Here we provide Current Affairs articles on Bank & Indian Banking system. We collect and compose latest articles related to bank and finance system.
Oracle is broadening availability of its Oracle Financial Services Anti-Money Laundering solution for smaller banks, the company said. Oracle Financial Solutions announced the launch of its AML Express Edition for small and medium-sized financial institutions, connecting these banks with a streamlined platform for money laundering and terrorist funding detection, investigation and reporting solutions. As Oracle […]
Cash deposits in Canara Bank accounts of up to Rs. 50,000 are free for 3 transactions in a month, and then there will be a service charge of ₹1 per thousand, with a minimum of ₹50 and a maximum of ₹5,000-plus GST. This will be effective from July 1. The bank, however, gives five free
Canara Bank decided to grant only three free cash deposits of up to Rs 50,000 Read More »
Private sector lender IndusInd Bank and Bharat Financial Inclusion Ltd (BFIL) announced their merger which will be effective from July 4. The National Company Law Tribunal on June 10, 2019 approved the Scheme of Arrangement among BFIL, IndusInd Bank and Induslnd Financial Inclusion and their respective shareholders and creditors. BFIL’s current CEO MR Rao will
IndusInd Bank to merge with Bharat Financial Inclusion on July 4 Read More »
Competition Commission of India (CCI) approved the merger of the Indiabulls Housing Finance and Lakshmi Vilas Bank. Lakshmi Vilas Bank is going to merge with Indiabulls Housing Finance . A share swap deal with intent to create a combined entity with a larger capital base and wider geographical reach. After the merger, Indiabulls Housing Finance
CCI approves Indiabulls Housing Finance and Lakshmi Vilas Bank merger Read More »
National Health Authority (NHA) and ICICI Foundation for Inclusive Growth signed a Memorandum Understanding (MoU) to train 15,000 state and district personnel. They are trained for Pradhan Mantri Arogya Mitra scheme. They are to provide the delivery of health services under Ayushman Bharat Scheme for a period of one year. The main aim is to
