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.…
27 SEP 2016
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Govt to go ahead with Bhartiya Mahila Bank, SBI subsidiaries merger: Jaitely
The Centre will go ahead with the merger of associates banks and Bhartiya Mahila Bank with SBI, since the union…
21 SEP 2016
Equitas pays high cost loans
Chennai based Equitas Holdings Ltd, recently granted small finance bank status by Reserve Bank of india, is in the process…
21 SEP 2016
NPAs to dip on high industrial capacity utilisation, says SBI chief
The stressed assets level in the banking Sector will take a dip, once the key industrial sectors start functioning at…
20 SEP 2016
Bank deposits growth rate surged to its maximum in more than a decade
Flow from the 7th Pay Commission payments and doubled credit to deposit ratio, causes bank deposits growth rate to be…
20 SEP 2016
For first time in last 6 years, 9% growth in bank financed projects
Capital expenditure financed by banks and Financial Institutions (FIs) has gone up in current financial year for the first time…
20 SEP 2016
Anuradha Rao appointed SBI MF’s MD, CEO
SBI Mutual Fund has appointed Anuradha Rao as its Managing Director and Chief Executive. “Rao has been appointed as the…
05 SEP 2016
Humanoids may soon greet you at HDFC Bank branches
Don’t be taken aback if you find a robot at your HDFC Bank branch greeting you soon, as the second…
30 AUG 2016
30 major banks to undergo IT examination
The Reserve Bank of India (RBI) has plans to conduct IT examination in 30 major banks of the country during…
30 AUG 2016
Government funding saves PSBs
It seems a timely help by the central government has come as a relief for the Public Sector Banks (PSBs).…
30 AUG 2016
