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The CBI alleged that the exchange had not fulfilled the criteria for acquiring the status.

Delhi HC takes notice of ED chargesheet in loan fraud case

They were named as accused in the cases by the the agency and the Central Bureau of Investigation (CBI).

29 July 2018 12:22 AM GMT

Total income, however, rose to Rs 5,322.33 crore for the third quarter of 2018-19 as against Rs 5,093.43 crore in same period last year: Andhra Bank.

Andhra Bank's net loss widens to Rs 579 cr in Q3 as bad loans spurt

Andhra Bank had posted a net loss of Rs 532.02 crore in the October-December quarter previous fiscal.

12 Feb 2019 6:17 AM GMT

Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.

Mobile tower scam: 3 dupe 1,000 investors', arrested

Based on a tip-off, the officials raided different areas in Manesar and Faridabad and the three accused were arrested,...

13 March 2019 7:58 PM GMT

Punjab National Bank. (File pic)

Punjab National Bank may take OBC, Andhra, Allahabad bank in fold

This could be the one of the first decisions to be taken by the new government after election results are announced on...

22 May 2019 7:05 AM GMT

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Boards of Allahabad, Andhra Bank schedule meeting for merger proposals

Following next year, Bank of Baroda had merged Vijaya Bank and Dena Bank with itself.

12 Sep 2019 3:44 AM GMT

Union bank. (Photo- PTI)

Union Bank expects Rs 2,500 cr benefits due to amalgamation: CEO

Amalgamation will create an employee base of 75,000, of which 37,000 are from Andhra Bank and Corporation Bank put...

29 March 2020 10:41 AM GMT

The Board of Vijaya Bank has given its approval to a government proposal of consolidation with Bank of Baroda and Dena Bank as per reports from ANI.

Vijaya Bank gives nod to proposal of merger with Bank of Baroda, Dena...

The merger entity of Vijaya Bank, Dena Bank and Bank of Baroda will become the third largest lender in India.

30 Sep 2018 9:45 AM GMT

The government, which reportedly asked the RBI last month to make a list of candidates for mergers and set a time-frame for bank consolidation, is going full steam ahead on its plan to clean up the banking system and create fewer, better-capitalised lenders.

PNB, OBC, Andhra Bank next in line for merger

Govt studying amalgamation of three PSBs, say sources.

24 Sep 2018 9:47 AM GMT

Finance Minister Nirmala Sitharaman. (PTI Photo)

Govt to bring amendments to two Acts to enable privatisation of PSU...

Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75...

16 Feb 2021 5:12 PM GMT

Four arrested for looting multi crore jewelery shop. (Photo:PTI)

Nashik bank manager booked in cheating case

The case came to light after an official from TDCM approached the Cuffe Parade police a week ago.

8 May 2017 8:53 PM GMT

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Bank stocks rise by 7.7% due to RBI's bad loan identification

The central bank identified 12 accounts for insolvency proceedings with each having over Rs 5,000 crore of outstanding...

14 Jun 2017 12:49 PM GMT