India’s gross domestic product growth for the third quarter of the current financial year (Q3 FY26) will likely remain elevated at 8.3 per cent, driven by demand fuelled by goods and services tax (GST) rate cut despite an unfavourable base effect, a report has said.
Public sector lender Union Bank of India on Wednesday announced plans to raise up to Rs 6,000 crore through a mix of equity and debt instruments.
The company had availed various credit facilities from the bank which turned into a non-performing asset in 2013, and the account was declared fraud in 2020 after a forensic audit by the KPMG.
Sources says that banks have decided that for invoking the personal guarantees, only the lead lender in each case will go to the NCLT.
Ranjan has been with the Bank since 2008. He was Chief General Manager, responsible for steering Bank’s vision and goals including strategic agenda of end-to-end digitisation.
Union Bank of India Regional Office, Siliguri, collected funds and distributed relief materials to around 200 needy people.
The reduced EBLR will come into effect from April 1 onwards.
One year MCLR now stands at 8.10%, down from 8.20%.
Union Bank recruitment: Interested candidates should apply online on the official website. The last date to apply online is March 29, 2019.
Yet another bank fraud has come to light, with the CBI filing a case against Hyderabad-based Totem Infrastructure Ltd (TIL)…
