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
UCO Bank
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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
Finance Ministry to invest Rs5,000cr into PSBs
The Ministry of Finance will invest Rs500cr in public sector banks (PSBs) to boost their capital. However, it will depend…
15 DEC 2015
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
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
