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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...
RBI introduces new rs 50 banknote , features and images

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...
Government Nominee Directors Changed in four PSBs

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 Aadhaar Enrollment Centre

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...