Opening branches

Opening branches in rural India is a loss making business for banks-Business News, Firstpost

With the RBI ordering banks to open more brick-and-mortar branches at the village level, the Haryana government has fallen far short of its target Haryana: With the Reserve Bank of India directing banks to open more physical branches at the village level to facilitate village-level banking services, the Haryana government has fallen far short of […]

Opening branches

What is Iranian Azad University’s game plan to open branches across the region?

Iranian Islamic Azad University is expanding its footprint by opening branches in cities across Syria, expanding Tehran’s influence and raising eyebrows in the region. The Islamic Azad University was founded in 1982 in Iran and is the second largest university after the University of Tehran. It is a non-governmental university founded by the late Iranian […]

Opening branches

India Post bank to miss September date for branch opening

The India Post Payments Bank (IPPB) certainly won’t miss the September deadline it set for itself to open 650 branches across the country. India Post, the country’s government-run postal system, failed to recruit a System Integrator (SI) on time, causing its bank payments schedule to shake up. The Department of Posts, one of 11 entities […]

Opening branches

Sainsbury’s supermarket group to start opening branches of its own bank in stores

The Sainsbury’s supermarket group is planning to open branches of its own bank in stores, it has been revealed. Sainsbury’s makes an annual profit of around £ 60million through its banking arm, which offers credit cards, savings accounts, loans, insurance and foreign exchange. Its products can be requested online or by phone, but in the […]