Tag: Banks
17 Results
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Bereft of morals
The greatest cause of concern in the current scenario is that in most cases, the bureaucrats who keep their hands under the table and the politicians who change parties as frequently as we change clothes, are regular guys who behave normally till they get a whiff of money.
November 21, 2019 -
Bank unions defer two-day strike after assurance from Finance Ministry
Four unions of bank officers had threatened to go on a two-day strike from September 26 to protest against the consolidation of 10 state-run lenders into four.
September 24, 2019 -
Bank officers to go on strike against mergers from Sept 25-27
The Centre had on August 30 announced four mega public sector bank mergers.
September 13, 2019 -
PSU banks lose BSE after the announcement of bank merger
Punjab National Bank which will be merged with the Oriental Bank of Commerce and United Bank of India, fell over 7 per cent, the most among the state-run banks constituting the PSU Bank Nifty index.
September 3, 2019 -
‘Clearing path for $5 trillion economy’: Nirmala Sitharaman announces 4 mega public sector bank mergers
With today's announcement, post consolidation, India will have 12 Public Sector Banks from 27 Public Sector Banks.
August 30, 2019 -
After RBI order, State Bank of India waives IMPS, NEFT, RTGS charges
Before July 1, SBI used to charge between Re 1 and Rs 5 for transactions through NEFT, and Rs 5-50 for RTGS route.
July 12, 2019 -
Senior citizens appeal to raise interest on FDs
Claim that monthly income at the current interest rate insufficient.
July 1, 2019 -
SC directs RBI to disclose annual inspection reports of banks under RTI, warns of contempt
The apex court and the Central Information Commission had earlier held that the RBI cannot refuse to put the inspection reports in the public domain under the transparency law.
April 26, 2019 -
Feel sorry for Jet Airways and Naresh Goyal: Vijay Mallya
Alleged the government saying it is discriminating between public sector and private airlines
April 17, 2019 -
Banks need to lend Rs 1 lakh crore to meet MUDRA target for FY19
With less than one month left in the current fiscal, banks will have to work overtime to meet the MUDRA loan lending target of Rs 3 lakh crore, as only about Rs 2 lakh crore have been disbursed till February 22.
March 3, 2019 -
Why is PM Modi not instructing banks to accept my offer, tweets Vijay Mallya
Fugitive economic offender Vijay Mallya on Thursday posted a series of tweets asking why Prime Minister Narendra Modi was not instructing banks to accept the money he is offering to pay off the loans on Kingfisher.
February 14, 2019 -
Setback for operational creditors as SC upholds insolvency code
The verdict upheld the Section 29A of the Code that bars promoters of a company facing insolvency proceedings from bidding to regain its control.
January 25, 2019 -
Banks and No Banking
In the event, the singular achievement is the five-day break ~ or nearly so ~ in the season of jollity. It beggars belief that for all the proud boasts of growth and development, the country has to make do without banking for close to a week. That very thought would be anathema in any civilised society.
December 23, 2018 -
Jai Ram urges banks to increase credit-deposit ratio
He said that the banking sector should create conducive atmosphere for people to go for institutional loans.
October 10, 2018 -
RBI eases cash reserve rules for banks, promises to meet liquidity needs
The move by the central bank follows concerns over tight liquidity conditions and banks' unwillingness to lend to NBFCs.
September 27, 2018 -
Centre raises interest rate on small savings by up to 0.4 per cent
However, interest on savings deposits has been retained at 4 percent, annually.
September 20, 2018 -
Banks across India to remain open in September first week
It said the week was starting with Janmashtami on Monday, September 3, and then the banks would go on strike for demands related to pension.
August 30, 2018