Tag: Bank
17 Results
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Odisha Govt plans to implement land bank scheme for compensatory afforestation
The government is intent on making use of the latest provisions of forest laws for expeditious implementation of the critical infrastructure and development projects, Chief Secretary Mahapatra said.
January 19, 2022 -
IPPB operated by the India Post crosses five crore customer mark in three years
The Ministry claimed that India Post digital bank has become one of the fastest-growing digital payment banks in the country which has opened five crore accounts in digital and paperless mode through 1.36 lakh Post Office including 1.2 lakh rural post officers
January 18, 2022 -
Afghanistan’s central bank trying hard to stabilise crippling economy
The country's central bank has said that it has held several meetings with foreign exchange dealers, representatives of commercial banks
December 15, 2021 -
3 HDFC bank staff, 9 others try to siphon funds from NRI account, held
Preliminary investigation revealed that the kingpin learnt about a dormant NRI account with huge funds and with the help of the female HDFC employee, got a cheque book of the account concerned and lifted the freeze on the account.
October 19, 2021 -
ICICI Venture infuses Rs 160 cr in room AC maker Epack Durable
he investment has been done by India Advantage Fund Series 4 and Dynamic India US S4 I, which are funds advised by ICICI Venture.
October 7, 2021 -
HDFC Bank aims to double rural presence, hire 2,500 people
HDFC Bank said that after the expansion, the bank's reach will increase to a third of the villages in the country.
September 26, 2021 -
The Rural Urban divide
If we want to have financial inclusion in real sense Banking has to be treated as a basic infrastructure like health, primary education, roads, electricity and drinking water.
August 20, 2021 -
Bank strike
Fifty-two years after the nationalisation of banks, the contentious issue is privatisation of two banks, as proposed in the Budget 21-22, that was presented in the Lok Sabha on February 1 by finance minister Nirmala Sitharaman.
February 12, 2021 -
The village bank
Most development programmes are a grim reminder of how mechanically trying to meet targets can completely undermine the integrity of a veritable economic and social revolution to such an extent that a counter-revolution can be set into motion. But we refuse to learn lessons
February 2, 2021 -
The NPA Conundrum
The principal factor for accumulating bad loans in the Indian banking system is exaggerated economic growth expectations and over-ambitious projections erroneously or otherwise accepted by lending institutions
November 30, 2020 -
Small is Beautiful
We would do well to shun our pursuit of the extraordinary, to the detriment of the ordinary. Let us set simple goals for ourselves, to be achieved at our natural pace; the first one being that no man should sleep hungry or stay permanently unhappy
September 24, 2020 -
Prima facie it looks frivolous: HDFC Bank on lawsuit plan in US
The global investor rights law firm earlier announced an investigation of potential securities claims on behalf of the shareholders of HDFC Bank following allegations that the bank may have issued materially misleading business information to the investors.
August 18, 2020 -
IDBI to activate repo-linked retail loans from Oct 1
On September 4, RBI mandated banks to link fresh retail loans to an external benchmark like repo-rate. The move is aimed at including fresh retail and MSME loans from October 1 where home and auto loans will get cheaper.
September 9, 2019 -
Bank fusion won’t assist to restore bad loans: AIBEA
Opposing the merger of 10 public sector banks into four, C. H. Venkatachalam, General Secretary of AIBEA, in a statement issued here said in the name of banking reforms the government is enabling banks to help corporates.
August 31, 2019 -
One dead, 10 hurt as ceiling of bank collapses in Maharashtra’s Solapur; 10 feared trapped
Some patients also fell down with the crashing slab as there was a small clinic on the upper floor of the ground-plus-storied structure.
July 31, 2019 -
20 feared trapped as roof of building housing bank collapses in Maharashtra’s Solapur
The incident comes barely two weeks after a residential building crumbled to the ground in the Dongri area of Maharashtra’s Mumbai killing at least 14 people.
July 31, 2019 -
PM Modi launches India Post Payments Bank, accuses UPA of forcing banks to give bad loans
Speaking at the event, the PM took a jibe at the Congress accusing the party of forcing banks to give loans to known defaulters.
September 1, 2018