Indian man opens bank account in UAE on an app, two months later, wins Rs 5 crore rewardUAE Lottery: An Indian-origin man, Shajeer Venga, has won 2 million AED in Sharjah Islamic Bank's 'Millionaire' campaign after opening a sa...
After courts, RBI, independent reviewers clear HDFC Bank; persistence of crisis narrative raises questionsHDFC Bank is facing a barrage of governance allegations and panic. However, court relief and regulatory reassurances indicate no material a...
Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to doNRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international...
Phone-tapping case: Supreme Court extends ex-Telangana SIB chief's police custody till Dec 25The Supreme Court has extended the police custody of former Telangana SIB chief T Prabhakar Rao. He is an accused in the phone-tapping case...
Powering India’s energy future: Why it’s time to bet big on sodium-ion batteriesThe biggest advantage of SIBs lie in the abundance of Sodium, one of Earth's most plentiful elements. While LIBs are currently cheaper, SIB...
RBI increases capital buffer for systemically important SBI and HDFC Bank"SBI shifts from bucket 3 to bucket 4 and HDFC Bank shifts from bucket 1 to bucket 2. For SBI and HDFC Bank, the higher D-SIB buffer requir...
RBI releases latest list of domestic Systemically important banks, check changes hereThe Reserve Bank of India (RBI) released the latest list of domestic Systemically Important Banks (D-SIBs). ICICI Bank maintained its exist...
Why India Inc should explore social impact bonds for CSR activitiesTraditionally, companies spend their CSR funds by donating or engaging an implementing agency to further causes relevant to their businesse...
SBI, ICICI Bank, HDFC Bank remain domestic systemically important banks, RBI saysThe Reserve Bank of India on Monday said that the State Bank of India, ICICI Bank, and HDFC Bank continue to be identified as Domestic Syst...
SBI, ICICI and HDFC Bank continue to be systemically important banksSIBs are perceived as banks that are 'too big to fail (TBTF)'. This perception of TBTF creates an expectation of government support for the...
RBI includes HDFC Bank in 'too big to fail' listWith the inclusion of HDFC Bank in the list, there will now be three 'too big to fail' financial entities in the country.
SBI, ICICI Bank hail D-SIBs tag, say have higher capital baseWelcoming Reserve Bank decision to declare them as systemically important banks, state-owned SBI and private sector ICICI Bank today said t...
Draft RBI norms on large banks seek additional capital bufferAccording to the draft guidelines, a list of D-SIBs will be made public every August starting from 2015.
- South Indian Bank launches sale of gold coins and gold bars
South Indian Bank (SIB) has launched sale of gold coins and gold bars under the brand name SIB Pure Gold.
- SIB posts higher Q2 net, to focus on CASA funds
Thrissur-based South Indian Bank has posted a net profit of Rs 77 crore for the second quarter of this fiscal, up from Rs 72.56 crore in th...
- SIB launches Eazy Remit to help NRIs to send remittances
Private lender South Indian Bank on Wednesday said it has launched a web-based product, SIB Eazy Remit, that will help Non-Resident Indians...
- Asian banking website award for SIB
Kerala-based South Indian Bank has bagged the "Best Asian Banking Website" award from Asian Banking and Finance Magazine, Singapore, in ban...