India Banking News

Pre-built, Banking-BI solution to enable Regulatory Reporting, Analytics and Customer Intelligence

The Best Call Centre Project Award is awarded to Citibank & Servion for having effectively managed and administered centrally an IVR technology framework that gave Citibank customers a consistent customer experience across multiple Asian countries

3rd Annual India Leadership Conclave & Business Leadership Awards 2012 felicitate top 30 Achievers & saw the largest gatherings of Industry Leaders.

Indonesia's largest bank, Bank Mandiri onboards Bina Indonusa System and Banking Business Intelligence specialist iCreate for Strategic Analytics Consulting

Banking Business Intelligence’ company, iCreate Software, will be exhibiting at MEFTEC, the Middle East’s premier Financial Technology exposition/ conference scheduled to be held in Dubai on the 25th and 26th of April.

3rd Annual India Leadership Conclave 2012 will select India’s Most Valuable Company on “Corporate Governance, Ethical Practice & Sustainability Vision” Award

The Automall brings the country’s first single-window destination for trade of pre-owned trucks to the city. Mr. U.G. Revankar, Deputy Managing Director, Shriram Transport Finance Company Ltd, inaugurated Shriram Automall in Pathankot today.

Bank of Baroda, SBI, Punjab National Bank, Allahabad Bank are nominees while Yes Bank, Karnataka Bank, ICICI Bank & ING Vysya Bank compete to win the coveted title at Indian Affairs Business Leadership Awards 2012

India Infoline, Bonanza Portfolio, Karvy Group & Angel Broking are in the race to the coveted Award at 3rd Annual India Leadership Conclave & Awards 2012

G.R.K.Reddy of Marg Group, Nirmal Jain of India Infoline, Dr Kannan Vishwanath of Aanjaneya Lifecare & Google India Chief Rajan Anandan are the contenders for the Business Leader of The Year Award

Executing a successful Automated Data Flow strategy requires addressing certain key factors, including Data, Process, Technology and People.

Organized jointly by Indian Banks’ Association and SP Media, publisher of India Banking Review, this is the country’s flagship conference for policy level debate on issues related to risk management and regulatory compliance in banking.

M.D. Mallya , Gopinath , Sushil Karwa , Ajit Joshi , Dr Kannan Vishwanathan , Vijay Kalantri , Paritosh Joshi , Shailendra Singh , Dr BR Jagashetty,,François Licoppe ,Naveen Surya & Ashish Agarwal are among those to address at Conclave 2012

Ujjivan, one of India’s leading urban poor-focused microfinance institutions, raised USD 25.5 Million equity funding. Two new FIIs, FMO (Netherlands Development Finance Company) and Wolfensohn Capital Partners, and existing investors participated.

Godrej Properties Ltd, the real estate development arm of the Godrej Group and ICICI Bank, India‟s largest private sector bank, signed a Memorandum of Understanding (MOU) on extending their projects and financial services to customers in

OCTAVE is one of the most widely acclaimed and internationally accepted methodologies for risk assessment in information security management.

Strategic partnership with Banking BI specialist to augment BFSI & BI delivery capabilities

Pre-built, Comprehensive RBI ADF Regulatory Reporting/Compliance Solution To Enable Straight-Through Processing

Pre-built, comprehensive Regulatory Reporting / Compliance Solution to enable straight-through processing

ISO 27001 (ISO/IEC 27001) is a global security standard that sets out requirements for an Information Security Management System.

Pre-built, Banking-BI solution to enable Regulatory Reporting, Analytics and Customer Intelligence

There is no single fund or scheme that can be described as best. NO fund or scheme fits into all the criteria for all investors. If there was a case then why would mutual funds companies launch 100’s of schemes?

The Best Call Centre Project Award is awarded to Citibank & Servion for having effectively managed and administered centrally an IVR technology framework that gave Citibank customers a consistent customer experience across multiple Asian countries

3rd Annual India Leadership Conclave & Business Leadership Awards 2012 felicitate top 30 Achievers & saw the largest gatherings of Industry Leaders.

Indonesia's largest bank, Bank Mandiri onboards Bina Indonusa System and Banking Business Intelligence specialist iCreate for Strategic Analytics Consulting

Banking Business Intelligence’ company, iCreate Software, will be exhibiting at MEFTEC, the Middle East’s premier Financial Technology exposition/ conference scheduled to be held in Dubai on the 25th and 26th of April.

3rd Annual India Leadership Conclave 2012 will select India’s Most Valuable Company on “Corporate Governance, Ethical Practice & Sustainability Vision” Award

The Automall brings the country’s first single-window destination for trade of pre-owned trucks to the city. Mr. U.G. Revankar, Deputy Managing Director, Shriram Transport Finance Company Ltd, inaugurated Shriram Automall in Pathankot today.

Bank of Baroda, SBI, Punjab National Bank, Allahabad Bank are nominees while Yes Bank, Karnataka Bank, ICICI Bank & ING Vysya Bank compete to win the coveted title at Indian Affairs Business Leadership Awards 2012

Actian Corporation today announced it has signed a partnership agreement with Banking BI specialist iCreate software, to jointly deliver superior analytical capability to the global banking industry.

HirenBhanu Vice Chairman opens a new Branch of the Bank in Surat. The Bank now has two branches in Surat. This isa strategic part of the continued expansion of the bank in this area.

India Infoline, Bonanza Portfolio, Karvy Group & Angel Broking are in the race to the coveted Award at 3rd Annual India Leadership Conclave & Awards 2012

G.R.K.Reddy of Marg Group, Nirmal Jain of India Infoline, Dr Kannan Vishwanath of Aanjaneya Lifecare & Google India Chief Rajan Anandan are the contenders for the Business Leader of The Year Award

Executing a successful Automated Data Flow strategy requires addressing certain key factors, including Data, Process, Technology and People.

Poor credit score or history is a general problem that can weaken your finances. It may happen during the early employment days when individuals borrow to buy vehicles or take personal loans to meet their rising credit card bills.

Organized jointly by Indian Banks’ Association and SP Media, publisher of India Banking Review, this is the country’s flagship conference for policy level debate on issues related to risk management and regulatory compliance in banking.

A new way of spending - The Executive Plus from New India Bank

Live Webinar: Accelerating Automated Data Flow to RBI: Achieving the 31 March Deadline. Friday, 24 February, 11:30 am IST. Duration: 60 minutes including Q&A.

M.D. Mallya , Gopinath , Sushil Karwa , Ajit Joshi , Dr Kannan Vishwanathan , Vijay Kalantri , Paritosh Joshi , Shailendra Singh , Dr BR Jagashetty,,François Licoppe ,Naveen Surya & Ashish Agarwal are among those to address at Conclave 2012

Marketers and market-makers in the financial services industry have for years salivated at the great Indian opportunity for growing the credit cards market.

Credit-card issuers are increasingly turning into financial counsellors. Come January quarter, SBI Cards, a standalone credit-card company co-promoted by India's largest state-owned bank, plans to launch ‘customised statements'

G.R.K.Reddy of Marg Group, Nirmal Jain of IIFL, Dr Kannan Vishwanath of Aanjaneya Lifecare , Rajan Anandan ,of Google India are in the race for coveted Business Leader of the Year 2012

The banking sector, reeling under a rise in non-performing assets (NPAs) from the corporate sector, is seeking to hedge loans to individual borrowers. Increasingly, borrowers are being asked to buy insurance policies to cover their loans.

This may soon be true for postpaid connection users. The next time you delay or not pay your phone bill you may have to deal with more than just a call from your service provider reminding you about the dues.

Ujjivan, one of India’s leading urban poor-focused microfinance institutions, raised USD 25.5 Million equity funding. Two new FIIs, FMO (Netherlands Development Finance Company) and Wolfensohn Capital Partners, and existing investors participated.

The Coimbatore realty market's growth momentum is next only to that of Chennai and Hyderabad in the South, and ahead of other tier-two cities in the region, according to a senior executive of HDFC Ltd, the market leader in home loan lending.

RBI, has slashed the cash reserve ratio (CRR or a portion of deposits banks have to keep with the RBI) by 0.5 per cent to 5.5 per cent, signaling the reversal of the rate hike cycle after nearly two years, and to give a push to growth.

HDFC Bank, the second-biggest private lender, reported a 31% jump in quarterly earnings aided by profits from treasury operations and higher lending for automobile purchases and personal loans.

Netscribes (India) Pvt. Ltd. launches Life Insurance Market in China 2012 report covering a market with strong growth potential. The report is part of Netscribes’ Financial Services Industry Series.

LIC housing finance loans schemes features initiated by the LIC have a lot of benefits as well as the advantages to the loan borrowers. It is suitable loan scheme for low and middle class people of India to have their own home,

NRIs too can avail home loans for purchase of residential properties. NRI’s can purchase a house and even take a loan for self-construction on a plot and also for renovation/improvement of an existing residential property in India.

what the central bank might do to rates shortly, and pat comes his considered response about repo rates. And about what the BoI will likely do in response. In an interview, he holds forth on the bank’s future plans and the path ahead

SBI has cut processing fees on home loans by half, a move expected at acquire a bigger tart in the home loan market and giving competition to private banks and housing finance companies.

Sen said he expected India's central bank to announce "some policy measures" in coming months that would help boost economic growth and kick-start demand for cars. "The current quarter and the next fiscal year should be better," SIAM senior

HDFC has extended its special home loan scheme till January 31 on Monday. The extension comes as demand for home loans remains declining in spite of the discounts and festival season offering given out by various lenders over the past few months.

The Institute of Chartered Accountants of India have adjudged Shriram Transport Finance Corporation Ltd. as the winner under the Category V-Financial Services Sector (other than Banking and Insurance) of the ‘ICAI Awards for Financial Reporting’.

State Bank of India has cancelled a proposed merchant acquiring business joint venture with US-based Elavon Incorporation and Visa International.

Year-end discounts saw car sales end 2011 on a modest note as most of the companies, except for market leader Maruti Suzuki, saw numbers go up in December.

Cars makers offered healthy discounts on passenger cars ranging from Rs. 60,000 to Rs. 70,000 in the last month of 2011 to pull maximum buyers.

There were days when one used to buy a home only with your savings.In these days most homes are bought with the help of Housing loans. Banks whether they are public sector or private sector, do lend in this segment.

In year 2011, RBI kept increasing rates till Nov and just by the year end, they gave signals that rates may come down. So in year 2012, here is what we expect in the loans market.

Festive offers on loans are continue for the next couple of months. PSU banks offering housing and auto loans at discounted rates under their festival campaigns that began in September, have decided to extend the discounts beyond December 31.

EastWest Bank, one of the fastest-growing banks in the country today, announced the selection of iCreate's BI and Analytics solution - Biz$core, as the main platform to manage its dynamic and evolving information needs.

Lending by Indian banks to the housing sector increased by 14% to Rs369,900 crore at the end of October 2011 from Rs324,748 crore at the end of 2010. It had risen by 12% in October 2010 over the previous year, according to data from the RBI.

Acquiring a personal loan is intended for financing is intended for financing and managing a person’s financial needs. For taking finance, a person may apply for a loan or a credit card to purchase shares or any asset like home, vehicle etc.

The government has quadrupled the limits on loans that a bank's internal committee can approve, a move that could quicken credit clearance at 26 state-run banks, including the Bank of Baroda and PNB.

Pledging gold has traditionally been glower upon. Only those in terrible need would go to the moneylender or the local jeweller, get stiff terms for the loan, and yet have no other choice but to settle for it. Socially, vow gold signified

Drug firm Taj Pharmaceuticals Group India today announced tentative approval for Nitroglycerin, USP Tablets Oral tablets: 0.3 mg, 0.4 mg, 0.6 mg from US Food and Drug Administration

Barclays Finance India, plans to close the majority of its branches here, as part of the lender's plan to scale down retail operations in the country. The number of branches would be reduced to a 'single digit' from around the current 30.

Floating rate home loans, which did not reflect market rates when they fell, would now become more faithful to their name. With all major lenders discontinuing prepayment charges on floating rate loans, including those refinance