finance Archives - OfficeChai

All About IIM Calcutta, One Of The Best B-Schools In The Country

December 12, 2016December 12, 2016 Ankita Banerjee

IIM Calcutta is one of the leading B-Schools in India and the Asia Pacific region. Established in 1961, this prestigious institution was the first national centre for post-graduation studies and research in Management. It’s the only triple accredited B-School in India and best known for its Finance related courses. In fact the department is considered to be one of the best in the world. If you have taken CAT this year and rooting for Finance, IIMC is the obvious choice.

Singapore Government Imposes Curbs On Moneylenders From October 1

October 2, 2015 Navin Bhatia

The Government of Singapore has imposed curbs on licensed moneylenders in the country to protect the borrowers. These curbs – which have come into effect from October 1, 2015 – cap the amount of fees and interest that moneylenders can charge customers.

IDFC Bank Is Born Today, Promises New Approach To Banking

October 1, 2015 Navin Bhatia

IDFC Bank will start functioning as a full-fledged bank from Thursday with over 20 branches. Rajiv Lall will be taking over as the MD & CEO of IDFC Bank with effect from October 1, IDFC added.

Oil Falls Below $40 For The First Time Since 2009

August 23, 2015 Navin Bhatia

US crude oil prices broke the $40 barrier on August 21, 2015 for the first time since 2009. Latest data indicate a further rise in US drilling rigs and a drop in Chinese manufacturing.

Lower interest rate on Public provident fund ppf

India’s Banking Sector To See Tremendous Job Opportunities

August 20, 2015 Navin Bhatia

Banking, finance and technology professionals have reason to be upbeat. The next two years are going to see tremendous job opportunities in the banking sector in India.

Two new banks are ready to roll out. Bandhan Bank is commencing operations on August 23, 2015. It would start operations with 600 branches, of which 200 would be in metro and urban areas. IDFC Bank is slated to start operations from October 1, 2015 with 20 branches, of which 5 would be in metropolitan cities.

SBI, ICICI Bank Launch New Tech Measures To Enhance Banking Experience

August 19, 2015 Navin Bhatia

India’s two largest banks have announced new tech measures to enhance banking experience. While State Bank of India has launched a mobile wallet app, SBI Buddy in collaboration with Accenture and Mastercard, ICICI Bank Ltd has introduced ‘Smart Vault’, a fully automated locker facility with high-end robotic technology.

Private Bankers, Professionals At The Helm Of Two Indian Public Sector Banks

August 15, 2015 Navin Bhatia

You don’t need to be a lifetime government babu to land a top position at a government bank anymore. In a big bang announcement, the Government of India has appointed two private bankers to head two of the prominent public sector banks in the country.

Gold Prices Are Falling, Where Is It Headed?

August 7, 2015November 8, 2022 Navin Bhatia

Gold began 2015 at about $1,175 an ounce. By January 23, it had rallied to almost $1,300. In February, it slipped about $60 and the fall continued in March. After a brief consolidation, it has been on a downtrend since June. Since July 20, 2015, when gold slipped below $1,100, it has remained in that region so far.
Where’s gold going? Here’s an update.

Flipkart Secures $700 Million Investment; Valued at $15 Billion

July 29, 2015July 29, 2015 Ankita Banerjee

With competition in the Indian ecommerce space intensifying, Flipkart has taken a big step towards consolidating its numero uno position by securing an investment of $700 million. It is the first time the company has raised money this year, and this deal values it at a whopping $15 billion.