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Equity indices open in green, Sensex up 160 points

The key Indian equity indices opened on a positive note on Monday due to buying activity in banking, FMCG and oil and gas stocks.At 9.35 a.m., the Sensex traded at 39,878.35, higher by 164.15 points or 0.41 per cent higher from the previous close of 39,714.20 points. It had opened at 39,806.86 and has so

Banking services hit as BSNL system goes out of order

Banking services hit as BSNL system goes out of order

Banking services hit as BSNL system goes out of order Ferozepur: The banking service was badly hit when BSNL service went out of order in Ferozepur on Wednesday. The general public had to suffer in view of the snapping of internet services of the company. The banking operation of Union Bank of India Ferozepur branch

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Yes Bank to appoint Debjani Ghosh as ind director

Mid-sized private sector lender Yes Bank today announced the appointment of computer hardware company Intel’s executive Debjani Ghosh as an additional director on its board.Ghosh’s appointment as a non-executive director will be considered by the shareholders at the bank’s forthcoming annual general meeting on June 6, a bank statement said. She has been associated with

Banking services will go digital: SBI

New Delhi: Crediting demonetisation for the biggest push towards digital banking, SBI on Monday said it envisions the entire range of banking services going digital over the next few years. “Demonetisation is the biggest push. The biggest beneficiary is digital banking,” State Bank of India MD Rajnish Kumar said at the two-day Inclusive Finance India

BSNL waives charges on USSD messages for banking till Jan 31

New Delhi: State-owned Bharat Sanchar NigamLtd (BSNL) has decided to waive charges on short code messages used for availing banking services on feature phones till January 31, 2017. “To give impetus to the demonetisation drive by Government of India and to facilitate masses to do cashless financial transactions even with feature phone, BSNL has decided

Digital transactions in banking sector going up: SBI

Coimbatore: Point of Sale (PoS) transactions in State Bank of India surged 300 per cent in numbers and 200 per cent by value, indicating that digital transactions have really gone up, SBI chairperson Arundhati Bhattacharya said. “Digital transactions have really gone up in the sense that if you look at my PoS transactions, it is

Nepal’s banking system holds banned Indian currency notes

Kathmandu: Nepal’s banking system has held banned Indian currency (IC) 500 and 1,000 notes worth Rs 35 million ($524,737). “As reported by the banking institutions licensed by us, they have held banned IC notes worth 35 million rupees as of Thursday,” said Narayan Poudel, spokesperson of Nepal Rastra Bank (NRB), adding that the amount could

Strike: Public transport, banking services hit in Assam

Guwahati: Services including banking andpublic transport were hit in Assam due to the nation-wide strike called by ten central trade unions to protest against “anti-labour” policies of the government. All nationalised banks, insurance companies and post offices remained closed while buses remained off the road. In the wake of strike, schools and colleges also remained

Strike by 10 trade unions begins; transport, banking to be hit

New Delhi:  Essential services such as banking and transport are likely to be hit today as 10 central trade unions go on one-day nationwide strike, protesting against “anti-worker” changes in labour laws and the Centre’s “indifference” to their demands for better wages. “The strike is on. We are getting good response. More information will pour

DLSA settles cases of banking matters and recovery suits

Mohali: According to the directions of National Legal Services Authority (NLA) and under the guidance of Justice S S Saron, Judge, Punjab and Haryana High Court-cum-Executive Chairman, Punjab Legal Services Authority, a National Lok Adalat was organised on August 13, by District Legal Services Authority, Mohali under the Chairmanship of Archana Puri. District and Sessions