MUMBAI, 17th April 2020 (GNI): Reserve Bank of India (RBI) has taken several steps today to discourage banks from sitting on idle cash and instead use them for lending to MSMEs and large industries. Speaking…
MUMBAI, April 15, 2020 (GNI): IndiaFirst Life Insurance Company Ltd (IndiaFirst Life), one of India’s youngest life insurance companies, continues to grow amid novel Covid-19 pandemic. The life Insurance company has reported a 25% growth…
BENGALURU, 6th April 2020 (GNI): Canara Bank, a leading Public Sector Bank, has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans / Advances across all tenors with effect from April 07,…
MUMBAI, 28th March 2020 (GNI): MVIRDC World Trade Center Mumbai welcomes the bold measures taken by Reserve Bank of India (RBI) to infuse liquidity and direct banks to provide 3-month deferment on repayment of loans….
INDIA, March 26, 2020 (GNI): – Syncordis S.A., a leading Temenos banking software specialist and a subsidiary of Larsen & Toubro Infotech Ltd. (LTI) has been selected as the partner for a strategic Temenos T24…
NEW DELHI, 21st March 2020 (GNI): Giving a comprehensive note to the Covid-19 Economic Response Task Force, headed by Finance Minister Mrs Nirmala Sitharaman, the ASSOCHAM has sought a blanket year-long moratorium by banks on…
MUMBAI, 20th March 2020 (GNI): Rajkiran Rai G, Chairman, UBSFT receiving the Donation amount of Rs.25.00 lacs (Rupees Twetny Five lacs only) from Hardeesh Kumar B, Chief Executive, IBPS. Also, present on the occasion are…
MUMBAI, 16th March 2020 (GNI): The listing ceremony of SBI Cards and Payment Services Limited held in Mumbai today at BSE: MUMBAI, 16th March 2020 (GNI): Rajnish Kumar (Chairman, State Bank of India), Dinesh Kumar…
MUMBAI 13th March 2020 (GNI): IndiaFirst Life Insurance, a joint venture of Bank of Baroda and Andhra Bank, has re-appointed RM Vishakha as its Managing Director and Chief Executive Officer. The company made the announcement…
MUMBAI, 09th March 2020 (GNI): Union Bank of India today announced reduction in Marginal Cost of Funds – based Lending rate (MCLR) by 10 basis points across all tenors w.e.f. 11th March 2020 till 31st…