Select NBFCs rise on hopes of bagging banking licence

The board approved a proposal to seek licence from the Reserve Bank of India for setting up a bank. email this article Subject line: Your Email: Send me a copy: Recipients Id: Type address separated by commas Enter the characters shown in the image.

The BSE Sensex dropped over 130 points, while the broader Nifty came close to breaching the 5,800 mark in the closing hour on Tuesday. Global markets were nervous on account of uncertainty about the future of the U.S. monetary stimulus programme. ...

In a chat with ET, Ajay Srivastava, CEO, Dimensions Consulting, shares his views on banking space. ET Now: What about banks, is there anything that you like there? Ajay Srivastava: Banks have disappointed and that is the amazing story what ...

Karun Chandhok is banking on his past experience at 24 Hours of Le Mans for a top five finish in the world's oldest sports car race, starting this weekend at the Circuit de la Sarthe. Chandhok will be competing in the LMP2 category for Murphy Prototypes, an ...

The RPG Group of companies became the latest victim of online banking fraud when cyber criminals hacked into the firm's Mumbai-based current account and siphoned off Rs 2.41 crore in three hours on May 11. The first of the 13 money transfers to accounts ...

It has been a volatile start to the new trading week, with the market swinging from steep losses early on to solid gains by the session's close. Stocks fell almost 1 per cent in the first hour of trading, but a turnaround in the banking sector at ...

In order to ensure fair practices in banking services, the Reserve Bank has asked banks to levy cheque return charges only if the customers are at fault.RBI said those cheques required to be re-presented without any recourse to the payee should be made in the immediate next presentation clearing not later than 24 hours with due notification to the customers through SMS alert, email etc."...recently, instances have been brought to our notice where banks are levying cheque return charges even in ...

Public sector Indian Bank has extended the banking hours of its designated branches till midnight on March 31.

By Accommodation Times News ServicesExtension of Banking Hours on Saturday, 30th March, 2013 and Opening of All Agency Banks Collecting Direct Taxes on Friday, 29th March and on Sunday, 31st March, 2013In view of the ensuing holidays in several parts of the ...