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BANKING & FINANCE Stories

Reliance Money forays into Europe

Reliance Money announced its foray into Europe by setting up operations in Ireland and the UK.

RBI phasing out old Rs 1,000, Rs 500 notes of 1996 series

Reserve Bank is phasing out old currency notes in the denomination of Rs 1,000 and Rs 500 of 1996 series and replacing them with new ones with added security features.

Rising rates could hurt new investment: Kamath

Apex industry chamber CII on Tuesday warned that rising interest rates may hurt new investments.

ICICI Bank to organize SME Expo in Chennai

ICICI Bank will organise a three-day SME-Expo Logistics & Material Handling 2008 from Thursday in Chennai.

HDFC to spread its network to rural market

With the aim of enabling farmers and Self Help Groups, HDFC has chalked out new measures to expand its network to rural areas of the country.

IDBI Bank hikes deposit rates by up to 0.75%

IDBI Bank hiked its interest rates on deposits across various tenures by upto 0.75 per cent with immediate effect.

Exim Bank extends $10 mn LoC to Uzbekistan bank

Exim Bank said that it has extended a Line of Credit (LoC) of USD 10-million to Uzbekistan's National Bank for Foreign Economic Activity.

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