News on : banks

Banks move to Base Rate Regime from today : EMI will not change

Starting July 1, all banks in India will be moving to a “base rate” regime.

NRIs deposit $513 million in Indian banks

According to the latest data released through the Reserve Bank of India’s (RBI) monthly bulletin, Non-Resident Indians (NRI) deposited a

Sensex settles above 10,000 mark

Stock markets rose for the fifth day in a row on Tuesday with the Sensex gaining over 2000 points. The

Bourses dip as oil prices go up

Equities gave away most of overnight gains on Thursday to end lower as investors resorted to profit booking after oil

Sensex continues its downward slide

The 30-share benchmark, Sensex, closed at 14,106.58 having lost 186.74 points, after touching a low of 13,991.31

Mobile phones may replace ATM cards

The idea of card-less ATM is a bit of a radical thought. However, in the near future, the multitasking mobile

RBI steps in to control inflation

Inflation has soared to 8.75 per cent for the week ended May 31. It is set to cross the 9