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Punjab National Bank (PNB)will take care of problems emanating from Rs 13,000-crore fraud perpetrated by billionaire jeweller Nirav Modi on its own and will not seek any governments assistance, its managing director Sunil Mehta said.

Indian Banks Association elects PNB's Sunil Mehta as chairman

Rajnish Kumar and Shyam Srinivasan, will continue as deputy chairmen of IBA.

31 Aug 2018 6:59 PM IST

Finance Minister Arun Jaitley

Amid cash rush, banks may hire retired staff to deal with customers:...

The finance ministry also said banks may plan and support the officers and employees working in late hours.

15 Nov 2016 8:22 PM IST

Deputy Governor S S Mundra

RBI asks banks to enable account number portability

Banks should look forward to providing more choices to the new generation of customers.

31 July 2017 8:35 PM IST

Implementation of GST it does not seem will meet its actual deadline of Aril 1, 2017 as both the Centre and the states have failed to arrive on an agreement over contentious issues.

Banks not ready for GST, says Indian Banks' Association

The IBA further said that several services by banks to customers are centralised while several others are localised.

5 Jun 2017 3:34 AM IST