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
Rbi regulators
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Rbi regulators
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
MoU between RBI and Central Bank of UAE gets green signal from Cabinet
The Union Cabinet has given its ex-post facto approval to the memorandum of understanding (MoU) between the Reserve Bank of…
05 MAY 2016
Airtel set to roll out payments bank in the second quarter
Bharti Airtel’s subsidiary Airtel M-commerce services is all set to start a payments bank in the second quarter of the…
05 MAY 2016
Building technologies for a better tomorrow: Integra Micro Systems
According to the Reserve Bank of India (RBI) statistics, around 40 per cent of the country’s population has access to…
04 MAY 2016
RBI to introduce mechanism to check electronic fraud
If everything falls in the right place, Reserve Bank of India (RBI) would soon introduce a regulatory mechanism to prevent…
04 MAY 2016
