New Delhi. 51st Annual General Meeting of REC Limited..
Kolkata. 103rd Annual General Meeting of Balmer Lawrie and Co. Ltd held at Kolkata..
New Delhi. NHSRCL opens bids for 28 steel bridges, 88 km viaducts for Bullet train project.webindia123..
New Delhi. NHPC signs Power Sale Agreement with CSPDCL..
New Delhi. PM Shri Narendra Modi committed to provide continuous supply of power to Odisha..
New Delhi. Massive Fire at ONGC Hazira Plant Surat Blast Heard From Miles..
New Delhi. 44th Annual General Meeting of NTPC Limited..
New Delhi. Mazagon Dock plans Rs 2,000 cr greenfield capex next to Nhava Sheva port.BS..
Bhubaneswar. NALCO signed MoU with NRL ...
New Delhi. ONGC douses fire; gas supplies to industries hit...
Ranchi: Punjab National Bank's Divisional Office - Ranchi South and Ranchi North on 25.09.2020 Chief Minister's Relief Fund - Covid-19 under CSR in Jharkhand Chief Minister Relief Fund in the light of the prevailing conditions in the state of Jharkhand due to global epidemic In Jharkhand,
Posted Date : 25-09-20
Lucknow: On the occasion of Vishwakarma Diwas, Hon'ble CM of Uttar Pradesh inaugurated the activity of disbursement of loans to artisans while our Lucknow Circle donated 5 ambulances to various hospitals for fighting Corona. Honourable CM, thanked SBI for this extraordinary gesture.
Posted Date : 18-09-20
New Delhi: India’s largest private lender HDFC Bank holds its top position among the country’s 75 most valuable brands, with the brand value at $20.2 billion, according to a report by WPP Plc and Kantar.
The HDFC Bank is holding its position from continuous seven years followed by
Posted Date : 18-09-20
New Delhi: The Managing Director and Chief Executive Officer of Karur Vysya Bank Ramesh Babu Boddu said that the bank will more focus on the MSME sector and it is very beneficial and the strongest segment for the bank.
He said it is a very harsh time of the pandemic and the whole ban
Posted Date : 18-09-20
New Delhi: DHFL may face a personal insolvency proceeding by the Union Bank of India after the government allowed in the personal insolvency proceeding against the promoters. DHFL owes the Rs 3,516 crores to Union Bank of India.
The Union Bank of India will perform the proceeding on behalf
Posted Date : 18-09-20
New Delhi: HDFC Bank India’s largest private lender has launched a video KYC facility for its customers to be able to sit at their home or office. The bank is making it more secure and quick which will be paperless, contactless just a recorded interaction between a bank official and the custome
Posted Date : 17-09-20
New Delhi: The Punjab and Maharashtra Cooperative Bank has recently approached the Finance Ministry for the help of raising funds, as the bank is facing issues from last year and they mention that the depositor’s money is stuck and the bank does not have adequate fund. So, the bank wants help from
Posted Date : 17-09-20
New Delhi: The country’s largest lender State Bank of India and Titan partners to launch for the first-time contactless payment watch. The stylish watches will be powered by the YONO SBI known as Titan Pay.
Again, the Titan is giving its best functionalities in these watches with a secur
Posted Date : 17-09-20
New Delhi: DBS Bank India unveiled its online credit solutions platform with a credit worth of Rs. 20 crores on Wednesday (September 16, 2020) it will be available for the small and mid-businesses to avail the loan facility easily said in a release.
The bank’s customers can avail the loan w
Posted Date : 17-09-20
Guwahati: The Punjab National bank takes the initiative to wake up the nation by organizing the "Swachhata Pakhwada" to promote the "Swachh Bharat Mission".
The government of India first initiate and awake the world with this mission, people get motivated and propelled by the Mission.
Posted Date : 16-09-20
Chennai: The Indian Bank inaugurated the three amalgamated banks at Chennai, the executive director of the bank Shri M K Bhattacharya, said that “Indian Bank amalgamated 6 branches so far and the way forward will be amalgamating more than 300 branches which not only will help reduce costs but a
Posted Date : 16-09-20
New Delhi: India’s largest public lender State Bank of India has extended its new OTP Based (One Time Passcode) the facility of withdrawing cash now 24/7. The bank will effect the facility from September 18, 2020, and customers can withdraw the amount above 10,000.
Earlier in January, the
Posted Date : 16-09-20
New Delhi: The Governor of the Reserve Bank of India on Wednesday address a meeting of FICCI’s National Executive Committee, where he mentions that the economy has not reached full speed, it will move forward gradually. The availability of large amounts of cash from RBI has ensured large scale
Posted Date : 16-09-20
New Delhi: The COVID-19 outbreak hit every single business and sector into the stress which is making it worst. The recent report by the Reserve Bank of India, the expert headed by Shri K V Kamath, states that this pandemic has affected eh maximum best companies and business, and currently bankin
Posted Date : 16-09-20
New Delhi: The Central Bank of India is now offering home loans on the lower interest rate of 6.85 percent as per the branch manager of the bank L Chetan Kumar.
The central bank arranged a meeting on Tuesday where he explained the customers about loan products. The staff of the bank re
Posted Date : 16-09-20
Chennai: The Indian Bank inaugurated the three amalgamated banks at Chennai, the executive director of the bank Shri that “Indian Bank amalgamated 6 branches so far and way forward will be amalgamating more than 300 branches which not only will help reduce costs but also provide services to the c
Posted Date : 16-09-20
New Delhi: India’s largest public lender State Bank of India has extended its new OTP Based (One Time Passcode) facility of withdrawing cash now 24/7. The bank will effect the facility from September 18, 2020, and customers can withdraw the amount above 10,000.
Earlier in January,
Posted Date : 16-09-20
New Delhi: Yes, Bank has recently joined the initiative launch by the Small Industries Development Bank of India (SIDBI) to give quick facility and hassle-free credit access to the MSMEs. This initiative of PSB loans in 59 minutes is to boost the business opportunities in the sector of Micro, Sma
Posted Date : 15-09-20
New Delhi: The government of India introduced the Banking Regulation Act in the Lok Sabha to bring cooperative banks under the supervision of Reserve Bank of India.
The Union Finance minister of India Nirmala Sitharaman introduced the bill in the Lok Sabha to replace the ordinance which was p
Posted Date : 15-09-20
New Delhi: In the past few years, the government has infused around 3.5 trillion in the PSBs. On Monday the government of India goes for the parliament nod for “meeting additional expenditure of Rs 20,000 crore” through the recapitalization of bonds into state-owned banks in the fourth quarte
Posted Date : 15-09-20
New Delhi: The Reserve Bank of India earlier announced its monetary policy in February, now it is expected to be released its forecast of the newly reviewed projection on October 1, 2020. The RBI has to make its projection in every six months.
The meet of the six members of the monetary p
Posted Date : 14-09-20
New Delhi: The country’s largest lender state bank of India earlier announced a scheme in May for the senior citizen to give the higher interest rates on their money, now the ‘SBI Wecare’ extended the special fixed deposits scheme till the year-end which is earlier valid up to 30, September
Posted Date : 14-09-20
GUWAHATI: The Punjab National bank takes the initiative to wake up the nation by organizing the to promote the "Swachh Bharat Mission".
The Punjab National Bank members voluntarily and wholeheartedly participated and organized walkathons, street plays, and cyclothon. Outreach camps are
Posted Date : 14-09-20
New Delhi: The country’s largest lender state bank of India earlier announced a scheme in May for the senior citizen to give the higher interest rates on their money, now the ‘SBI Wecare’ extended the special fixed deposits scheme till the year-end which is earlier valid up to 30, September 20
Posted Date : 14-09-20
New Delhi: The Reserve Bank of India earlier announced its monetary policy in February, now it is expected to be released its forecast of the new reviewed projection on October 1, 2020. The RBI has to make its projection in every six months.
Posted Date : 14-09-20
New Delhi: The State Bank of India is giving special treatment to its retired employees by including the treatment for Coronavirus under its medical insurance scheme. The bank is also providing other treatments for diseases like chronic obstructive pulmonary disease (COPD)/asthma under the same SBI
Posted Date : 12-09-20
Hyderabad: The Institute for Development and Research in Banking Technology (IDRBT) and Microsoft India suggests Artificial Intelligence (AI) for better banking services, improves customer access, and very profitable to reduce the risk in technology.
The Hyderabad-based Institute sai
Posted Date : 12-09-20
New Delhi: India’s top private lender HDFC Bank is looking forward to expands its banking correspondents to 25,000 in its fiscal end, sources said. The official states that they are in a project to achieve the objective of providing the best banking facilities to every customer.
The b
Posted Date : 12-09-20
New Delhi: The Reserve Bank of India released the guidelines on compliance functions in banks and the Role of Chief Compliance Officer (CCO) on Friday.
Banks are required, inter-alia, to have an effective compliance culture, independent corporate compliance function, and a strong compl
Posted Date : 11-09-20
New Delhi: The private lender Yes bank faced a money crisis earlier this year and borrowed the money amounting Rs. 50,000 under the special Liquidity facility) which are now fully repaid to the Reserve Bank of India.
Further, he mentions
He said for sustainable growth there should
Posted Date : 10-09-20
New Delhi: ICICI Bank, India’s second-largest private-sector launched a start-up (iStartup 2.0) on Thursday for better banking needs and features. This is beneficial for the star-ups through vendors.
Many features that vary in digital marketing, staffing, facility management, company
Posted Date : 11-09-20
New Delhi: The Supreme Court on Thursday gives the extension on the loan Moratorium till September 28, 2020, and instructed the bank officials to not charge any of the customers in any bank. The loan procedure will continue as per earlier the loan Moratorium was going.
The Centre als
Posted Date : 10-09-20
New Delhi: Shifting totally towards the retail loans and neglecting the corporate loans is not a good idea for the lenders. The stressed matter of loans is being faced by the both borrowers and lender, Shri. Arijit Basu the Managing Director of State Bank of India speaks upon this matter in a web
Posted Date : 09-09-20
Gujarat: The Gujarat State Cooperative Bank Union organized a banking webinar on “Challenges, Changes and Changes Post Covid-19 which is presided over by Shri Ghanshyambhai Amin, Chairman of the Gujarat state cooperative union.
The webinar is highly focused on the new opportunities and challe
Posted Date : 09-09-20
New Delhi: Recently the government of India decides to privatize some public sector banks into private, on this the two employees union of Bank of Maharashtra writes a letter to Finance Minister Shri Nirmala Sitharaman to tale the clarification on privatizing the Pune-based lender BoM.
The
Posted Date : 09-09-20
New Delhi: The successful launch of YONO, the digital banking platform You Only Need One (YONO) completed its three years in the banking industry.
The Chairman of State Bank of India Shri. Rajnish Kumar said it is a profitable platform that has a valuation of over USD 40 billion. There is a c
Posted Date : 10-09-20
New Delhi: The Finance Minister of India Nirmala Sitharaman launched the doorstep banking services for the customers of public sector banks on Wednesday for the hassle-free and convenient banking and to ease the living and upgrading of the technology which will be very beneficial for the customer
Posted Date : 10-09-20
New Delhi: The State Bank of India will soon launch the new web portal for the website to showcase the Recently resolution framework announced by the Reserve Bank of India. This new application window will allow the borrower to reach the eligibility for recasting in two to three days, as sources sai
Posted Date : 09-09-20
New Delhi: The Managing Director of SBI Shri. C S Shetty speaking in the Fintech conference organized by the FICCI regarding the new launch Programme naming SAFAL which represents the Safe and Fast Agriculture Loan.
The loan is majorly focused on the organic cotton growers apart from
Posted Date : 08-09-20
New Delhi: The Bank of India launched on Monday its latest Signature Visa Debit Card, an official statement mentioned that this international contactless debit card will be available in the metal and plastic variants.
The spending limit of the card is around Rs. 5 Lakhs on POS and e-commerce,
Posted Date : 08-09-20
New Delhi: State Bank of India is planning for recruiting around 14,000 people in the coming year said on Monday. While cutting the statement over the recently proposed VSR program that this is the cost-cutting process for over 30,000 people from staff and mentioned that the bank is planning to recr
Posted Date : 08-09-20
New Delhi: On late Sunday the Reserve Bank of India withdrew an internal circular which invites the attention of the Regional Offices and the central office departments to the ‘Standard Operating Procedures’ for dealing with the positive cases of COVID-19.
Bank mentions that “It is reit
Posted Date : 07-09-20
New Delhi: The State Bank of India launched the VRS scheme for the better optimization of human resources and the cost of the bank, this scheme is very valuable for the employees.
The report says that around 30,190 employees are eligible for this VSR scheme.
'Second Innings Tap VR
Posted Date : 07-09-20
Bhubaneswar: DBS Bank limited comes up with a new branch opened in Bhubaneswar, the bank is rapidly going with the 25 cities and 35 branches in the country which is rapidly growing. The branch will look over the comprehensive portfolio on the financial products and services to small and medium bu
Posted Date : 07-09-20
New Delhi: HDFC Bank announced on Sunday that the bank has sanctioned the home loan amounting Rs. 45,000 crores to around two lakh home buyers. HDFC has become the first financial institution in the country that is offering this much amount of financial benefit.
HDFC is known as the
Posted Date : 07-09-20
New Delhi: Federal Bank partners with Innoviti Payments solutions to offers its customers a better debit card service. This partnership is expected to offer better EMOs availability through the bank.
Beneficial to the 7.5 million of people holding the debit card over 70,000 Innoviti PO
Posted Date : 05-09-20
New Delhi: The government of India appoints Shri. S Krishnan as the new Managing Director (MD) and Chief Executive (CEO) of Punjab Sind Bank on Friday.
Shri. Krishnan takes charges from September 4, 2020, the bank states in the BSE filing. Previously he served as the executive direct
Posted Date : 05-09-20
Uttar Pradesh: The Uttar Pradesh Government decides to the merging all the co-operative banks in the state. The expert panel in the consolidation process suggests that to create it a single controlled lender in Uttar Pradesh.
There will be a merger of more than 1,000 branches which t
Posted Date : 05-09-20
New Delhi: The government of West Bengal allowed the banks to operate the banking functions on Saturdays. The relaxations will be provided but the rules to be followed by the banks to prevent the COVID virus.
Banks are generally operating on the alternative Saturdays where the bankers as
Posted Date : 04-09-20
New Delhi: On Friday Shri. Rajiv Lal stepped down as the Non-Executive Chairman from IDFC bank due to his personal health issues. The bank receives a resignation letter from Dr. Lal on September 4, 2020, where he mentions that he has been dealing with his prolonged personal health issues for a wh
Posted Date : 04-09-20
New Delhi: NHPC signs Power Sale Agreement (PSA) with CSPDCL for supply of 400 MW solar power under the 2000 MW ISTS grid connected Solar Photo Voltaic Projects NHPC Limited, India’s premier ...
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