Consumer forum helds ICICI Bank ‘grossly negligent’, directs the bank to return the money along with compensation
At least 13 banks have reduced interest rates by 25 bps, three have cut by 30 bps and one by 5 bps.
The Reserve Bank of Australia sold its 50% holding in Securency
Innovations have made cellphones into a personal banking tool, but there is still some way to go.
Sri Lanka’s central bank says monetary board was of the view that current monetary policy stance is appropriate
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High court asks state to review law in light of proposed national regulations to govern the sector
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Syndicate Bank also revised downward its benchmark prime lending rate to 14.50%
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IntelleGrow provides viability-based debt financing to early-stage enterprises with a turnover of less than Rs50 crore
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Japan’s central bank took the correct step in adopting 2% inflation target, says ADB’s Haruhiko Kuroda
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