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
Bank of Baroda
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Connectivity a must for rural parts: GB Bhuyan
GB Bhuyan, General Manager (Financial Inclusion), Bank of Baroda, advocates seamless connectivity in far-flung areas to render financial services to people.…
26 APR 2016
FM allocates Rs 25,000cr for state-run banks’ recapitalisation
Announcing the Union Budget 2016, the Finance Minister, Arun Jaitley, has allocated Rs 25,000 crore towards the recapitalisation of high-levels…
01 MAR 2016
Take a selfie, open a bank account
Now you can create your account with a selfie! All you’d have to do is upload a selfie, a photo…
02 FEB 2016
New EDs roped in by public sector banks
In a recent shuffling for enabling new roles and responsibilities, 10 new executive directors (EDs) have been appointed to various public sector…
23 JAN 2016
Jan Dhan deposits cross Rs. 25000 crore mark
Deposits in accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have exceeded Rs. 25,000 crore which has come…
14 OCT 2015
KP Kharat takes charge as IDBI MD and CEO
Kishore Piraji Kharat has taken charge as the Managing Director and Chief Executive Officer of IDBI Bank with effect from…
19 AUG 2015
Ranjan Dhawan gets additional charge as MD of Bank of Baroda
The Government has given additional charge of Managing Director and CEO of Bank of Baroda (BoB) to Ranjan Dhawan, the…
02 MAR 2015
Govt to infuse Rs 6,990 crore in nine PSBs; SBI leads the pack
Government has announced a capital infusion of Rs 6,990 crore in nine public sector banks including State Bank of India…
09 FEB 2015
India allows state-run banks to sell shares for capital boost
The state-run banks have been allowed to raise as much as 1.6 trillion rupees ($26 billion) from share sales to…
11 DEC 2014
