Thursday, May 6, 2021
American Express

American Express, Diners Club Not To Add New Customers, Says RBI

RBI restricts the Card Companies American Express Banking Corp and Diners Club International Ltd from onboarding new credit Card Customers from May 1. It...

Rekha M Menon Becomes The First Woman To Take On The Role Of Chairperson...

Rekha M Menon, Accenture India head, has succeeded UB Pravin Rao, Chief Operating Officer, Infosys, to serve as the chairman of NASSCOM for the...

Bank Branches To Offer Only Basic Services With Reduced Staff And Business Hours

In the wake of Coronavirus, the Indian’s Bank Association on Wednesday took the decision to shorten branch hours and reduce bank staff by 50%...

TATA Importing 24 Cryogenic Containers To Facilitate Oxygen Availability

Amidst the country struggling to provide its citizens, down with the covd-19 infection,  the Tata Group has come out for support. It is importing...

Former RBI governor Maidavolu Narasimham No More!

The prime mover of modern Indian banking, former Reserve Bank of India (RBI) governor Maidavolu Narasimham, 94, took his last breath in Hyderabad on...

Citibank Exit From India Is Due To Local Competition

Over the years, Citibank has been facing competition from the Indian national players. The bank has gradually lost market share. Citi’s share in the retail...
BSE Stock Market

Will Stock Market Be Volatile Amidst Covid-19 Rising Cases?

Last week the stock market remained volatile, filled with uncertainty. On 12th April, news broke out that Investors' wealth, fell heavily over Rs 8.77...

Citigroup To Exit Its Operations From India, 12 Other Retail Markets

On Thursday, Announcing its first-quarter results, Citigroup said it is shuttering down its retail banking operations in 13 countries across Asia, including India, and...
Flipkart Cleartrip

E-Commerce Company Flipkart To Acquire Travel Firm Cleartrip

Flipkart on Thursday announced that it will be acquiring Cleartrip, an online travel technology company. The e-commerce company announced that there will be the...

HDFC Bank To Raise ₹50,000 Cr Through Bonds

On Wednesday, India’s leading private sector lender HDFC Bank said it plans to raise ₹50,000 crores through private placement mode of debt instruments over...