NEW DELHI: In a significant move to enhance customer experience and protect citizens, the Lok Sabha on Wednesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees in their accounts.

PATNA: Union Finance Minister Nirmala Sitharaman arrived in Patna on Friday for a two-day visit with the aim to focus on boosting rural banking, entrepreneurship, and financial inclusion in the eastern region.

NEW DELHI: After repeated adjournments and protests since the beginning of the session on November 25, both Houses of Parliament will meet on Friday.

MUMBAI: The Indian benchmark indices closed in green on Monday with a strong start for the week, as buying was seen in realty, banking, and IT stocks.

MUMBAI:Selling pressure in banking, oil and gas and metal stocks pulled the key Indian equity indices lower in early hours of market opening on Tuesday.Around 12.25 Sensex was trading at 52,575 lower by 160 points, down from its previous close of 52,735.59.

NEW DELHI/ALAPPUZHA : The Congress is ushering in a generational change in Kerala by fielding more new and young faces in the Assembly elections in the southern state scheduled to be held on April 6.

MUMBAI: The key Indian equity indices opened on a positive note on Tuesday.

MUMBAI: The key Indian equity indices continued to rise on Wednesday morning with the BSE Sensex rising over 400 points.
Sensex surged around 479 points to touch an intraday high of 50,776.48 points.

NEW DELHI: Heavy selling pressure in banking, auto and pharma sectors pulled India's benchmark equity indices lower for the fourth consecutive session on Friday.Besides, subdued global cues as well as absence of any major positive trigger dented the indices.

MUMBAI: Profit booking dragged India's benchmark equity indices mildly lower for the second consecutive session on Wednesday.However, positive global cues and healthy FII inflows arrested any major downfall.

MUMBAI: India's benchmark equity indices ended higher for the sixth consecutive session on Monday, as robust global cues and fresh influx of foreign funds buoyed investor sentiments.

MUMBAI: Improving economic scenario along with healthy buying in banking sector stocks pushed India's key equity indices higher on Tuesday.
Accordingly, the improving economic scenario as well as a small intra-day correction pulled in fresh foreign funds.

LUCKNOW:Uttar Pradesh chief minister Adityanath has asked the rural development and panchayati raj departments to go ahead with the training of 58,000 women banking correspondent (BC) Sakhis before they begin their job.

NEW DELHI:To ensure that entities seeking private banks licence remained adequately capitalised to meet any eventuality, a Reserve Bank of India internal committee has recommended nearly doubling of the initial capital and net worth requirements to be eligible for getting a banking licence.

MUMBAI:The Indian stock market recovered from the initial decline on Tuesday morning to trade in the green with the BSE Sensex trading over 150 points higher.

MUMBAI: The key Indian equity indices gained on Wednesday morning with the BSE Sensex trading above 40,900 mark.

JAIPUR: Rajasthan Chief Minister Ashok Gehlot wrote a letter to Prime Minister Narendra Modi mentioning that the amendments made in the provisions of the Banking Regulation (BR) Act will adversely affect the basic spirit of the Cooperative Banks and the Cooperative movement in the states. He requested the PM to reconsider the said amendments and restore the earlier system.

NEW DELHI:The new Banking Regulation (Amendment) Bill, 2020, introduced by the government on the first day of the Parliament's Monsoon Session, provides the Reserve Bank of India (RBI) powers to restructure cooperative banks.

NEW DELHI:India's banking sector woes have impacted investments and growth, Chief Economic Adviser (CEA) Krishnamurthy V Subramanian said on Wednesday.
Speaking at the Ficci's 17th Annual Capital Market Conference 'CAPAM2020', he said the sector faced two problems of "scale and quality".

MUMBAI:The key Indian equity indices surged on Monday morning with the Nifty50 on the National Stock Exchange (NSE) rising above the 11,000-mark.
Healthy buying activity was witnessed in the banking and finance stocks. Both the S&P BSE Banking and Finance indices surged over 2 per cent.

MUMBAI/SINGAPORE:Ratings agency Fitch Ratings on Wednesday said that India's banking sector is expected to face capital shortfalls due to coronavirus pandemic-related disruption.

NEW DELHI:The Jindal Global Business School and Jindal School of Banking & Finance of O.P. Jindal Global University (JGU) in Sonipat, Haryana has announced the launch of an MBA degree in Digital Finance and Banking (DFB) delivered in a blended learning mode in partnership with ed-tech company upGrad.

NEW DELHI: WhatsApp Pay is on the cards for its over 400 millions users in India but before it becomes a mainstream mode of payment and mobile-based ecommerce, banks in India are already leveraging the app in helping digitally-inactive customers adopt WhatsApp as their first digital banking channel in the social distancing times.

MUMBAI:The Indian equity markets surged on Wednesday after a choppy initial trade with the BSE Sensex closing 995 points higher at 31,605.22 on the back of healthy buying in banking and finance stocks.
The Nifty50 rose 285.90 points or 3.17 per cent to close at 9,314.95.

PATIALA:Govt failed to do a single good for farmers
The Shiromani Akali Dal General Secretary and Former Minister Mr. Bikram Singh Majithia said today that ‘performance’ of Amarinder Singh led Congress government has earned  top ranking for Punjab in corruption and people are forced to pay bribes to get their work done.

MALOUT: Dr. Rajinder Kumar Uppal, a prolific writer, an outstanding academician and the more ingenious guide has been selected for Amity Excellence Award for Best Academic Author in the area of Banking to Professor Uppal.