Weekly Newsletter | 04 August 2016 | Volume 02 | Issue 29
In Focus
SBI identifies 7 lakh Jan Dhan accounts for overdraft facility
The State Bank of India (SBI) has identified 7 lakh accounts, opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY)...
Latest News
Need to maintain regulations in banking, says SBI chief
Underscoring the twin importance to maintain credibility and draw foreign capital, SBI Chairman Arundhati Bhattacharya has said banks...
National Cooperative Union of India in search of chief
National Cooperative Union of India (NCUI) has launched search for its next chief executive, in the light of the search committee identifying...
PACCS to be computerised in three years: Siddaramaiah
Karnataka Chief Minister Siddaramaiah has said Primary Agricultural Credit Co-operative Societies (PACCS) of the state will be computerised...
Saraswat Bank’s Board re-elected
India’s largest urban cooperative bank Saraswat Bank’s board members have been re-elected unopposed, based on their good performance in last fiscal...
Sahakar Bharati leader calls for achieving 12% capital adequacy
Uday Joshi, a senior leader of Sahakar Bharati, one of the premier social organizations in the country’s cooperative sector, has called for attaining...
HDFC standalone net up 37%
Continuing a strong performance, the HDFC booked a 37 percent year-on-year (y-o-y) growth in net profit during first quarter of this fiscal (FY17)...
Retail biz to account for 20% of advances, says IDFC Bank chief
The IDFC Bank hopes retail sector to account for one-fifth of advances and 10-12 percent of deposits by end of current fiscal, as it accelerates...
Yes Bank Q1 profit reaches Rs.731.8 crore, up 33%
Private sector lender YES Bank’s net profit grew 32.8 percent in the first quarter of this fiscal (FY17) to Rs.731.8 crore (Rs.551.2 crore in Q1 FY16)...
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