Rupay to substitute Mastercard, Visa in India

Rupay to substitute Mastercard, Visa in India Mumbai: The much talked about India's 'Rupay' cards are here and it may not be long before it replaces the logos of Visa and Mastercard. Rupay or Rupee Pay is the new card payment scheme launched by the National Payment Corporation of India (NPCI), a company started three years back by ten banks, to oversee all retail payment systems in the country. Currently, all card payments are routed through Visa...
09:57 AM, Jun 22, 2011

Housing scam: bankers defend loans sanctioned

Housing scam: bankers defend loans sanctioned Mumbai: Bankers have defended the loans given to companies named in the CBI charge sheet in connection to the bribes for loan scam saying these were performing loans and were sanctioned after due process. In its chargesheet, the CBI had named officials from the Bank of India, Punjab National Bank and even a board member of Central Bank of India for allegedly accepting bribes to sanction loans, causing worries that...
09:55 AM, Nov 26, 2010

No rains in Vidarbha and no loans too

No rains in Vidarbha and no loans too Loans worth Rs 71,000 cr waived off but farmers still in trouble. ...
12:35 AM, Jul 11, 2008