Blog | BANKEDGE | Professional Certification Courses In Banking

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In order to facilitate people and take advantage of the Girl Child Savings Scheme, the Government has lowered the minimum annual deposit requirement for accounts under the Sukanya Samriddhi Yojana to Rs 250 which was Rs. 1000 earlier. The Government sources add that the Sukanya Samriddhi Account Scheme, launched in January 2015, has been a

The controversial Financial Resolution and Deposit Insurance (FRDI) Bill, which brought out a hue and cry from different corners, has been dropped by the Government, bringing a great relief amongst the bank customers. What is the effect? The current system of insurance deposit will continue and customers will be rid of the worry of the

19 Jul

FRDI BILL DROPPED

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The controversial Financial Resolution and Deposit Insurance (FRDI) Bill, which brought out a hue and cry from different corners, has been dropped by the Government, bringing a great relief amongst the bank customers. What is the effect? The current system of insurance deposit will continue and customers will be rid of the worry of the

It is known that LIC of India has already claimed a 51% stake in IDBI Bank. LIC has now said that it is interested to take a controlling 51% per cent in the bank. This has been discussed with the management as per details available. This means, the rights to be given would include nominees

18 Jul

LIC’s Management Control over IDBI Bank

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It is known that LIC of India has already claimed a 51% stake in IDBI Bank. LIC has now said that it is interested to take a controlling 51% per cent in the bank. This has been discussed with the management as per details available. This means, the rights to be given would include nominees

Cashing in on e-payments surge, Pine Labs eyes Unicorn tag

COURTESY BUSINESS STANDARDS DT. 18TH JULY 2018

18 Jul

Cashing in on e-payments surge, Pine Labs eyes Unicorn tag

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COURTESY BUSINESS STANDARDS DT. 18TH JULY 2018

The Life Insurance Corporation of India (LIC) Board approved the proposal of acquiring 51% of state run bank IDBI Bank. Government is aiming to make IDBI bank a vulnerable dynamic bank like Axis Bank. This acquisition is likely to be through issue of preferential shares. This is likely to bring some relief to IDBI Bank,

17 Jul

LIC STAKES MAJOR CLAIM IN IDBI

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