PNB posts worst loss in Indian banking history, registers Q4 loss of Rs 5,370 cr
Government-run lender Punjab National Bank has registered the largest quarterly loss ever reported by an Indian lender. PNB posted a…
20 MAY 2016
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Banks continue to reel under bad loans; five banks reported loss
Major Indian banks continue to have a nightmarish experience because of escalating bad loans in the quarter ended 31 March.…
14 MAY 2016
Debt recovery Bill referred to Joint Committee of Parliament
Finance Minister Arun Jaitley introduced the Enforcement of Security Interest and Recovery of Debt Laws and Miscellaneous Provisions (Amendment) Bill,…
12 MAY 2016
Bank unions propose nation-wide stir on July 29
In order to lodge protest against banking reforms proposed by the Union Government, United Forum of Bank Unions (UFBU) —…
12 MAY 2016
Punjab and Sind Bank posts Rs 98 cr profit in Q4
State-run Punjab and Sind Bank on Tuesday posted a profit of Rs 98.12 crore for the March quarter despite a…
11 MAY 2016
SBI launches mobile app to enable card-less payments
In a move to enable customers to make payments without swiping their cards on the point-of-sale (PoS) devices, State Bank…
05 MAY 2016
Appraisal baton passes from bosses to software in SBI
In order to accurately assess employees’ performance, the State Bank of India (SBI) has introduced automated employees’ appraisal system which…
02 MAY 2016
Empowering weaker section of society
Narmada Jhabua Gramin Bank (NJGB), Chairman, K V Raghavendra, in an interview with The Banking and Finance Post magazine, talks…
30 APR 2016
DoP seeks Cabinet’s nod for payments bank
Department of Posts (DoP) has sought Cabinet approval for its payments bank proposal involving a project cost of Rs 800…
29 APR 2016
Nabard woos banks to open branches in Maoist-infested areas
In an attempt to strengthen presence of banking network in the Maoist-infested districts across India which lack in banks, the…
29 APR 2016
