Lakshmi Vilas Bank crisis: Here's why you should not keep more than Rs 5 lakh in one bank
The failures of Indian banks in the recent times has taught us simple reasons as to why, perhaps, it is good to keep only Rs 5 lakh in a bank.
Nov 19, 2020, 10:04 AM IST
Do you have an account in this bank? 50 branches affected due to merger
The bank has already surrendered two floors in Central Mumbai's upscale Indiabulls Finance Centre, which houses its corporate offices.
Oct 26, 2020, 14:35 PM IST
Rajasthan Cooperative bank employees’ salary doubled from July 1 --Check details
The revised fixed pay will be effective from July 1, 2020.
Jul 03, 2020, 11:59 AM IST
Banks go for stress test to assess the impact of COVID-19 on NPAs
Since the quarter as well as the financial year has ended, it is prudent to undertake the stress test to have a better view of the financial health, banking sources said.
Jun 26, 2020, 17:23 PM IST
Bank credit growth will nosedive to 1% due to COVID-19 impact: Crisil
Domestic rating agency Crisil, which estimates bank credit growth to come at 0-1 per cent in this financial year, had earlier predicted it to expand by 8-9 per cent.
Jun 08, 2020, 17:41 PM IST
SEBI eases compliance norms on consolidated results for banks, insurance cos
Sebi has also eased compliance requirement related to dividend warrants or cheques.
May 12, 2020, 17:00 PM IST
Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII
The government should provide partial credit guarantee to banks as a shield from risk averseness arising out of lending to non-banking financial and microfinance companies, as liquidity is needed at a time when the economy is suffering a blow due to the global coronavirus outbreak, industry body CII said on Sunday.
Apr 19, 2020, 19:53 PM IST
Hilary Duff all smiles while shopping with daughter
Hilary Duff kept it casual and showed off her curves in black leggings with a white T-shirt under an olive-green jacket.
Nov 25, 2019, 09:10 AM IST
Liquidity not a problem, says Finance Minister Nirmala Sitharaman after meeting private banks
The Union minister said that many of the MFIs and micro-finance units which were present during the meeting work in remote parts of India and they said that demand is still high in those areas and they are extending loans.
Sep 26, 2019, 20:27 PM IST
Banks to remain closed for 4 days in September, check the dates here
The strike has been called by All India Bank Officers' Confederation (AIBOC), All India Bank Officers' Association (AIBOA), Indian National Bank Officers' Congress (INBOC), National Organisation of Bank Officers (NOBO) following the recent government announcement to merge 10 public sector banks into four.
Sep 15, 2019, 10:23 AM IST
Banks can use Aadhaar for KYC with customer's consent: RBI
The RBI specifies Know Your Customer (KYC) norms to be followed by banks and other entities regulated by it for various customer services, including opening of bank accounts.
May 30, 2019, 10:46 AM IST
Supreme Court questions RBI as plea alleges violation of RTI, seeks contempt case against Urjit Patel
Two pleas in the top court seek contempt proceedings against the central bank and its former Governor Urjit Patel for non-disclosure of information under RTI about some banks.
Jan 25, 2019, 21:18 PM IST
Bankers to go on 2-day nationwide strike, services likely to be hit
The strike has been called on January 8 and 9.
Jan 05, 2019, 22:48 PM IST
Morning Breaking: Cabinet approves merger of Vijaya Bank, Dena Bank & Bank Of Baroda
The Cabinet Committee on Economic Affairs (CCEA) has approved the merger of state-run Vijaya Bank, Bank of Baroda and Dena Bank. This marks the first-ever three-way merger in the country's banking sector.
Jan 03, 2019, 08:36 AM IST
Banking operations affected as workers go on second nation-wide strike
Last week, bank workers went on a strike called by the All India Bank Officers` Confederation (AIBOC).
Dec 26, 2018, 11:04 AM IST
Public sector banks to go on strike on Wednesday, services to be affected
This will be the second bank strike in less than a week. Private sector banks will continue to function as usual.
Dec 25, 2018, 18:30 PM IST
Banks closed for 5 days due to strike and holidays
In the wake of strikes and holidays, the banks will remain closed from next Friday to Wednesday, except Monday and the banking services could adversely be affected on these days.
Dec 21, 2018, 09:56 AM IST
Morning Breaking: Banks to remain closed 5 days due to strike and holidays
In the wake of strikes and holidays, the banks will remain closed from next Friday to Wednesday, except Monday and the banking services could adversely be affected on these days.
Dec 21, 2018, 08:44 AM IST
Banks may remain shut for five days due to strikes, holidays
In the wake of strikes and holidays, the banks will remain closed from next Friday to Wednesday, except Monday and the banking services could adversely be affected on these days.
Dec 19, 2018, 19:24 PM IST
Banks shut for six days? Finance Ministry clears the air
Rumours have been doing the rounds on social media that banks across the country would remain closed for business in the first week of September.
Aug 31, 2018, 16:20 PM IST
