Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Deutsche Bank to pay $125 million to settle…
Christian Sewing, chief executive officer of Deutsche Bank AG, pauses as Germanys biggest bank announces full year earnings in Frankfurt, Germany, on Friday. Feb. 1, 2019. Deutsche Banks revenue contracted for an eighth straight quarter…
View: Bad bank is a good idea, but…
A bad bank will need bad boys — vultures, predators and junk bond traders — to play the game. A kosher arrangement convenient to regulators, cosy for banks and anodyne to bureaucrats will kill the…
Bank of Baroda launches WhatsApp banking services
Mumbai: State-run Bank of Baroda on Monday announced the launch of banking services on messaging platform Whatsapp. The lender is offering services such as balance enquiry, mini statement, cheque status enquiry, cheque book request, blocking…
TCS completes acquisition of Postbank Systems from Deutsche…
India's largest IT services firm Tata Consultancy Services (TCS) on Friday said it has completed acquisition of 100% shares of Postbank Systems AG (PBS) from Deutsche Bank AG. PBS has been the internal IT provider…
Paytm Bank has lowest UPI failure rate
(This story originally appeared in on Dec 22, 2020)Paytm Payments Bank recorded the lowest ratio of failures for remittances using Unified Payments Interface (UPI) among the top 20 banks that account for 95% of transactions.…
Central Bank of India to raise up to…
State-owned Central Bank of India on Friday said it will raise up to Rs 500 crore by issuing Basel III compliant bonds. "The capital raising committee of the board of directors of the bank at…
After HDFC Bank, now SBI’s YONO hit by…
MUMBAI: After private lender HDFC Bank, state-owned State Bank of India’s flagship YONO app faced a system outage, forcing customers to vent their frustration on social media. SBI tweeted that it’s working towards fixing the…
Restrictions on HDFC Bank after outage: What RBI’s…
Following frequent outages in online services, the RBI has now told HDFC Bank to halt all digital launches and issuance of credit cards on a temporary basis. The board of the bank must look into…