SBI donates Rs 5 crore to NSDF for Target Olympic Podium Scheme BANK NEWS

New Delhi: The Competition Commission of India (CCI) approves the acquisition of stake by Axis Bank Limited, Axis Capital Limited, and Axis Securities Limited in Max Life Insurance Company Limited. Axis Bank Limited provides services in retail banking, which includes retail lending and retail dep
Posted Date :  21-01-21

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New Delhi: Yes Bank's great initiative for Micro, Small and Medium Enterprises (MSME) to strengthen them, the ban launches YES MSME which will facilitate speedy and easy access to funds.  Yes Bank said, the YES MSME is focusing on the supporting values which expand the growth of MSM
Posted Date :  21-01-21

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New Delhi: SBI, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as in the 2018 list of D-SIBs. The additional Common Equity Tier 1 (CET1) requirement for D-SIBs was phased-in from April 1, 2016, and became full
Posted Date :  21-01-21

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Srinagar: The online test for the candidates who missed the ongoing J&K Bank Banking Associate examination due to extreme weather on 3rd, 5th and 9th of January, 2021 shall be held again. The decision comes after J&K Bank Chairman and Managing Director (CMD) R K Chhibber requested the author
Posted Date :  13-01-21

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New Delhi: The Reserve Bank of India (RBI) has, by an order dated January 12, 2021, imposed a monetary penalty of Rs 2 crore (Rupees Two Crore only) on Deutsche Bank AG (the bank) for non-compliance with certain provisions of directions issued by RBI contained in the “Reserve Bank of India (In
Posted Date :  13-01-21

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Mumbai: With the aim to support and provide all the necessary aid to the Indian Olympic Team, the State Bank of India (SBI) has come forward to donate Rs. 5 crores towards National Sports Development Fund (NSDF). This amount would be utilized for customized training of the Olympic Team under reputed
Posted Date :  09-01-21

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New Delhi: IDFC First Bank appended the provisional figures mentioned at 31 December 2020 under the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in
Posted Date :  07-01-21

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Mumbai: Bank of Baroda, India's third-largest Public Sector Bank, believes in having customers and their convenience as the brand philosophy and building on this ideology, the bank has launched a new campaign 'Ek Forever Rishta’ as an attempt to wish upon its customers a New Year fille
Posted Date :  02-01-21

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New Delhi: ICICI Bank today announced its collaboration with Google Pay for issuance of FASTag through UPI on the payments app. This enables Google Pay users to order, track, and even recharge ICICI Bank FASTag conveniently and fully digitally through UPI on the payments app itself. This initiative
Posted Date :  29-12-20

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Mumbai: Bank of Baroda, country’s third largest public sector bank, has launched the Digital Lending Platform, which enables prospective retail loan seekers to get loans digitally through a paperless process at the convenience of their place and time of choice. Pre-approved Micro Personal L
Posted Date :  29-12-20

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New Delhi: Bank of Baroda, the country’s third-largest public-sector bank (PSB) by assets, has completed Integration / Migration of 3898 branches of erstwhile Vijaya Bank and Dena Bank with itself. The Bank has completed the integration of 1770 erstwhile Dena Bank Branches in December 2020
Posted Date :  26-12-20

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Pune: Bank of Maharashtra (BoM), a premier public sector bank in the country, organized Exporters-Importers Meet at Pune on 21st December 2020. More than 80 Exporters & Importers including the prominent business houses of Pune Participated in the event.   Mr. Hemant Tamta, Execut
Posted Date :  26-12-20

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New Delhi: ICICI Bank announces the launch of an online platform for foreign companies looking to establish or expand business in the country. Called ‘Infinite India’, the platform offers them banking solutions as well as value-added services such as the incorporation of a business en
Posted Date :  26-12-20

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Mumbai: YES BANK, on December 22, 2020, announced a collaboration with Salesforce, the global leader in Customer Relationship Management, to build a next-generation technology platform to power the retail lending business, in line with the Bank’s strategy to further scale up its retails ass
Posted Date :  25-12-20

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New Delhi: RBI has cautioned that legitimate public lending activities can be undertaken by Banks, Non-Banking Financial Companies (NBFCs) registered with RBI, and other entities who are regulated by the State Governments under statutory provisions, such as the money lending acts of the concerned
Posted Date :  25-12-20

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New Delhi: Governor of the Reserve Bank of India (RBI) held meetings with the MD/CEOs of Public Sector Banks and select Private Sector Banks on December 22 and 23, 2020 respectively through video conference. The meetings were attended by Deputy Governors, RBI.   In his opening remark
Posted Date :  24-12-20

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Ranchi: The Central Bank of India celebrates its 110th Foundation Day with great joy and enthusiasm in Ranchi. The program was inaugurated by Ajay Kumar Singh, Senior Regional Manager of the Ranchi region, with reverence on the lamp and the portrait of the founder of the bank.   Spea
Posted Date :  21-12-20

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Chennai: Canara Bank, a premier public sector Bank clarifies that it has an exposure of Rs.678.28 crore in the account of M/s Transstroy India Ltd, reported as fraud to RBI on 10.02.2020 where 100% provision has been made in the account.   M/s Transstroy India Ltd. (TIL), established
Posted Date :  19-12-20

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New Delhi: RBI governor Shri Shaktikanta Das delivered the keynote at the webinar on ‘Investing in Investor Education in India: Priorities for Action’ which is organized by the National Council of Applied Economic Research (NCAER), New Delhi.    Shri Shaktikanta Das
Posted Date :  16-12-20

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New Delhi: India Post Payments Bank and Department of Posts launched a digital application called 'DakPay'. The application was launched on Tuesday, December 15, 2020, to facilitate easy digital transactions and other banking services.   "The app is launched as part of i
Posted Date :  16-12-20

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