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Archive for the 'Banking Sector' Category

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Overseas Bond Sale Helps SBI Raise Rs. 6875 Crores

On Thursday, from an overseas-dollar-dominated bond sale, State Bank of India was able to raise $ 1.25 billion (Approx Rs. 6875 Crore in Indian Currency). For the record, this would be considered as the largest single-tranche offering by a public sector bank from India. A 4.125 per cent five-year-note was issued by SBI London branch […]

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Standard Chartered plans to hire 600 staff in India

Standard Chartered will continue to hire 600 staff in India for this current fiscal. This information was taken directly form company representative. This plan for hiring doesn’t include their outsourcing unit Scope International. This is definitely good news for people who are currently looking for good jobs. Being able to be a part of a […]

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34% Income Growth for Yes Bank

Yes Bank Logo

Yes Bank is now experiencing a robust growth on their income where reportedly it gain a 34 per cent increase in their net profit in the April to June Quarter. Compared to last’s years Rs 216 crore profit, the bank today had a net profit of Rs 290. Their net interest income also increased by […]

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Swipeon Launched by Axis Bank – A Mobile Based Payment Acceptance System

Axis Bank Logo

Swipeon had been launched by Axis Bank having a new set of technologies on its sleeves. This is definitely a good way of getting their customers on them for it could make their banking a lot easier and faster. The Swipeon is a mobile-phone – based card acceptance service. Many are definitely looking for this […]

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Central Bank of India Partners With Angel Broking and BSE For Investor Education; Launches Cent-E-Trade

Central Bank Of India Logo

An announcement was given by Central Bank of India today regarding their partnership with Angel Broking and Bombay Stock Exchange. This partnership is for a series of investor education seminar.  The person who announced this partnership was Mr. Dinesh Thakkar, who is chairman and managing director of Angel Brooking. He also stated that this partnership […]

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1,200 clerks to be recruited by Indian Bank

Good news for those who are looking for jobs, Indian Bank is now recruiting 1,200 clerks that will work in its branches across India. Those who were able to pass the intermediate with a score of 50 per cent and up will be eligible to apply. This criterion is necessary in order to ensure that […]

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Voice Biometrics for Banks by Uniphore and Nuance

A new project is being established by Uniphore Software Systems and Nuance Communications where the input of password on banks will not be through voice recognition technology. If the pilot project on this speech-base solution would be a success in a few banks, you will surely be enjoying this technology soon. This is definitely a […]

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