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 slashed saving bank account interest rates , brings 2-tier interest rate on saving account : A number of public and private banks in...
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 ₹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...
RBI Introduces new Rs 50 banknote , features, images, here’s how it looks
RBI will shortly issue new Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve...
Centre changes Government nominee directors in four Public Sector Banks
Centre has changed Government nominee directors in four public sector banks (PSBs), appointing four Joint Secretary level officials as ‘Government nominee director’ in these...
Karur Vysya Bank inaugurates first Aadhaar Enrollment Centre in Chennai
Karur Vysya Bank inaugurates its first Aadhaar Enrollment Centre at Nelson Manickam Road Branch in Chennai on Wednesday. The first Aadhaar Enrolment Centre was...