Press release archives - Banking/Financial Services

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Tuesday, 24th Apr 2012

ICSI inaugurates Capital Market Week at BSE, Mumbai

The Institute of Company Secretaries of India (ICSI), today,launched a week long programme - Capital Market Week (23rd - 28th April, 2012), to create awareness amongst investors and to promote good governance in Capital Markets. The programme was inaugurated by Dr. M Veerappa Moily, Hon'ble Union Minister for Corporate Affairs at the Bombay Stock Exchange, Mumbai. More...

YES BANK Launches "YES SWARN"

Gold Bullion adds luster to the BANK's rapidly increasing Retail products portfolio More...

Monday, 23rd Apr 2012

Mahindra & Mahindra Signs Mou With Karur Vysya Bank For Car Loans And Commercial Vehicle Finance

Mahindra & Mahindra Ltd. (M&M), India's leading SUV manufacturer, today signed a Preferred Financier agreement with Karur Vysya Bank (KVB), one of India's premier private sector banks with 96 years of banking history. Under the aegis of this tie-up, M&M customers will be able to avail of vehicle finance services from any of the 450+ branches of KVB. The MOU was signed by M... More...

Friday, 20th Apr 2012

Executive Director of Federal Bank wins ASM's "Award for Excellence

Sri. Abraham Chacko, Executive Director of Federal Bank has won the prestigious "Award for Excellence" from ASM (Audyogic Shikshan Mandal) Group of Institutes, Pune. More...

Wednesday, 18th Apr 2012

New India Bank - leading innovation to success by introducing ''Executive Plus Card'' a revolutionary mode of payments.

Hiren Bhanu Vice Chairman of the bank is delighted to proclaim the launch of the Executive plus Card which is his leading invention. The Visa card has matchless features and benefits to business travellers, this card was launched in Bangalore on 9th September 2010 by the Minister of Trade and Commerce, Shree Anand Sharma. More...

Monday, 16th Apr 2012

Facility Management Zone (FM Zone) India in association with Vestian Global Workplace Services hosted the first Facility Management Awards

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Micro Housing Finance Corporation Limited ("MHFC") ties up with Tata Housing on Ahmedabad project

MHFC, a housing finance company that aims to support urban lower income families, and has provided over Rs. 50 cr in loan sanctions, has tied up with Tata Housing Development Company on its recently launched and oversubscribed "Shubh Griha" project in Ahmedabad, which caters to a similar segment. More...

Friday, 13th Apr 2012

Aviva India lends support to International Day for Street Children

"Challenging Perceptions" theme to aim at sensitizing the society towards the immense potential of street children More...

Thursday, 12th Apr 2012

IDBI Bank Reinforces Presence in the Swiss Franc Bond Market

IDBI Bank is the first Indian bank to make a Swiss Franc Bond Issue during 2012. More...

Pragati India Fund invests US$ 5 million in Jash Engineering, a water infrastructure products company

Pragati India Fund today announced its maiden investment in Indore-based Jash Engineering Limited, a leader in the manufacture of customized engineering goods for water and waste water infrastructure sector. More...

Monday, 9th Apr 2012

IFC Invests in India's Snowman Logistics to Expand Storage Infrastructure, Promote Food Security

$6.5 million loan to Snowman Logistics will help the food supply chain company expand its cold storage facilities in various locations in India, helping reduce wastage. More...

Thursday, 5th Apr 2012

Hotelogix secures $1.2 M funding led by Accel Partners

Hotelogix, the leading cloud-based SAAS (Software as a Service) offering for the small and mid-sized hospitality industry, today announced that it has raised USD 1.2 million in funding from global venture firm Accel Partners as lead investors and Blume Ventures, Mumbai Angels as co-investors. More...

Tuesday, 3rd Apr 2012

Federal Bank hikes interest rate on Term Deposits

Federal Bank has hiked the rate of interest on both Resident and NRE Term deposits for a period of 1 year to 10%. More...

IFC Invests in Pragati Fund to Support Small Businesses in India's Low-Income States

The investment will help will provide equity capital for expansion, environmental and social governance, and operational guidance to SMEs in the region. More...

Friday, 30th Mar 2012

Now Setup Mutual Funds SIPs Online

Abchlor Investment Advisors P Ltd launches iSIP for setting up SIPs online thru its portal www.InvestOnline.in. A complete paperless service. A first in the industry from the pioneers of online Mutual Fund Investments. More...