SBI extends Covid 19 Emergency Credit Line (CECL) for borrowers @7.25 percent
Country’s largest lender State Bank of India (SBI) announced the Covid 19 Emergency Credit Line (CECL) for borrowers. The loan will be offered to...
Good news for Yes Bank Customers : Moratorium ends, Banking services resumes
Here is Good News for Yes Bank Customers, Reserve Bank of India (RBI) today removed the moratorium imposed on Yes Bank, thereby enabling customers...
Bank Deposit Insurance may be hiked to Rs 5 lakh
The finance ministry may raise the bank deposit insurance to Rs 5 lakh from Rs 1 lakh, which will be the first upward revision since...
Concilation Meeting with CLC failed | 48 Hours Strike by Officer Organisations Stands
AIBOC, AIBOA, INBOC and NOBO Joint Circular – 48 hours strike stands as CLC intervention failed - In response to the strike notice served...
AIBEA and BEFI give Call for Strike against Proposed Merger of PSBs
All India Bank Employees' Association (AIBEA) and Bank Employees' Federation of India (BEFI) given the joint call for All India bank strike on 22nd October 2019 against...
Indian Banks have more officers than clerks | Banks shed quarter of clerical staff...
The number of clerical staff in the banking sector has come down by a quarter of its size in 2012-13, owing to large-scale computerisation...
SBI open 14th branch in Ladakh’s Diskit | SBI wants to be lead-bank for...
The country’s largest lender State Bank of India (SBI) has expressed a desire to become the lead-bank for the newly carved-out Union Territory of...
PSU Banks Merger : Andhra Bank board gives approval for merger with Union Bank
The board of directors of Andhra Bank on Friday accorded in-principle approval for the amalgamation of Andhra Bank and Corporation Bank with Union Bank of India as the...