet Basel
- III norms for capital adequacy and the demand for funds as growth picks up, Fitch Ratings.
State bank of India has tied up with Bangalore-based mobile payments service provider Ezetap Mobile Solutions Pvt. Ltd. in association with Ezetap the bank has planned to roll out "ATM cum POS terminals".
Kotak Mahindra bank has introduced ''Kaypay payment system''. This allows the face book users to send money to each other.
Insurance Regulatory and Development Authority (IRDA) aligned it's corporate governance
and disclosure norms in accordance with the new Companies Act, 2013, through a 12-member
committee.
Non-Scheduled UCBs are permitted to "Internet Banking (View Only) Facility" for Customers.
Bank of India got approval to open branch in Vietnam.
As per the new guidelines of the Reserve Bank of India (RBI), banks in six metros - New Delhi,
Mumbai, Chennai, Kolkata, Hyderabad and Bangalore - are free to charge other bank customers
beyond 3 ATM transactions per month. Banks have also been allowed to restrict free
transactions to 5 for customers at it's own ATM network.
HDFC became first listed Indian company to have 75% shareholding by FIIs.
S&P (Standard and Poor) downgraded credit rating of Indian Overseas Bank to speculative grade.
FDI limits allowed - Public Sector Banks: 20%. Private Sector Banks: 74%.
Kotak Mahindra bank to acquire ING Vysya Bank.
RBI allows FIIs to buy equity in Yes Bank.
Exim Bank to set up Rs. 1,500 crore funds to assist ship-building industry. To give a boost to ship building in the country, the Export-Import Bank of India (Exim Bank) is planning to set PMJDY scheme, was announced in Modi's first Independence Day speech on 15 August 2014.
Federal Bank bagged CNBC TV18 Financial Inclusion Award.
ICICI Bank customer can recharge Delhi Metro cards with SMS.
Yes bank has recently launched 'Saaf suthra Bharat' campaign in Sri Nagar. The bank successfully launched this campaign contributing to the Swachch bharat abhiyan.
Axis Bank launches ''smart selfservice terminal'' that enables the customers to deposit as well as withdraw cash from the same machine.
Private sector Indus Ind Bank has launched video-branch, claiming to be a first-of-its-kind service; enabling customers interact with the staff of the bank through video conference facility.
ICICI bank has launched a new mobile named iMobile app for its windows phone customers.
The Reserve Bank of India has cancelled the certificate of registration of NBFCs (Siber Financial Services Private Limited, Sri Vishnu Finance & Investment Private Limited, Margdarsi Investment
and Leasing Company Private Limited.) for carrying on the business of non-banking financial institution.
CSR was made 2% compulsory through Companies Act 2013. RBI further simplifies KYC Norms regarding bank accounts as "One Documentary Proof of
Address is enough to open bank account".
Domestic banks will need US $200 billion additional capital over the next five years to meet Basel
- III norms for capital adequacy and the demand for funds as growth picks up, Fitch Ratings.
State bank of India has tied up with Bangalore-based mobile payments service provider Ezetap Mobile Solutions Pvt. Ltd. in association with Ezetap the bank has planned to roll out "ATM cum POS terminals".
Kotak Mahindra bank has introduced ''Kaypay payment system''. This allows the face book users to send money to each other.
Insurance Regulatory and Development Authority (IRDA) aligned it's corporate governance
and disclosure norms in accordance with the new Companies Act, 2013, through a 12-member
committee.
Non-Scheduled UCBs are permitted to "Internet Banking (View Only) Facility" for Customers.
Bank of India got approval to open branch in Vietnam.
As per the new guidelines of the Reserve Bank of India (RBI), banks in six metros - New Delhi,
Mumbai, Chennai, Kolkata, Hyderabad and Bangalore - are free to charge other bank customers
beyond 3 ATM transactions per month. Banks have also been allowed to restrict free
transactions to 5 for customers at it's own ATM network.
HDFC became first listed Indian company to have 75% shareholding by FIIs.
S&P (Standard and Poor) downgraded credit rating of Indian Overseas Bank to speculative grade.
FDI limits allowed - Public Sector Banks: 20%. Private Sector Banks: 74%.
Kotak Mahindra bank to acquire ING Vysya Bank.
RBI allows FIIs to buy equity in Yes Bank.
Exim Bank to set up Rs. 1,500 crore funds to assist ship-building industry. To give a boost to ship building in the country, the Export-Import Bank of India (Exim Bank) is planning to set PMJDY scheme, was announced in Modi's first Independence Day speech on 15 August 2014.
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