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Private sector bank News

Nirmala Sitharaman

05 Aug 2019

FM Nirmala Sitharaman to meet bank heads over key sector credit growth

The Financial Stability Report (FSR) of RBI in June stated credit growth of scheduled commercial banks (SCBs) picked up, with public sector banks (PSBs) registering near double digit growth.

15 Jul 2016

Wow! Now withdraw cash from ATM by just looking at it

DC Bank - a private sector bank - is working on the same project to offer such a hassle-free service to its Chennai customers.

private sector bank

17 Aug 2015

Private sector bank officers form union, to join Sept 2 strike

The officials from the private banks have also decided to join an all India general strike on September 2, it said.

12 Jul 2015

Axis Bank expects credit growth of 14% in FY16

The bank had recorded a loan growth of 22 per cent in the fiscal ended March 2015 while total deposit increased by 15 per cent during the year.

18 Jun 2015

Yes Bank cuts base lending rate by 25 bps to 10.5%

Base rate has been cut from 10.75 per cent to 10.50 per cent, Yes Bank said in a regulatory filing to the stock exchanges.

Kotak Mahindra Bank

05 Jun 2015

Kotak Mahindra Bank, ING Bank sign MoU for cross-border biz

Private sector Kotak Mahindra Bank on Friday inked a pact with ING Bank for exploring opportunities arising from cross-border business, investments and trade flows across various geographies, including Europe.

06 Mar 2015

Bank credit up 10.39% at Rs 64,53,394 crore

Bank credit growth continued to trail deposit mop-up and remained muted with a mere 10.39 percent rise at Rs 64,53,394 crore in the fortnight to February 20, up from Rs 58,45,833 crore a year ago, according to the latest data released by the Reserve Bank.

14 Dec 2014

Merger with HDFC makes sense but no proposal on table: Puri

Currently, HDFC Bank is the second largest lender in the private sector, although it ranks on the top in terms of market valuation ahead of its competitor ICICI Bank.

Technology services

25 Jul 2014

ING Vysya selects Mindtree as a strategic digital partner

Technology services firm Mindtree on Friday said it has been selected by ING Vysya, a premier private sector bank, as a strategic digital partner for its next generation mobility programme.

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