BANGLORE. Rajnath Singh inaugurates BEL’ s ?220-cr product development & innovation centre. Business line ..
JAMMU. POWERGRID to support Digital Education to School Childerns in J&K...
NEW DELHI. 38 SAIL employees wins Vishwakarma Rashtriya Puraskar Award ...
NEW DELHI. Sh. Nand Lal Sharma CMD SJVN honoured with Appreciation Award . ..
NEW DELHI. Banks to hold public meets with NBFCs until 15 Oct in 400 districts: Sitharaman. MINY ..
NEW DELHI. IEX board approves setting up of gas exchange.ET Energy world ..
NEW DELHI. Govt to liberalise Coal sector, invite global players. Deccan Herald ..
NEW DELHI. NHAI is paying three times more for land-- and that may slow down new projects...
New Delhi: Govt proposes to corporatise EPFO, ESIC; appointment of CEOs. MIllennium post..
Mumbai . Bank unions reject 12% wage hike offered by managements. Business ine..
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: The information contained in this e-mail and any attachments to this message are intended for the exclusive use of the intended recipient and may contain proprietary, confidential or legally privileged information. If you are not the intended recipient, please note that you are not au
Posted Date : 10-10-17
Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, today announced the launch of a new home loan, which offers borrowers the benefit of 1% cashback on every EMI, for the entire tenure of the loan. A unique offering in the industry, it is available for home loans wit
Posted Date : 29-09-17
NEW DELHI: The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley lighting the lamp to inaugurate the 70th Annual General Meeting of Indian Bank Association, in Mumbai on September 22, 2017.
Posted Date : 23-09-17
New Delhi: Addressing the 45th Annual General Meeting of Steel Authority of India Ltd. (SAIL) held here today, Chairman SAIL, Shri PK Singh was confident of improvement in Company’s performance starting this financial year (FY 2017-18) backed by several management initiatives in every area of o
Posted Date : 23-09-17
NEW DELHI: Punjab National Bank has been awarded with Second Prize in Rajbhasha Kirti award competition for the outstanding performance in implementation of Official Language Policy in Bank for the Financial year 2016-17 .
President of India Shri Ram Nath Kovind awarded this prize to
Posted Date : 19-09-17
New Delhi: Good round table discussion of visiting PSU team from India with world Bank followed by Fed Reserve at New York. The team visited washington and NY as a part of Global Leadership programme organised by SCOPE. SCOPE also signed MOU with University of Maryland for capacity building
Posted Date : 12-09-17
Meerut: ICICI Bank, India's largest private sector bank by consolidated assets, today inaugurated a new branch at Sardhana town in district Meerut. This is the first branch of the bank in the town. The Bank has the largest branch network among private sector banks in Meerut district. The bran
Posted Date : 07-09-17
NEW DELHI: Punjab National Bank and Army Group Insurance Fund (AGIF) have entered into MoU under which PNB will be extending Housing loan to AGIF members. The documents were signed in a ceremony held at Punjab National Bank, New Delhi headed by Shri Sunil Mehta, MD & CEO of Punjab National Bank a
Posted Date : 01-08-17
New Delhi: World Bank financing of USD 100 Million for the development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New and Renewable Energy.
The World Bank loan is proposed to flow
Posted Date : 28-07-17
BENGALURU: Canara Bank, which has set an ambitious target of moving to ‘paperless’ futuristic banking, launched its first ‘Digital Banking Branch’ at Spencer Towers in MG Road, Bengaluru.
Titled ‘CANDI’, the branch will provide an end-to-end digital experience to customers.
Posted Date : 28-07-17
NEW DELHI: Dr. M Ravi Kanth, CMD, HUDCO, on Tuesday inaugurated the Vijaya Bank’s Branch Managers Meet of NCR Region to ensure speedy disbursal of credit under the Pradhan Mantri Awas Yojana – (Urban) aimed at providing ‘Housing for All by 2022.’ Dr. Ravi Kanth stressed that all stake hol
Posted Date : 19-07-17
NEW DELHI: International day of Yoga Was celebrated by Punjab National bank as its Central Staff College, Delhi and all Other Training Centres and Administrative Offices throughout the country.
Shri Sanjiv Sharan, Executive Director of the Bank Participated in the celebration held at C
Posted Date : 22-06-17
MUMBAI: State Bank of India (SBI), the country's largest lender, will soon hire six merchant bankers for managing Rs 15,000 crore share sale. The process for selection is on and will take a few more days before a final call is taken, sources said.
According to sources, many compa
Posted Date : 27-05-17
WASHINGTON: ICICI Bank chief Chanda Kochhar has become the first Indian woman to be conferred with the prestigious Woodrow Wilson Award for Global Corporate Citizenship.
Kochhar, 55, received the annual award which was instituted in 1998 by the prestigious Wilson Center to felicitate
Posted Date : 12-05-17
The programme encompasses digitisation of transactions and other commercial activities besides providing vocational training, credit facility and market linkage to help villagers earn a sustainable livelihood
11,300 villagers, including more than 7500 women, have been trained free of co
Posted Date : 05-05-17
NEW DELHI. The Union Minister for Finance, Corporate Affairs and Defence, Shri Arun Jaitley receiving a cheque of Rs. 29.85 lakh from the Managing Director and CEO of Punjab National Bank, Ms. Usha Ananthasubramanian, towards the Army Battle Casualties Welfare Fund.
Posted Date : 04-05-17
New Delhi. Punjab National Bank was awarded “BEST MSME BANK AWARD” instituted by Chamber of Indian Micro Small and Medium Enterprises under Large Banks Category on April 20, 2017 at New Delhi.
Shri Arjun Ram Meghwal, Union Minister of State for Finance & Corporate Affairs present
Posted Date : 25-04-17
MUMBAI. State Bank of India or SBI has introduced minimum balance requirement in savings accounts from April 1.
The minimum balance requirement for SBI customers varies depending on geographies such as metro, urban, semi-urban and rural. If the minimum balance drops below a particula
Posted Date : 24-04-17
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New Delhi. Punjab National Bank celebrated its 123rd Foundation Day and on the occasion Smt. Usha Ananthasubramanian, MD & CEO of the bank launched three new products for customers viz. Automated electronic Toll Collection to facilitate hassle free toll payment/collection, Credit Card Mobile App
Posted Date : 18-04-17
In an operation late last evening, the agency had arrested Gupta Chandra Bidika, Additional General Manager, Microwave Project, Bhubaneswar. He was caught red handed allegedly taking bribe of Rs one lakh for clearing bills worh Rs 10 lakh of a contractor.
Posted Date : 06-04-17
Bangalore:An MoU was signed between NLC India Limited and Indian Institute of Science (IISC), Bangalore, to set up an Innovation and Incubation Centre for helping the young innovators in specific f ...
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