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Two IT firm employees arrested for source code theft

Last Updated: Tuesday, August 11, 2015, 15:03

The Cyber crime branch has arrested two employees of a Gurgaon-based software company over allegations of source code theft.

RBI relaxes branch authorisation policy

Last Updated: Thursday, August 6, 2015, 23:31

Giving greater operational freedom to banks, the Reserve Bank Wednesday allowed lenders to shift, merge or close branches, except in rural areas, at their "discretion".

Hong Kong fines SBI for anti-money laundering law violation

Last Updated: Friday, July 31, 2015, 18:33

The Hong Kong central bank on Friday penalised State Bank of India's Hong Kong branch USD 1 million (Hong Kong dollar 7.5 million) for alleged violation of local anti-money laundering and counter-terror financing laws.

SBI plans massive branch overhaul; to focus on digital banking

Last Updated: Wednesday, July 1, 2015, 21:20

"The entire SBI branch network is undergoing a transformation. There will be changes in the branch location as well as depending on where the habitation is moving.

Sadbhav Engineering-led JV bags Rs 454 cr road project in Punjab

Last Updated: Monday, June 1, 2015, 14:55

"Company will lead the joint venture with 51 percent participation share," it said.

PM Modi inaugurates ICICI Bank's first branch in China

Last Updated: Saturday, May 16, 2015, 15:31

To help Indian and Chinese corporates in cross-border businesses, top private sector lender ICICI Bank on Saturday opened its first branch in China, which was inaugurated by Prime Minister Narendra Modi.

Mahila Bank plans to have 150 branches by Mar 2016

Last Updated: Saturday, April 11, 2015, 19:15

Bharatiya Mahila Bank on Saturday said it is targeting to have 150 branches across the country by the end of the current fiscal.

ICICI Bank achieves milestone of 4000th branches

Last Updated: Tuesday, March 31, 2015, 23:31

Country's largest private sector lender ICICI Bank on Tuesday opened about 50 branches across the country, achieving the milestone of 4000th branches.

IBUs to be treated as foreign branches of Indian banks

Last Updated: Sunday, March 1, 2015, 21:37

International Financial Services Centre (IFSC) Banking Units, to be set up at Gandhinagar, will be treated on par with foreign branches of Indian banks.

Govt may take Post Bank public after establishing it

Last Updated: Tuesday, January 20, 2015, 18:46

Government is mulling to take the proposed Post Bank of India public or gradually increase public participation to raise funds after converting the vast post office network into a commercial bank.

Indian banks' overseas branches have credit growth at 31.2%

Last Updated: Friday, January 16, 2015, 23:01

Credit extended by Indian banks' branches operating abroad increased by 31.2 percent to Rs 7.68 lakh crore (USD 127.9 billion) in 2013-14.

CBI chargesheets IOB branch manager for cheating bank

Last Updated: Friday, December 26, 2014, 19:22

The CBI has filed a charge sheet against a Gujarat-based branch manager of Indian Overseas Bank (IOB) and three others for allegedly cheating the bank to the tune of Rs 2.5 crore.