Weekly Newsletter | 27 September 2016 | Volume 02 | Issue 35
In Focus
SBI’s associate banks soon to submit report on merger to RBI
Taking part in the amalgamation process within the SBI group, its associated banks are soon going to submit the scheme of acquisition to Reserve Bank of India (RBI)...
Latest News
Bank of India offloads 18% of its stake in Star Union Dai-ichi life insurance
State-owned Bank of India has sold its 18 per cent stake in Star Union Dai-ichi Life Insurance Company (SUD). BOI has sold its share to Dai-ichi Life...
Niti Aayog mulls making India ‘Blue Economy’
To integrate, defence and internal security with a 15-year vision, the Niti Aayog has started a consultation process...
Australia’s Commonwealth Bank to shut down Indian operations
Australia’s largest lender Commonwealth Bank, with $695 billion in assets is the latest banking foreign bank is closing its Indian business...
Food procurement: Punjab govt wants banks to restructure Rs 21,000 cr debt
The Government of Punjab has asked the State Bank of India(SBI)-led consortium of banks to treat their outstanding loan of Rs 21,000 crore as a “soft loan”...
United Bank of India gets Rs 608 crores from Govt
United Bank of India (UBI) has received Rs 608 crores from the central government through preferential allotment of equity shares...
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