In Oct 2017, govt announced recapitalisation of PSBs to tune of Rs 2.11 lakh cr over current and next financial year.
29 Mar 2018 12:00 PM
Union Bank shares were trading 8.3 per cent down at 86.85 rupees.
23 Mar 2018 1:37 PM
Under the new rules, banks will have to file for insolvency proceedings against loan defaulters with Rs 2,000 crore or more.
21 Mar 2018 5:44 PM
Demonetisation and GST implementation hurdles and continuing global recovery provide the stimuli to the country's trade and GDP growth
21 Mar 2018 5:29 PM
Goldman Sachs lowered its real GDP forecast on India for year to March 2019 to 7.6 per cent from 8 per cent earlier.
20 Mar 2018 3:53 PM
The accused allegedly cheated the Canara Bank to the tune of approximately Rs 68.38 crore.
19 Mar 2018 8:20 PM
The petitioner cited several instances where the farmers had to either commit suicide or face the wrath of the bank officials.
17 Mar 2018 1:41 AM
RBI said the decision to discontinue practice of LoUs and LoCs for trade finance comes into force with immediate effect.
13 Mar 2018 7:17 PM
RBI had asked banks to connect SWIFT interbank messaging system with their core banking software by April 30.
10 Mar 2018 10:38 AM
Punjab National Bank alone reported 158 cases of fraud in 2016-17.
10 Mar 2018 10:24 AM
Bank has written a letter to banking sector regulator seeking its opinion on making provisions for fraud.
09 Mar 2018 11:29 AM
TDP was demanding special status for Andhra Pradesh while AIADMK sought immediate setting up of Cauvery River Management Board.
08 Mar 2018 2:47 PM
RBI set a April 30 deadline for integrating banks’ internal software and SWIFT.
06 Mar 2018 12:26 PM
ICICI Bank led a consortium of 31 banks that lent money to Mehul Choksi’s Gitanjali group.
06 Mar 2018 11:47 AM
RS was adjourned amid uproar over Rs 12,700-cr PNB scam and other issues including TDP demanding special package for AP.
05 Mar 2018 4:19 PM
Congress members trooped into the Well with placards demanding a reply from the PM on Nirav Modi's whereabouts.
05 Mar 2018 2:18 PM
Gitanjali Gems has lost as much as 70 per cent since February 14, the day the PNB fraud came to light.
05 Mar 2018 12:35 PM
The Lok Sabha and Rajya Sabha meets on Monday after a month-long recess in the session.
05 Mar 2018 11:52 AM
The ED has seized diamonds and other valuables to the tune of around Rs 5,700 crore from Modi’s jewellery outlets.
05 Mar 2018 1:36 AM
The agency arrested the retired second senior-level internal auditor of the bank for allegedly overlooking the irregularities during the audit.
03 Mar 2018 1:38 AM