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IDBI Bank Waives Charges on Savings and Current Account Services

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IDBI BankIDBI Bank has decided to waive charges on Current and Savings Accounts as a measure to further strengthen the Bank's bonds with its customers. This was announced by Shri R. M. Malla, Chairman and Managing Director, IDBI Bank at IDBI Bank Head Office. Mr Malla took over as Chairman of IDBI Bank less than two months back.

ACE Derivatives and Commodity Exchange gets final license for launching a national multi commodity exchange

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Mumbai: Government of India has accorded ACE Derivatives and Commodity Exchange Limited (ACE) permanent recognition under the provisions of Forwards Contract (Regulation) Act 1952 as a 'National Multi Commodity Exchange through a notification dated August 10, 2010.

FINO TATKAAL has been voted as the best Financial Inclusion Initiative of the Year held at eINDIA Awards 2010

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Mumbai: FINO TATKAAL, an initiative developed and implemented by Financial Information Network & Operations Ltd. (FINO), has been voted as the best Financial Inclusion Initiative of the Year and awarded the Jury Choice category at the recently held eINDIA Awards 2010.

ICICIdirect.com launches online advisory facility for active traders - F&O@FingerTips

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Mumbai: ICICIdirect.com has launched a new feature called 'F&O@FingerTips' providing real-time advanced information on Derivative contracts to its customers. F&O@FingerTips is designed in a way to offer an integrated platform consisting of all tools, information and inputs needed by an active retail trader to identify the opportunities in the derivative market with an option to trade it immediately.

IFC Partners with India’s Federal Bank to Support Small Businesses

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Chennai - IFC, a member of the World Bank Group, will provide trade financing of up to $25 million to India’s Federal Bank to enhance its support to small and medium enterprises and help boost international trade opportunities.

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