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HomeBanking

Banking

Business & Economics

Santander UK plans to close 95 branches cutting 750 jobs

Mar 20, 2025 - 2:13 am EDT @theindpanorama 0

Santander UK’s announcement on Wednesday that it plans to shut a fifth of its branch network has raised concerns about the bank’s future in the UK. The move, which could result in around 750 job […]

Business & Economics

Fed delivers small rate hike, says ‘some additional’ tightening possible

Mar 25, 2023 - 7:45 am EDT @theindpanorama 0

Washington (TIP)- The Federal Reserve on Wednesday, March 22, raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs amid recent […]

No Picture
Readers Write

Navinder Oberoi

Jan 2, 2023 - 5:30 am EST @theindpanorama 0

The year 2022was the year of tiger according to Chinese calendar. Very sharp and aggressive with lots of ups and downs like roller coaster rides The circle of 365 (2022)days is just about to complete […]

Indian Americans

2 Indian Americans appointed by Biden to his National Infrastructure Advisory Council

Sep 2, 2022 - 8:04 am EDT @theindpanorama 0

WASHINGTON, D.C. (TIP): US President Joe Biden has announced his intent to appoint Indian-Americans Manu Asthana and Madhu Beriwal to his National Infrastructure Advisory Council. The President’s National Infrastructure Advisory Council (NIAC) advises the White […]

rbi
Business & Economics

RBI brings NBFCs on par with banks in new PCA framework

Dec 19, 2021 - 7:46 am EST @theindpanorama 0

To further strengthen the supervision on non-banking entities (NBFCs), the Reserve Bank on Tuesday, Dec 14,  issued revised guidelines on a Prompt Corrective Action (PCA) framework for such companies, excluding government-owned ones, effective from October […]

Indian-origin Covid-19 response Healthcare Experts in Queen’s Birthday Honors spotlight
India

Indian-origin Healthcare Experts in Queen’s Birthday Honors spotlight

Jun 18, 2021 - 3:00 pm EDT @theindpanorama 0

LONDON (TIP): Indian-origin healthcare experts involved in the field of Covid-19 vaccine trials and community support efforts are among those in the spotlight at the Queen’s Birthday Honors List. The Queen’s Birthday Honors List, unveiled […]

About 20 Indian Americans Named In Biden’s Agency Review Teams
Indian American

Indian Americans named to Biden’s Agency Review Teams 

Nov 13, 2020 - 7:04 am EST @theindpanorama 0

WASHINGTON (TIP): US President-elect Joe Biden has named more than 20 Indian Americans as members, including three as team leads, to his agency review teams (ARTs) that are responsible for evaluating the operations of the key […]

Logo of Paytel
NY/NJ/CT

PAYTEL APP for world financial connectivity Launched

Nov 13, 2020 - 12:10 am EST @theindpanorama 0

NEW DELHI / NEW YORK (TIP): PAYTEL FINANCIAL TECHNOLOGY Private Limited is a FINTECH company, launched its PAYTEL App to Public in India on November 9, 2020 by its management team under the leadership of […]

Bijna Dasani Indian- Origin British Expert On Mission To Fix Diversity Gap For Women In Finance
Indian American

Indian- Origin British Expert on Mission to Fix Diversity Gap for Women in Finance 

Nov 7, 2020 - 7:20 am EST @theindpanorama 0

Nirpal Singh  Shergill in London LONDON (TIP): A British-Indian financial expert, recently honored in the Queen’s Birthday Honors List for her work in the field of inclusion and diversity, says she is on a mission to […]

Indian-banks
Business & Economics

NPAs continue to bite: Banks have lost Rs 1.76 lakh crore in the last three years

Nov 22, 2019 - 8:09 pm EST @theindpanorama 33

The RTI replies demonstrate a constant surge in the amount written off by the scheduled commercial banks, which include public sector banks and private banks in the country, since 2014-15. While banks claim that the […]

Sensex
Business & Economics

SENSEX PAST 32K NIFTY AT NEW PEAK

Jul 18, 2017 - 10:33 am EDT @theindpanorama 0

‘First-time-ever’ records continue to tumble as rally continues on BSE and NSE Mumbai, July 13: The Sensex today went past the 32,000- mark for the first time ever, soaring over 232 points, and the Nifty closed at a […]

Aaadhar
Business & Economics

Aadhaar gets praise at global forum for financial inclusion

Jul 10, 2017 - 2:38 am EDT @theindpanorama 0

HAMBURG (TIP): As the world debates use of big data and analytics to improve financial inclusion, India’s Aadhaar system has come in for praise by a global body on financial reforms for expanding banking reach and lesser use of cash. In a progress […]

NJ Assembely
Indian Americans

NJ Gubernatorial race: South Asians of New Jersey extend support to Phil Murphy

Jun 5, 2017 - 12:38 pm EDT @theindpanorama 0

Ashok Ojha EDISON, NJ (TIP): Phil Murphy, the democratic candidate for this year’s gubernatorial election in New Jersey, was praised as a friend of South Asian population of the state. New jersey’s only Assemblyman of South Asian origin Raj Mukherjee […]

REPLACE ATM PINS WITH FINGERPRINTS
Other News

GEN-NEXT CARDS TO REPLACE ATM PINS WITH FINGERPRINTS

Apr 22, 2017 - 12:06 am EDT @theindpanorama 0

WASHINGTON (TIP): Forgot your ATM pin? A next-generation biometric card that lets you authenticate your payments with your fingerprints could soon come to your aid. US-based company Mastercard today unveiled the new biometric card that […]

vijay-mallya
Business & Economics

Vijay Mallya arrested in London by Scotland Yard

Apr 18, 2017 - 7:03 am EDT @theindpanorama 0

NEW DELHI: Business tycoon Vijay Mallya, the boss of the now defunct Kingfisher Airlines, owes Rs 9,081 crore to a consortium of 17 Indian banks, has been arrested in London and will be produced in […]

wells fargo
Business & Economics

Wells Fargo adds Axis Bank to Express Send remittance network in India

Apr 9, 2017 - 10:10 am EDT @theindpanorama 0

NEW YORK (TIP): Wells Fargo & Company (NYSE: WFC) recently announced that it has added more than 2,500 Axis Bank locations to its ExpressSend® remittance payout network in India, bringing the total number of locations […]

SBI
Business & Economics

SBI STARTS NEW YEAR WITH RATE CUT WAR

Jan 6, 2017 - 4:53 pm EST @theindpanorama 0

NEW DELHI (TIP): State Bank of India on Jan 2 (Monday) unleashed a rate war by cutting its home loan rates by 0.9%, betting big on mass migration from other banks, while also maintaining the […]

NO RATE CUT FROM RBI
Business & Economics

Multiple deposits of scrapped notes allowed till Dec 30: RBI

Dec 23, 2016 - 7:40 pm EST @theindpanorama 0

MUMBAI (TIP): Reserve Bank of India on Thursday clarified that account-holders can make multiple cash deposits in withdrawn currencies till December 30. RBI had on Wednesday reversed an earlier directive requiring banks to question customers […]

SBI
Business & Economics

SBI becomes first domestic bank to open branch in Yangon

Oct 3, 2016 - 10:54 am EDT @theindpanorama 0

Mumbai, Oct 3 : The State Bank of India today announced its entry into Myanmar by opening a branch in the capital city of Yangon, becoming the first domestic lender to do so. The Yangon branch […]

RBI
Business & Economics

RBI LETS BANKS ISSUE MASALA BONDS, TO ACCEPT CORPORATE BONDS IN LAF

Sep 1, 2016 - 12:00 am EDT @theindpanorama 0

MUMBAI (TIP): Reserve Bank on Thursday announced a slew of changes in fixed income and currency markets such as allowing lenders to issue ‘masala bonds’ and to accept corporate bonds under the liquidity adjustment facility […]

rakesh-mohan
Business & Economics

Former RBI Deputy Governor Rakesh Mohan Named Senior Fellow At Yale Institute

Aug 25, 2016 - 7:02 am EDT @theindpanorama 0

NEW YORK: Top economist and RBI‘s former deputy governor Rakesh Mohan has been named senior fellow at the prestigious Yale University’s institute for global affairs. Mr Mohan will join the 2016-2017 class of 15 Senior […]

Indian American Suresh Ramamurthi Named Digital Banker of the Year
Business & Economics

Indian American Suresh Ramamurthi Named ‘Digital Banker of the Year’

Jul 15, 2016 - 9:00 am EDT @theindpanorama 6

NEW YORK (TIP): Suresh Ramamurthi, chairman and chief technology officer of Weir, Kan.-based CBW Bank, has been honored as one of the 2016 “Digital Bankers of the Year” by American Banker, for leading the development […]

Saleem Iqbal
Other News

Eid-al- Fitr wishes from HAB Bank

Jul 2, 2016 - 3:53 am EDT @theindpanorama 0

On behalf of HAB BANK, I would like to extend our warmest wishes as we celebrate Eid-al-Fitr throughout the U.S. Eid reminds us of the many achievements and contributions of Muslim Americans to building the […]

Indian-Passport
Indian Americans

Indian Consulate Outreach Program in Hartford, Connecticut on June 3rd, 2016

May 27, 2016 - 9:14 am EDT @theindpanorama 0

NEW YORK CITY, NY (TIP): With an aim to strengthen ties with the local Indian community in Connecticut, a high level delegation led by Ambassador Riva Ganguly Das would be visiting Hartford, Connecticut (CT) on […]

HSBC TO SLASH BRANCHES IN INDIA BY HALF
Business & Economics

HSBC TO SLASH BRANCHES IN INDIA BY HALF, RESHUFFLE TO FOLLOW

May 20, 2016 - 8:18 am EDT @theindpanorama 0

MUMBAI (TIP): The Indian subsidiary of UK banking major HSBC on Thursday said it will reduce the number of branches in the country by almost half, a move that could result in job deployments for […]

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Prof. Saluja being awarded Jewel of India by NY Consul General Mr. Randhir Jaiswal

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