Banking/Financial Services press release

Tue, 01 Jul 2008
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South Indian Bank Bonus Issue 1:4

The Board of Directors of South Indian Bank (SIB) at its meeting held on Jun. 28, 2008, has recommended issue of bonus shares to the existing shareholders in the ratio 1:4 , i.e. one bonus share for every four equity shares held on the record date, s...

Mon, 30 Jun 2008
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ICICI Bank - Read to lead with 1,00,000 children

ICICI Bank Facilitating access to formal education...

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UTI AMC ramps up distribution to service 9 mn clients

Increased the number of Client Representatives to 306 (as of June 11, 2008) and that of Chief Agents to 157 (as of June 11, 2008). It has 31,720 Financial Advisors as of the same date...

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ICICI Bank is first bank in Asia Pacific to offer Visa eMarketplace to its Visa Commercial Cardholders

India is the first in the region to launch the online procurement and payment service...

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ICICI Bank announces launch of the Global Indian Account

ICICI Bank launches Global Indian Account. This account is for Indians, moving to UK, US and Canada for work, study or immigration....

Wed, 25 Jun 2008
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Marc S. Dickler appointed to the Compliance Assurance Oversight Committee of the Maryland Board of Accountancy

Accounting firm Morrison, Brown, Argiz & Farra, LLP is proud to announce partner Marc S. Dickler has been appointed to the Compliance Assurance Oversight Committee of the Md Board of Accountancy....

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Kotak Securities Introduces 'Security Key' to Safeguard Online Transactions

Kotak Securities Limited, the stock broking arm of the Kotak Mahindra group today announced the implementation of Entrust Identity Guard from Entrust Inc. for its customers....

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SREI Raises Benchmark Rate by 150 Basis Points.

SREI Infrastructure Finance Limited has announced a hike in its benchmark rate (SBR) by 150 basis points to 14.5 per cent to come into effect from July 1, 2008. The company's Asset Liability Committee (ALCO) met on Tuesday (June 24) and after re...

Tue, 24 Jun 2008
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Inventus Capital begins investing US$125 million venture fund targeting early-growth India companies

Inventus Capital Partners, a US-India venture firm, today announced its readiness to invest in India with a seasoned venture team. Inventus will invest in technology-powered companies that address high-growth global and local markets. The firm will i...

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ICICI Bank launches exclusive 'Platinum Identity' Credit Card

Tailor-made privileges to meet the unique identity of discerning individuals...