IOB in pact with Magicbricks to e-auction over 500 properties in 14 cities

Indian Overseas Bank (IOB) has signed an agreement with Magicbricks for the e-auction of over 500 properties in 14 cities.

India Post launches mobile banking facility for savings accounts

The Department of Post launched the mobile banking facility for all post office savings account holders of the CBS (core banking solutions) post office.

Government e-Marketplace (GeM) signed a Memorandum of Understanding (MoU) with Union Bank of India; Total buys 37.4 per cent stake in Adani Gas

Government e-Marketplace (GeM) signed a Memorandum of Understanding (MoU) with Union Bank of India to facilitate a cashless, paperless and transparent payment system for an array of service...

SBI becomes first Indian bank to have office in Australia's Victoria

The State Bank of India becomes the first bank to have a branch in Australian state of Victoria. 

Value of Indian brands rises 6 per cent to US$ 228.2 billion: BrandZ

The total value of the top 75 Indian brands increased to US$ 228.2 billion, growing at 6 per cent over 2018.​

HDFC Bank, IOC launch co-branded fuel credit card for users from non-metro cities

HDFC Bank in partnership with Indian Oil to launch a co-branded fuel card for users from non-metro cities and towns.

ICICI Bank to set up 450 new branches this fiscal

ICICI Bank to expand its retail network by adding 450 new branches this financial year. Of these, the bank has made 320 branches operational for customers and in the process, it has crossed the mil...

RBI tightens norms for banks, up penalties for failed ATM transactions

The Reserve Bank of India has prescribed a turnaround time (TAT) for banks to settle failed transactions for customers and notified compensations payable for various types of customer complaints.