Government closes 35 overseas PSB branches; puts 69 offices under review
The Centre has ordered the shutting down of 35 overseas branches of Indian Public Sector Banks (PSBs) and also reviewing…
03 MAR 2018
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SBI revises lending rates, EMIs to go up
Public sector lender State Bank of India (SBI) has increased its cost-based lending rates (MCLR) across various maturities. This revision…
01 MAR 2018
India’s GDP reports 7.2% surge in December quarter
India’s Gross Development Product grew at a rate of 7.2 per cent in December quarter, in sync with the inflating…
28 FEB 2018
PSBs get 15 days deadline for strict actions to address risks
Ministry of Finance has given 15 days deadline to Public Sector Banks (PSBs) to design a pre-emptive deadline to combat…
28 FEB 2018
PNB branch blamed for fraud left unaudited for 9 years
While the accusations pertaining to Rs 12,636 crore Punjab National Bank’s scam has begun, the audit controls are also blamed…
28 FEB 2018
PNB Board pushes for stricter transfer policy
Public lender Punjab National Bank (PNB) has decided to push stricter transfer policy and ensure strong measures to curb the…
27 FEB 2018
Bank union withdraws March 15 strike plan
The United Forum of Bank Employees Unions (UFBU) has withdrawn its decision of nationwide strike on March 15, in the…
26 FEB 2018
Zoomcar partners Paytm for seamless customer experience
Car rental brand Zoomcar has joined hands with Paytm to offer a seamless experience to the customers in alignment with…
26 FEB 2018
SBI to restructure UK business from April
Public Sector lender State Bank of India (SBI) is planning to restructure its business in the United Kingdom (UK) from…
25 FEB 2018
CBI arrests Rotomac owner and son in Rs 3,695 crore fraud case
The Central Bureau of Investigation (CBI) has arrested Vikram Kothari, Owner of Rotomac Pens and his son Rahul for allegedly…
23 FEB 2018
