Tag: banks
In a bid to discourage cash transactions, from March 1, customers carrying out financial transactions at HDFC Bank and ICICI bank branches will have to pay a fee if the number of transactions exceed beyond four.....
Key Indian equity indices on Wednesday traded with substantial gains during the mid-afternoon session, with the barometer 30-scrip Sensitive Index (Sensex) of the BSE hitting the 35,000-mark on an intra-day basis for the first time.....
Following the multi-crore Punjab National Bank (PNB) fraud, public sector banks have been asked to obtain passport details of borrowers taking more than Rs 50 crore so that information is quickly available in case any loan-taker flees the country.....
Following a cycle of rate cuts begun in January 2015, the RBI on Wednesday raised its key interest rate for the first time by 25 basis points to 6.25 per cent, a central bank announcement said.....
Former RBI Governor Raghuram Rajan has said that a big number of non-performing assetes (NPAs) originated in 2006-08 when India's economic growth was strong while some banks proved inadequate in making proper due diligence....
Finance Minister Arun Jaitley on Tuesday held the central bank responsible for the mountain of bad loans, saying the Reserve Bank looked the other way when banks lent indiscriminately during 2008-14 to keep the economy humming.....
Bank of Baroda (BoB) has alloted Rs 52.42 crore worth of shares to the shareholders of the Vijaya Bank and Rs 24.84 crore shares to those of Dena Bank as the merger of the three banks came into effect on Monday.Bank of Baroda (BoB) has alloted Rs 52.42 crore worth of shares to the shareholders of the Vijaya Bank and Rs 24.84 crore shares to those of Dena Bank as the merger of the three banks came into effect on Monday.....
Indian banks have technically written off a staggering amount of Rs 68,607 crore due from 50 top wilful defaulters, including absconding diamantaire Mehul Choksi, according to a reply under RTI from the Reserve Bank of India (RBI).....
Congress leader Rahul Gandhi has attacked the government over privatization of banks and extended his solidarity to the bank employees, who are laready on a two-day strike. ....
Historic budget with growth as the centre piece. Pump priming the economy to strengthen recovery. ....