Banking Retail

Latest News for: Banking retail

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Intellicheck, Inc. (IDN) CEO Bryan Lewis on Q3 2018 Results - Earnings Call Transcript

Seeking Alpha 15 Nov 2018

On the last call I mentioned that we have begun to sell specific used cases to retailers and banks based on who bears the cost of fraud ... The easiest way to combat identity theft and to protect banks, retailers and consumers is to authenticate a government issued ID ... Our successes are demonstrating that more banks and retailers are seeing this....

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As funding costs escalate, lending rates may increase: Report

Moneycontrol 15 Nov 2018

ICICI Bank on November 14 announced a hike in retail term deposit interest rates by up to 0.25 percent on select maturities, which would translate into higher lending rates in the coming days ... Over the past six months, the retail term deposits have moved up only by 0.25 to 0.30 ......

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Liquidity-hit NBFCs drive securitisation volumes

DNA India 15 Nov 2018

Due to large-scale funding requirements, several non-banking financial entities opted to raise resources through retail portfolio sell-down to banks, said an Icra report....

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Market to see stability in Nov, time to accumulate quality stocks like HDFC Bank: Anand Rathi

Moneycontrol 15 Nov 2018

The 10-Year bond yields have also softened from the high’s of ~8.20% few months ago to 7.75% giving some relief to the banking/NBFC sector ... The retail inflation data has been encouraging at 3.31% which is way lower than the RBI’s medium-term target ... HDFC Bank ... HDFC Bank reported steady Q2FY19 operational performance....

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Yes Bank chairman Ashok Chawla resigns

Deccan Chronicle 15 Nov 2018

The RBI said last month that the retail bank should appoint a successor to Chief Executive ......

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IDBI reports Rs 3,602 crore loss, LIC to pump in Rs 20,000 crore

The Times of India 15 Nov 2018

The public sector bank continued to report losses as it had to set aside Rs 4,715 crore toward loans that had turned bad ... “The bank is generating operating profits ... IDBI Bank has continued to shrink its corporate loan book as it now lends only to retail, small business and agriculture sector in keeping with the requirements of RBI’s PCA....

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Behind Adrian Gore’s ‘behavioural bank’ concept at Discovery

Business Day 15 Nov 2018

... of Discovery, presented what he termed the world’s first "behavioural bank" in Johannesburg on Wednesday, saying it will comprise a full retail offering....

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Windstream retail store holds food drive for local families in need

Times-Tribune 15 Nov 2018

LONDON --Windstream, a leading provider of advanced network communications and technology solutions, announced plans to support hunger relief efforts in Kentucky by holding a canned food donation drive at its London retail store on 719 N ... for delivery to God's Pantry Food Bank....

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JSE lifts slightly led by banks, as rand cheers soft Brexit

Business Day 15 Nov 2018

The JSE edged higher on Thursday morning, boosted by a weaker dollar, which helped provide support for local banks and miners ... Banks had added 0.66%, food and drug retailers 0.54% and resources 0.43% ... Brent crude was 0.67% higher at $66.28 a barrel. Economic data has taken a back seat, although US retail sales data at 3.30pm will get some attention....

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Rethink Black Friday: It's not what you think it is

Independent online (SA) 15 Nov 2018

Consumers are advised to be cautious of "never before seen" deals offered by retailers, and especially taking credit for items they may not need ... To help consumers, the bank has put together a list of myths and tips to help you during the retail frenzy called Black Friday....

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Morning News Call - India, November 15

Reuters 15 Nov 2018

To access the newsletter, click on the link ... https.//forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 10.00 am. Finance Minister Arun Jaitley, Banking Secretary Rajiv Kumar and SBI Chairman Rajnish Kumar attend World Congress of Savings and Retail Banks in New Delhi. LIVECHAT - MARKETS AFTER MIDT ... ....

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Markets Right Now: Tech, banks lead US stock indexes lower

Winston-Salem Journal 15 Nov 2018

Technology companies and banks led stocks lower on Wall Street, extending the market's slide to a fifth day ... That sent yields down, which hurts banks by pushing interest rates on loans lower ... Technology companies, retailers and banks accounted for much of the gain Wednesday....

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QBiz: Yes Bank Chief Resigns; Vodafone-Idea to Raise Rs 25,000 Cr

Yahoo Daily News 15 Nov 2018

Yes Bank Chairman Ashok Chawla Resigns Over Corruption Charges ... ICICI Bank Hikes FD Rates. How These Compare With HDFC Bank, SBI FD Rates. Days after HDFC Bank hiked interest rates for fixed deposits, ICICI Bank, too, raised retail term deposit interest rates by up to 25 basis points today ... Yes Bank Chief Resigns; Vodafone-Idea to Raise Rs 25,000 Cr ....