indian banks association news
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Now, using credit and debit cards will COST you LESS
This project had been conceived by Indian Banks Association and had the approval of Reserve Bank of India. The objectives to be fulfilled are: Reduce overall transaction cost for the banks in India by introducing competition to international card
Tags: Indian Banks Association, Reserve Bank of India, debit cards, visa, MasterCard Now, cards payments, comment print, cards transaction, users write, ask users
Banks pulled up for denying educational loans
Refers guidelines issued by banks' association to Division Bench The Madras High Court Bench here on Wednesday disagreed with revised guidelines issued by Indian Banks Association (IBA) on September 16 last year wherein it was stated that educational
Tags: educational loans, managed quota, private institutions, Indian Banks Association, IBA, guidelines issued, Philippines, Reservation in India, bank
Management quota: Banks withdraw education loans
In a move that will impact future management and engineering hopefuls, students who opt for these subjects under the management quota in India and abroad will no longer be given education loans. The apex body of banks, the Indian Banks Association (
Tags: education loans, managing quota, loans scheme, Indian Banks Association, IBA, Philippines, education, Business Finance
RBI to restructure bank loans to MFIs
Hi Guest rediff.com web RBI steps will provide liquidity to MFIs February 22, 2011 18:03 IST Share this Ask Users Write a Comment T he government on Tuesday said RBI measures to restructure bank loans to micro-finance institutions are likely to
Tags: Indian Banks Association, Andhra Pradesh, banks loans, India, Mumbai, Business Finance
Indian Banks to Ensure Funds for Microlenders
The chief executive of the Indian Banks Association indicated Wednesday that banks will ensure microlenders remain fully funded in the short term to help them overcome temporary hiccups in repayments and maintain business as usual. Microlenders
Tags: loan, finance, business-news, Indian Banks Association, Business Finance, India, bad, microfinance, Poverty, economics
Central Bank of India to organise 2-day conference
Ideate, Innovate and Inspire' with a view to develop a comprehensive and actionable agenda to transform the banking sector. It is being hosted by the bank as part of its centenary celebrations with the Organisational support of Indian Banks
Tags: finance, business-news, Central Bank of India, Indian Banks Association, Philippines, IBA, Economy of India, C. Rangarajan, Indian Banks' Association, Business Finance
Banks out to boost share of no-frills accounts
Banks seem to have woken up to the old adage as they seek to increase their customer base and ensure credit and savings growth by opening more no-frills' accounts...Today, a person opening a no-frills account with a bank may not have the balance to
Tags: frills account, Indian Bank's Association, India, Mumbai, finance, Savings account, Business Finance, No frills, Deposit account, bank
U.S. expert to address Indian Banks' Association
Charles Dallara, Managing Director of International Institute of Finance, will address the Indian Banks' Association on September 8 in Mumbai, it was announced on Wednesday. In his keynote address, Mr. Dallara will highlight the critical dimensions
Tags: Indian Banks' Association, U.S. Treasury, Indian Bank's Association, global financial, IIF, India, Mumbai, international relations, political-news, Business Finance
No charge on withdrawing 5 times a month from other Bank's ATMs
According to Indian Bank's Association (IBA) sources banks have been permitted by the Reserve Bank of India to allow free cash withdrawal at their ATMs by customers from other banks upto five times in a month free of charge. The sources said that
Tags: banks, India, Indian Bank's Association, Reserve Bank of India, new delhi, ATM usage fees, Automated teller machine, business-news, finance, Business Finance
RBI wants banks to cut interest rates !
In an apparent bid to boost credit growth, the country’s central bank on Wednesday asked commercial banks to pass on the lower interest rate benefits to consumers by slashing lending rates. In a letter written to the commercial banks, the Reserve
Tags: Reserve Bank of India, commercial banks, reserve banks, food inflation, Indian Banks Association, central banks, India, new delhi, Business Finance, monetary policy
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