Tag: Banking News
Banks Consolidation : Bank Bosses puts conditions before banks merger
The top brass of prominent state-run banks like Punjab National Bank, Canara Bank and Bank of Baroda, which are positioned as acquiring banks, have set certain pre-conditions...
Visa, Billdesk extends BharatQR services across 50 utility service providers
Visa, Digital payments network has partnered with payment gateway entity BillDesk, to enable around 50 service providers to start accepting BharatQR payments. It will...
Bank Mergers : Raghuram Rajan questions Govt’s move to merge banks
Former RBI Governor Raghuram Rajan puts question marks on Government's move to merge public sector banks. He said that the government should be clear on...
Pending Wage Revision : IDBI Bank Unions threaten to Strike
Bank employees and officers' unions have expressed deep concern over the long-pending wage revision in IDBI Bank. The All India Bank Employees' Association (AIBEA)...
R A Sankara Narayanan assume charge as new MD, CEO of...
R A Sankara Narayanan has taken charge as Managing Director and Chief Excecutive Officer of Vijaya Bank. He has taken over the reigns of...
Singapore’s DBS Bank gets RBI nod to operate subsidiary in India
DBS Bank, Singapore’s largest lender with $355 billion in assets, has received in principle approval from Reserve Bank of India (RBI) to start a...
Management shot down UCO bank’s plan to stop salary of non...
In a bizarre note to the bank’s personnel services department, one of the zonal heads of the UCO bank had requested to suspend salaries...
Personal Info of bank employees exempt from disclosure under RTI :...
The Supreme Court has held that that service details of bank employees like information regarding transfer , posting of the clerical staff can’t be...
Union Bank, Dena Bank cut MCLR rates , Check new MCLR...
State run lenders Union Bank of India and Dena Bank bring down their MCLR rates across various tenors by 20 and 15 basis points...
Canara bank cut saving bank deposit interest rate by 50 basis...
Canara Bank, one of the largest public sector banks is next to cut interest rate on saving bank deposits. Like other banks, Canara Bank...