| SBI
plans M-Banking roll out in July |
Mumbai,
June 29:
With the Reserve Bank issuing draft guidelines for mobile banking,
at least three leading public sector banks are getting ready
to roll out full-banking services via cell phones in the coming
few weeks.
|
| Air
India to go for $6.5bn insurance cover
|
New
Delhi, June 29:
National Aviation Co of India (NACIL), which runs the state-run
carrier Air India, will go for a $6.5 billion insurance cover
from Monday, the highest insurance coverage by any airline company
in Indian sub-continent...
|
| Vishal
Retail to invest Rs 700 cr for expansion
|
New
Delhi, June 29:
Delhi-based Vishal Retail on Sunday said it would open 70 more
stores at a cost of around Rs 700 crore by the end of this year,
taking the total number to 190, while playing down the chances
of high inflation dampening...
|
| `No
further liberalisation of foreign banks'
|
New
Delhi, June 29:
The Reserve Bank of India is unlikely to allow foreign banks
in the country to expand freely by increasing branch networks
or acquisition of a private sector bank, when this issue comes
up for a review in 2009.
|
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