Showing of 0 - 10 from 167 results
Financial services - Total results - 167
Jan 13, 2017
Banks, oil marketing companies to bear card payment charges at petrol pumpsThe government stands by its decision that customers using non-cash digital modes of payments will not have to pay any transaction charge.
Nov 28, 2016
Airtel Payment Bank opens 10,000 plus savings accounts in just two daysAs per RBI norms, payments bank will initially be restricted to holding a maximum balance of Rs 1 lakh per individual customer.
Nov 08, 2016
Centrum launches its maiden Rs 500 cr PE fund; to invest in FMCG, education tech, healthcare sectorsThe fund has a life of 5 years with a 2-year extension and will focus on investing in the Indian consumption growth story
Oct 24, 2016
PE investments hit 9-quarter low at $2.5 bn in July-September on subdued big ticket dealsThe decline in PE activity is due to the reduced investment in the new economy companies in comparison to the previous year when such investments were in full swing
Oct 07, 2016
RBI issues operating guidelines for payment banks, small finance banksSmall Finance Banks will have to follow norms relating to minimum balance, inoperative accounts, nominations, and cheques/drafts.
Oct 03, 2016
Edelweiss announces pact with Candian pension fund for Rs 5,000 crore investmentinancial services firm Edelweiss today announced a long-term partnership with Canada's Caisse de dpt et placement du Qubec (CDPQ), which will include investing Rs 5,000 crore over next four years and acquiring 20 per cent stake in Edelweiss Asset Reconstruction Company.
Sep 29, 2016
Max Life, HDFC Life merger to be completed in next 1 yearEarlier this week, Max India had received shareholders' approval for amalgamation of Max Life Insurance Company with Max Financial Services
Sep 22, 2016
Edelweiss ramps up mutual fund biz, to now acquire Ambit Alpha Fund for undisclosed sumEdelweiss group entity has agreed to acquire Ambit Alpha Fund, a category III Alternate Investment Fund with an AUM of over Rs 1,100 crore
Sep 06, 2016
October rate cut 'alive' if August CPI is at 5%: CitigroupOn the policy stance, the report stated that chances of an October rate cut are "alive" and a 5 per cent August CPI print will open up possibility of a 25 bps rate reduction as the upside risks outlined by RBI to its March 2017 CPI target will be substantially diminished
Aug 18, 2016
Nasscom sees no need to adjust IT revenue forecast for FY17 just yetNasscom's views came close on the heels of RBS cancelling plans to separate and list a new UK standalone bank, Williams & Glyn (W&G), for which Indian IT major Infosys was a key technology partner.