RBI penalises Syndicate Bank for breaching KYC norms
The Reserve Bank of India (RBI) has penalised public lender Syndicate Bank for breaching the Know Your Customer (KYC) norms.…
16 DEC 2017
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H N Sinor quits Bank Board Bureau
In an unexpected move, veteran banker H N Sinor has quit as the member of Bank Board Bureau (BBB). The…
13 MAY 2017
Karnataka’s Sherewad is now a digital banking village
In a move towards realising Prime Minister Narendra Modi’s Digital India dream, Karnataka Vikas Grameen Bank (KVGB) has declared Sherewad…
05 JAN 2017
Canara Bank chosen as a partner for HEFA
The government has chosen Canara bank as the joint venture partner for the establishment of a Higher Education Financing Agency.…
12 OCT 2016
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
LIC Chairman resigns two years ahead of term
State-run Life Insurance Corporation of India (LIC) chairman S K Roy has reportedly tendered resignation two years before his term…
23 JUN 2016
State-run banks to get Rs. 5,050Cr govt support
The state-run banks are likely to get a sum of Rs.5,050Cr from the Government of India to be spent on…
29 MAR 2016
SBI launches ‘flexi’ home loan
In a bid to attract young customers, top lender State Bank of India (SBI) has launched a new home loan…
02 FEB 2016
Govt may infuse over Rs.70,000cr capital into PSBs
The Finance Ministry is considering infusing more than the announced Rs 70,000 crore in public sector banks to help strengthen…
25 JAN 2016
IRDA wants banks to share ‘Bancassurance’ mis-selling responsibility
The trend of selling insurance products through commercial banks, or Bancassurance, may be at risk, as the Insurance Regulatory &…
20 OCT 2015
