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RBI to ease norms for online deals of small value

RBI to ease norms for online deals of small value

19 Dec 2014

Mumbai: Reserve Bank deputy Governor H R Khan on Friday said the central bank is in the process of formulating some guidelines which will allow customers to do small value transactions without the second factor authentication.

Reserve Bank of India,   RBI,   Online deals,   HR Khan,   Mobile Banking,   Uber,  
Pakistan cricketers to visit terror-hit Army School in Peshawar

Pakistan cricketers to visit terror-hit Army School in Peshawar

19 Dec 2014

Karachi: Left dismayed by the terror strike in Peshawar which left 132 children dead, Pakistan's cricket team is planning to visit the attacked Army school and pay its tributes.

Terror strike,   Peshawar,   Pakistan cricket team,   Army school,   Shahid Afridi,   Javed Afridi,   ODI series,   New Zealand,  
MoU on <strong>bank</strong> finance to BPL persons signed

MoU on bank finance to BPL persons signed

19 Dec 2014

Itanagar: Arunachal Pradesh State Cooperative Apex Bank has inked an MoU with National Scheduled Tribe Finance & Development Corporation (NSTFDC) for bank finance to ST unemployed BPL persons of the state under various activities like establishment of dairy and goatery.

MoU,   BPL persons signed,   bank finance,   NSTFDC,   dairy and goatery,  
Panel to interview 35 candidates for Executive Director post in PSBs

Panel to interview 35 candidates for Executive Director post in PSBs

19 Dec 2014

New Delhi: A government-appointed selection panel would interview 35 general managers to fill vacancies of 14 Executive Directors in various public sector banks.

Government,   Selection panel,   Interview,   General managers,   Bank vacancies,   Executive Directors,   Public sector banks,  
Monetary policy lost credibility between 2007 & 13 : Government Report

Monetary policy lost credibility between 2007 & 13 : Government Report

19 Dec 2014

New Delhi: In a scathing criticism of the RBI, covering the tenure of previous two governors, the mid-year economic analysis on Friday said that monetary policy lost its credibility between 2007 and 2013.

Monetary Policy,   Reserve Bank of India,   RBI,   Governor of RBI,   Raghuram Rajan,   Urjit Patel Committee,  
Myanmar joins Asean infrastructure fund

Myanmar joins Asean infrastructure fund

19 Dec 2014

Yangon: Myanmar has become a full member of the Asean Infrastructure Fund (AIF), joining other countries and the Asian Development Bank (ADB), a senior official said on Friday.

Myanmar,   Asean infrastructure fund,   Asian Development Bank,  
Tihar jail security beefed up over terror attacks

Tihar jail security beefed up over terror attacks

19 Dec 2014

New Delhi: Security of Tihar jail has been beefed up after intelligence inputs were received that the high profile prison may be targeted by terror outfits to free jailed terrorists.

Tihar jail,   jailed terrorists,   terror outfits,   high-security prison,   LeT strike,   terrorist attacks,  
Swiss central <strong>bank</strong> introduces negative interest rate

Swiss central bank introduces negative interest rate

18 Dec 2014

Zurich: Switzerland's central bank on Thursday announced it was introducing negative interest rates, in a bid to stop the Swiss franc -- a safe haven currency -– from gaining further value.

Swiss central bank,   Swiss bank negative interest rate,   Switzerland central bank,   Swiss National Bank,   Swiss franc,   SNB,  
 Odisha aims to open <strong>bank</strong> accounts of all households by 25 January

Odisha aims to open bank accounts of all households by 25 January

18 Dec 2014

Bhubaneswar: Odisha has set a target of opening bank accounts of all households in the state by January 25, 2015. Odisha Chief Secretary G C Pati reviewed the financial inclusion programme yesterday and said banks and different departments need to complete household survey at village level by December 24, 2014.

Odisha,   open bank accounts,   households,   25 January,   business,   banks,   banking,  
SBI approves OTS for mining-affected borrowers in Goa

SBI approves OTS for mining-affected borrowers in Goa

18 Dec 2014

Panaji: State Bank of India has approved the one-time settlement (OTS) scheme for its borrowers from the beleaguered mining industry in Goa. This is expected to pave way for other financial institutions to settle the long-pending bad debt of those who are in a lurch due to the halting of mining in the state.

State Bank of India,   one-time settlement (OTS),   mining industry,   Goa,   Economic Development Corporation (EDC),   Lokmanya Cooperative Society,   Syndicate Bank,   Bank of India,   IndusInd Bank,   Canara Bank,   ,  

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