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Arundhati Bhattacharya

Ensure bank mergers benefit customers, shareholders: Arundhati Bhattacharya

State Bank of India chairman Arundhati Bhattacharya, who created history this year by six bank mergers at one stroke, on Tuesday said the economy...

Cabinet approves framework for PSU Banks merger | PNB, BOI, SBI shares rise

Union Cabinet has approved the framework for Public Sector Banks merger. There are a total of 21 public sector banks. The Banks merger will be...
SBI realised 235 crore in monthly minimum average balance fine in June

SBI collect ₹ 235cr in minimum average balance fine in June quarter: RTI

State Bank of India (SBI) has realised Rs 235.06 crore as penalty from 388.74 lakh accounts for not maintaining monthly minimum average balance in...
Banks Merger on Fast Track

Government to put PSU Banks Merger Process on fast track

Keen to push consolidation in the public sector banking space, the government is looking to set up a new mechanism to speed up decisions...
Banks Slashes Saving Bank Account Interest Rates Check new Interest Rates

Banks slashes Saving Bank Account Interest Rates; check new interest rates

Banks slashed saving bank account interest rates , brings 2-tier interest rate on saving account : A number of public and private banks in...
PSU Banks Employees Strike on 22 august to protest against government's move to privatise public sector banks

PSU Bank Staff Strike on 22nd august to hit services ; what are demands

PSU Bank Staff including workmen and officers decided for all India Strike on 22 August following the failure of conciliation meeting with Chief Labour...
Wilful Defaulters owe 27 percent of total bad loan to SBI alone

Wilful Defaulters owe 27 percent of ₹92k Crore bad loan to SBI alone

Country's largest lender bank SBI accounts for over 27 per cent of the total amount owed to public sector banks by wilful defaulters. As...

RBI notified Interest Subvention Scheme for Short Term Crop Loans for year 2017-18

RBI released notification regarding "Interest Subvention Scheme for Short Term Crop Loans during the year 2017-18". RBI/2017-18/48 FIDD.CO.FSD.BC.No.14/05.02.001/2017-18 August 16, 2017 The Chairman / Managing Director & CEOs All...