Tag: Bank
2 Bankers Booked For Violating RBI Guidelines
The CBI has booked two Union Bank of India employees here for allegedly violating the RBI guidelines by depositing in the bank's chest over Rs 84 crore in old currency notes of three private firms, an official said on Tuesday.....
Electoral Bonds Cannot Become Parallel Currency-Arun Jaitley
Finance Minister Arun Jaitley on Wednesday said that the electoral bonds announced in Union Budget 2017-18 to promote legitimate funding of political parties cannot become a parallel currency and thus would be valid only for a specific duration.....
Minimum Balance Penalty To Offset Costs Of Jan Dhan Accounts: SBI
Providing a rationale for re-introducing penalty for non-maintenance of minimum balance in its savings accounts from April 1, State Bank of India chief Arundhati Bhattacharya on Wednesday said the public sector lender needs funds to balance the oeprational costs of Jan Dhan accounts.....
SC Reserves Order On Plea Against Vijay Mallya
The Supreme Court on Thursday reserved its order on a plea of a consortium of banks, led by State Bank of India, that $40 million, which liquor baron Vijay Mallya had allegedly transferred to his children, needed to be brought back. ....
Jaitley, RBI Officials To Discuss Banks' Bad Loans
Finance Minister Arun Jaitley will meet with senior Reserve Bank of India (RBI) officials in New Delhi on Friday to discuss the issue of banks' non-performing assets (NPAs) or bad loans, sources said.....
Jaitley, RBI Governor Discuss Banks' Bad Loans
Finance Minister Arun Jaitley met with Reserve Bank of India (RBI) Governor Urjit Patel and other senior officials here on Friday to discuss the issue of banks' non-performing assets (NPAs) or bad loans, sources said.....
Rs 35 Lakh In Demonetised Notes Seized In Kashmir, 2 Arrested
Two brothers were arrested in Kashmir on Saturday allegedly with demonetised currency of Rs 35 lakh while they were boarding a train.....
ICICI Bank, SBI Saw Most Frauds In First 3 Quarters
Private sector ICICI Bank suffered the most number of frauds during the first nine months of the current fiscal, while state-run State Bank of India took second place in this regard, Reserve Bank of India (RBI) has revealed.....
All Cash Withdrawal Limits Go Back To Pre-demonetisation Era
All limits on savings bank cash withdrawals post-demonetisation ended on Monday, as had been announced by the Reserve Bank of India (RBI) last month. ....
US Fed Likely To Hike Interest Rate On Wednesday
Market expectations of an interest rate hike by the US Federal Reserve later on Wednesday have heightened sharply following strong employment data released last week.....
