New Delhi: Stating that no banking institution throughout the world could match it in fast decision making, State Bank of India (SBI) on Tuesday has sanctioned one billion dollar credit for Tata group in just five minutes, a philosophy, which has placed it much ahead of challengers on overseas mergers and acquisitions (M&A) transactions.
New Delhi, Sept.26 : World Bank officials have refused to be held accountable for their policy and project interventions in India as highlighted by the four-day meeting of the Independent Peoples Tribunal (IPT) in the Jawaharlal Nehru University campus here.
ICICI Bank has planned to offer better private banking services in smaller cities and towns to get control over the mid-size and small-size entrepreneurs. Personal Banking business of ICICI has shown a growth of nearly 70 per cent in the last fiscal and the bank authorities want to continue at the same pace in this sector. ICICI Bank will be adding more relationship managers in the current year.
Bangalore, Sept. 22 : Canara Bank has added another feather to its cap by taking technology beyond the periphery of the literate world.
The bank recently launched the country's first bio-metric Automated Teller Machines (ATM) at Devanahally near here which uses the fingerprint instead of PIN number.
The ATM was inaugurated by Reserve Bank of India (RBI), Deputy Governor Usha Thorat in the presence of Regional Director for Karnataka RBI, Devaki Muthukrishnan and Chairman and MD of Canara Bank, M B N Rao.