NEW DELHI. Union Minister Dharmendra Pradhan dedicates 56 CNG stations to the nation...
NEW DELHI. NHPC to develop 155 MW hydro, 50 MW solar projects in Ladakh...
NEW DELHI: Govt is looking at starting home delivery of petrol, CNG: Pradhan...
NEW DELHI: Power minister R K Singh asks Rs3 trillion from finance commission for new schemes ...
NEW DELHI . IRDAI member Nilesh Sathe appointed NHAI Finance Advisor. Times of India..
NEW DELHI MCA allows CSR Contributions towards PM CARES Fund..
NEW DELHI. Power distributors with dues to PFC-REC barred from Rs90,000 crore package-Mint..
NEW DELHI . EESL’s JV emerges as fastest- growing company in U.K...
NEW DELHI . Shri Sushil Sharma appointed as Director (Electrical) of SJVN...
SAMBALPUR.. Mahanadi Coalfields reports 42.6 per cent growth in overburden removal.New Indian Express..
Telangana: SBI Foundation sponsored meals in Telangana while the Maharashtra team distributed ration to the needy. Also, our staff members from Jharkhand donated PPE kits, thermal scanners, gloves & masks to a hospital while the Haryana team contributed to the State Corona Relief Fund. SBI
Posted Date : 29-05-20
New Delhi: Shri. Rana Ashutosh Kumar Singh, Deputy Managing Director, SBI, handed over masks and gloves on behalf of the bank to Padma Shri awardee Prof. Jagat Ram, Director, PGIMER, Chandigarh, for doctors at the hospital.
Posted Date : 26-05-20
New Delhi: SBI family has strengthened the fight against COVID-19 by contributing an additional Rs. 7.95 crore to PM CARES Fund. With this additional donation, the total contribution by SBI employees to PM CARES Fund is now Rs. 107.95 crore.
Posted Date : 19-05-20
Bhopal: SBI Bhopal Circle donated Rs.7 Lakhs to NGOs for distributing 14,000 Food Packets to needy and provided 1,000 (N-95) masks and 1,000 pair of surgical hand gloves to Doctors & Nursing staff of J.P. Hospital Bhopal.
Posted Date : 09-05-20
New Delhi: Canara Bank on Wednesday said former Syndicate Bank MD and CEO Mrutyunjay Mahapatra has been appointed as its Officer on Special Duty (OSD).
Posted Date : 16-04-20
Lucknow: Smt. Saloni Narayan, Chief General Manager, Lucknow Circle, handed over a cheque of Rs 50 Lakhs as a staff contribution to the Chief Minister Yogi Adityanath for UP COVID Care Fund. We shall fight this pandemic together.
Posted Date : 15-04-20
Varanasi: SBI Varanasi team came forward to help the needy. Our DGM, Business & Operations, handed over food packets to Chief Development Officer, Varanasi, for distribution among the needy. The branch will continue providing 500 food packets every day until the end of lockdown. Let’s fight th
Posted Date : 10-04-20
Chandigarh: SBI team from Chandigarh Circle handed over 210 bottles of hand sanitisers (500 ml each), 210 pairs of hand gloves and 1000 face masks to the SP, Panipat, for distribution among policemen deputed to enforce the lockdown. We shall fight this pandemic together.
Posted Date : 07-04-20
Jaipur: 1) Doorstep banking service includes cash pickup, cash delivery, cheque pickup, cheque requisition slip pickup, form 15H pickup, delivery of drafts, delivery of term deposit advice, life certificate pickup and KYC documents pickup.
2) The service request can be made at toll free numbe
Posted Date : 04-04-20
Mumbai: Bank of Maharashtra on Tuesday said Shri Y Nageswara Rao has joined as its Executive Director. Y Nageswara Rao Rao was officer on special duty and whole time director at Syndicate Bank from April 15, 2019, BoM said in a statement.
Posted Date : 01-04-20
New Delhi: Ahead of its merger with the United Bank of India (UBI) and the Oriental Bank of Commerce (OBC) from April 1, Punjab National Bank (PNB) today unveiled a new logo which bears the signages of all the three PSU banks. From the next financial year, PNB will become the second largest lend
Posted Date : 01-04-20
Chennai: SBI Wealth conducted the Annual Investment Conclave and celebrated International Women's Day by felicitating 8 Successful Women in their respective fields on 8th March, 2020. Shri C. S. Setty, Managing Director, SBI, addressed the gathering of Wealth Clients and VIPs of Chennai.
Posted Date : 13-03-20
NEW DELHI . Many many congratulations to all the OBCians here on the occasion of 78th and the last Foundation Day Celebration of ORIENTAL BANK OF COMMERCE on this earth. (19-02-1943 to 19-02-2020) because onwards April 1, 2020, OBC will be known as PNB.
Posted Date : 19-02-20
Kanker: As part of ongoing Financial Literacy initiatives, a camp was organised at Bande Village, Kanker District, Chhatisgarh, to educate attendees about bank schemes for small and medium scale entrepreneurs and banking safety measures. Shri Neelabh Jha, Deputy General Manager, RBI, Smt. Shaily
Posted Date : 17-02-20
Ludhiana: The SBI Administrative Office of Ludhiana organized a 5 km run against drug abuse on 2nd Feb 2020. More than 900 people of Ludhiana participated in the marathon. The event was flagged off by Shri Rajeev Arora, GM Network 1, LHO Chandigarh and other dignitaries of Ludhiana City.
Posted Date : 03-02-20
Thiruvananthapuram: A Walkathon in connection with the Vigilance Awareness Week was inaugurated by Shri ML Das, CGM (Thiruvananthapuram). The event took place in the presence of Shri IM Vijayan- Ex Footballer, Smt Ruma Dey- GM, and other top dignitaries of the Bank.
Posted Date : 04-11-19
New Delhi: SBI presented Awards of Scholarship to the meritorious wards of the poor and visually impaired parents through an NGO named Bright Future Organisation for the Blinds. The event was attended by Shri Dinesh Kumar Khara, Managing Director, and other top executives of the Bank.
Posted Date : 02-11-19
Chennai: Indian Overseas Bank launched IOB Health Care Insurance Policy through an online platform across its branches to issue Health Insurance Policy provided by Universal Sompo General insurance Co. Ltd.
Indian Overseas Bank Health Care Plus Policy (IOB HCP), a Co-branded Health Insuranc
Posted Date : 01-11-19
NEW DELHI. PNB Corporate Office, Dwarka has introduced technology based solutions through an online Preventive Vigilance (PV) portal, which is the first of its kind on the occasion of Vigilance Awareness week .The ceremony was chaired by the Central Vigilance Commissioner, Shri Sharad Kumar along
Posted Date : 27-09-19
New Delhi: HDFC Bank & Indian Oil Corporation Ltd. partner to launch a co-branded fuel Credit Card called Indian Oil HDFC Bank Credit Card for users from non-metro locations.
Posted Date : 26-09-19
Puri: SBI Stands With Odisha SBI made history on 15th September, 2019, by sanctioning 833 Mudra loans to help Satpada’s tourist boat owners who were affected by Cyclone Fani. It was a subsidy linked scheme for the development of tourism in the Puri District. The event was graced by SBI CGM (Bhu
Posted Date : 16-09-19
Ladakh: SBI Chairman, Shri Rajnish Kumar, inaugurated the Diskit Branch at Nubra Valley, Ladakh, 120 kms away from Leh, with Lt. Gen. YK Joshi GOC 14 Corps, Leh, and Hon'ble MP Shri Jamyang Tsering Namgyal as the guests of honour and in the presence of Shri Rana Ashutosh Kumar Singh, SBI CGM,
Posted Date : 14-09-19
NEW DELHI:The Central Vigilance Commission (CVC) has constituted an Advisory Board for Banking Frauds (ABBF) headed by former Vigilance Commissioner T.M. Bhasin to examine bank fraud of over ?50 crore and recommend action.
The panel in its previous avatar was called the Advisory Boar
Posted Date : 26-08-19
Lucknow: Bank of Baroda has always endeavoured to provide the best of banking solutions for its customers. Banking service of Bank of Baroda has been recognised by Shri Yogi Adityanath, Chief Minister of Uttar Pradesh.
Addressing the SLBC Meeting, the Hon'ble Chief Minister praised
Posted Date : 09-08-19
New Delhi: HDFC Bank plans to adopt 15 schools in the flood-hit state of Bihar as part of its long term relief & rehabilitation efforts. The Bank also donated Rs 4 crore to the CM Relief Fund to help people in the state recover.
The Bank is working with Bihar state to set up medical ca
Posted Date : 09-08-19
Rudraprayag: HDFC Bank has opened an ATM at 11,755 feet at Kedarnath Temple, and became the first bank in the country to do so. The ATM is set up in the shrine premises and will benefit over 35,000 devotees that visit the Temple every day.
The ATM was inaugurated remotely by Chief Mini
Posted Date : 02-08-19
Mumbai: Union Bank of India, is one of the largest government-owned banks of India; the government owns over 90% of its share capital. It is listed on the Forbes 2000 and has assets of US$13.45 billion. UBI has around 4,300 branches. The company released its financial performance for the 1st qu
Posted Date : 02-08-19
Mumbai: Bank of Baroda has entered into a Memorandum of Understanding (MoU) with LG Electronics India Pvt Ltd to commemorate the outgoing business partnership on Bank's 112th Foundation Day. The MoU was signed by Shri P. S. Jayakumar, MD & CEO, Bank of Baroda and Mr. SooCheol Kim, CFO, LG Ele
Posted Date : 31-07-19
Lucknow: Shri Rajnish Kumar, Chairman, State Bank of India (SBI) inaugurated the new premises for the Utrethia Branch, Lucknow on 28th July 2019. Under CSR Activity he provided financial assistance for procurement of 5 Haemodialysis Machines to Sanjay Gandhi Postgraduate Institute of Medical Scie
Posted Date : 30-07-19
Ahmedabad: ICICI Bank inaugurated a new branch at Hebatpur Road in Ahmedabad. This is the 50th branch of the Bank in the city. The branch also houses an ATM at its premises, which is available 24X7.
Shri Kantibhai Patel, Managing Director, Awadh Infrastructure Private Limited and Shri
Posted Date : 26-07-19
Mohali: Four start-ups were declared winners at HDFC Bank’s first Digital Innovation Summit (DIS) in Mohali. The Summit is a platform for start-ups to showcase their innovations aimed at powering the bank’s next phase of growth. The winners are from the domains of Artificial Intelligence, Pay
Posted Date : 26-07-19
Mumbai: Bank of Baroda (BoB) has entered into a Memorandum of Understanding (MoU) with Pine Labs, India’s leading merchant platform, to commemorate the beginning of business partnership on bank’s 112th Foundation Day. The MoU was signed by Shri P S Jayakumar, MD & CEO, Bank of Baroda and Shri
Posted Date : 25-07-19
Mysuru: HDFC Bank has partnered with Mysuru Police to launch a road safety initiative in the Mysuru (Karnataka), Called ‘Traffic Paathshala,’ the initiative aims to make Mysuru roads safer by creating awareness on the Do’s and Don’ts of road safety.
At an event organized in the
Posted Date : 23-07-19
Gurugram: ICICI Bank organised a conclave for Micro, Small and Medium Enterprises (MSMEs) in Gurugram to discuss the role of digital banking to make business more convenient to the segment. The conclave was part of the Bank’s initiative across the country to reach out to MSME companies. The con
Posted Date : 29-04-19
Mumbai: Public sector lenders Allahabad Bank and Andhra Bank are looking for merchant bankers to sell their stakes in ASREC (India) Ltd, an asset reconstruction company.
The banks require the assistance of merchant bankers to value the company and scout for potential buyers to sell their st
Posted Date : 18-04-19
New Delhi: Punjab National Bank celebrated the International Women’s Day. Senior representatives of PNB Prerna, an association of wives of the Senior Officials and senior lady Officials of the Bank, felicitated women achievers from different walks of life. Dr. Jayanti Mehta, President, PNB Prer
Posted Date : 09-03-19
Kolkata: State-owned Allahabad Bank Wednesday reported narrowed net loss at Rs 732.81 crore for third quarter ended December of the current financial year due to the reduction in bad loan provisions. The bank had posted a net loss of Rs 1,263.79 crore in the same period of the previous fiscal. To
Posted Date : 07-02-19
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New Delhi: Swachhata Pakhwada 2019 a cleanliness drive was led by Shri Sunil Mehta, MD & CEO, Punjab National Bank at PNB Dwarka Headquarters. On the occasion, Shri Agyey Kumar Azad Executive Director, PNB and several General Managers and other senior officials also participated in the cleanlines
Posted Date : 01-02-19
New Delhi: Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.
This will be the second bank strike in less than a week. A
Posted Date : 25-12-18
New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the write-off amount — according to RBI data.
The r
Posted Date : 01-10-18
New Delhi: Mutual funds, insurance companies, banks and fintech companies will be badly affected by the Supreme Court verdict on Aadhaar.
New buyers of mutual funds or insurance policies could start investing in a few minutes after online verification of Aadhaar.
But aft
Posted Date : 01-10-18
New Delhi: India's burgeoning shadow finance sector is likely to face a shake-up after defaults at one major lender battered the nation's financial markets in the past week and reinforced worries about credit risk.
Industry officials and experts say they expect Indian regulat
Posted Date : 28-09-18
New Delhi: The Reserve Bank announced guidelines for co-origination of priority sector loans by banks and NBFCs with a view to enhancing flow of funds to the sector at competitive rates.
As per the norms issued by the RBI for all scheduled commercial banks (excluding Regional Rural B
Posted Date : 22-09-18
New Delhi: State-run Bank of India (BoI) invited bids for the sale of its stake in three associate companies namely STCI Finance, SIDBI and Equifax Credit Information Services.
Earlier this week, BoI said it was looking to raise nearly Rs 1,000 crore through stake sale in some of its non-core
Posted Date : 22-09-18
Mumbai: ICICI Bank Ltd. announced the launch of a new working capital facility that enables MSMEs (Micro, Small and Medium Enterprise) to get an overdraft (OD) based on the turnover reported in their Good and Services Tax (GST) returns. Christened ‘GST Business Loan’, the facility is availabl
Posted Date : 11-09-18
Amitabh Chaudhry of HDFC Life has been appointed as the Chief Executive Officer of Axis Bank. He will assume office after Shikha Sharma completes her tenure as the Axis Bank CEO.
"We wish to inform you that the Board of Directors (the Board) of the Bank at its meeting held today has ta
Posted Date : 10-09-18
New Delhi: Punjab National Bank has set a target of recovering nearly Rs. 20,000 crore from the non-performing assets (NPA) in the first half of this financial year. In the first two months of this quarter, the bank has recovered Rs 5,600 crore. The bank has targeted the recovery of NPAs of about
Posted Date : 08-06-18
Ranchi: Shri Rajendra Kumar has joined as GM & Zonal Head of Bank of Baroda, Patna Zone capturing Bihar, Jharkhand & Orissa states. Before coming here he was he was General Manager & Zonal Head of MP & Chhatisgarh Zone.
During his 35 years of banking career, he has outstanding records in va
Posted Date : 25-05-18
NEW DELHI: In keeping with the dynamic business environment, the Bank has embarked on Mission Parivartan – a structured approach to keeping the long-term success of the Bank in mind
An Independent think tank on the lines of *NitiAyog* named *Mission Parivartan Division* will act as the cata
Posted Date : 23-03-18
NEW DELHI: Punjab National Bank organized Vigilance Awareness Programme at Manav Rachna University, Faridabad.The Programme was presided over by Shri S K Nagpal, Chief Vigilance Officer, Punjab National Bank and Shri D P Naik, Advisor Central Vigilance Commission.
15 students partici
Posted Date : 13-10-17
New Delhi: PFC signs MoU with NBPCL to fund projects worth ? 22,000 crore for 225 MW hydro-electric projects & Multipurpose projects in MP. Power Finance Corporation (PFC) today entered into an agr ...
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