Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...

The Odisha Affordable Healthcare Project (AHP) is expected to extend healthcare facilities to 16 million people and cover 72 per cent of the population.

It's important to be financially prepared for a future where jobs may no longer be guaranteed.

Those who drew an honorarium of Rs 3,000 will from now on get Rs 4,500 and those who used to get Rs 2,200 will get Rs 3,500, he said. The honorarium of Anganwadi helpers will be hiked from Rs 1,500 to Rs 2,500, says the PM.

Washington will consider waivers for Iranian oil buyers such as India but they must eventually halt imports as sanctions are imposed on Tehran, U.S. Secretary of State Mike Pompeo said on Thursday.

Given the competitive landscape, the new India Post Payments Bank has to differentiate its offering in terms of technology, faster delivery and building a long term sustainable business model.

Indian Railways had come up with a new feature on its online ticketing website, IRCTC in December 2017. The government website had decided to provide free insurance to passengers that booked their tickets online.

Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.

Land Title  Disputes Come Under Insurance Cover

How Malvinder and Shivinder Singh blew Rs 22,500 crore in less than a decade and lost control over Fortis Healthcare and Religare Enterprises.

Earlier, the Prime Minister was expected to announce the roll out of Ayushman Bharat on Independence Day. The chief architect of the scheme Dr Vinod K Paul had told Business Today that only 12-15 states would launch the scheme on 15 August 2018 as the others were not prepared to roll it out on time.

PMJDY, the flagship financial inclusion drive, was launched in August 2014. The first phase ended on August 14, 2015 was focussed on opening basic bank accounts and RuPay debit card.

There is a dire need to understand life insurance and all its types to make informed choices based on what you need and what might benefit you in the long run.

Mehul Choksi is not the only Indian fugitive diamantaire who has found refuge in the Caribbean.

This development comes about a month after Jio tapped the Korean credit market to raise $1 billion from Korea Trade Insurance Corporation.

Contracts for printing the cards and running the call centre will be awarded by August.

The retail business globally is moving towards platform play. The rationale behind this is to own the consumer at every possible touch point.

The stock of India's second-biggest software services exporter rose 5.75% to hit its life time high of 1384.40 compared to its previous close of 1309.10 on the BSE.

The Mumbai-based firm's conflict resolution platform helps settle commercial and civil disputes outside the court.

PMJDY was started with a target to provide universal access to banking facilities starting with basic saving bank account with an overdraft upto Rs 5000 subject to satisfactory operation in the account for six months and RuPay Debit card with inbuilt accident insurance cover of Rs 1 lakh.