Bank
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MP man imparts education to under privileged on banks of Narmada
News | Nov 13, 2020, 11:40 AM ISTMadhya Pradesh man is doing his bit to impart education to underprivileged children with his sincere efforts in Jabalpur.
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Banks cheated as 8 men secure credit cards by producing forged documents in Delhi; all arrested
Crime | Nov 07, 2020, 10:39 AM ISTThe Delhi Police Saturday arrested eight persons for cheating banks by getting credit cards on the basis of forged documents. The arrests were made by the Economic Offence Wing.
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Asked banks to pay difference in interest to borrowers: RBI to SC
Business | Nov 01, 2020, 08:56 PM ISTThe RBI has informed the Supreme Court that it has asked the banks, and financial institutions as well as the non-banking financial institutions to take "necessary actions" to credit the accounts of eligible borrowers, by November 5, with the difference between compound and simple interest collected on loans of up to Rs 2 crore during the moratorium scheme.
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Former Chairman of Karnataka Bank dead
India | Oct 11, 2020, 12:14 PM ISTFormer chairman and CEO of the city-based Karnataka Bank, Ananthakrishna, died at a private hospital here on Sunday after a brief illness, family sources said. He was 74.
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Lakshmi Vilas Bank Directors voted out by part of promoter group, institutions, public
Business | Sep 27, 2020, 04:50 PM ISTEven as shareholders of Lakshmi Vilas Bank voted out a majority of the board members, including promoter K.R. Pradeep, the voting pattern, as per the regulatory filing, shows some interesting aspects.
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Gujarat: Thief accidentally slits his own throat while robbing bank, dies
India | Aug 11, 2020, 11:47 AM ISTA thief accidentally killed himself by slashing his throat from the electric cutter he was using to rob a bank in Gujarat's Vadodara district. According to the police, the incident took place on the intervening night of Saturday and Sunday.
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Fire breaks out at bank in Kolkata's BBD Bagh; no injury
India | Jul 31, 2020, 12:36 PM ISTThe incident was reported at the India Exchange Place branch of the Union Bank at 8.15 am and six fire tenders were rushed to the spot, the official said.
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Bank employees 15 per cent hike in salary, Performance-Linked Incentive explained
Business | Jul 24, 2020, 02:32 PM ISTBank employees' unions and the Indian Banks' Association (IBA) have reached an agreement for a 15 per cent annual hike in wages. The two parties also agreed for the introduction of Performance Linked Incentive (PLI). What you need to know.
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Odisha: Woman drags mother on cot after bank demands physical verification to withdraw pension money
India | Jun 15, 2020, 07:41 AM ISTIn an unfortunate incident, a video of a woman dragging her mother on a cot to a bank in Odisha's Nuapada district surfaced recently. The woman was seen dragging her 100-year-old mother on a cot to a bank to withdraw her pension money allegedly after the bank asked for physical verification.
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Gold items go missing from SBI branch safe in Madhya Pradesh
India | Jun 13, 2020, 09:31 AM ISTOver a hundred packets of gold items have allegedly gone missing from State Bank of India's (SBI) station road branch here, a police official saidon Friday.
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Attention job seekers: SBI invites applications for CFO post; offers annual package of Rs 1 crore
Jobs | Jun 10, 2020, 11:06 PM ISTThe country's largest lender State Bank of India has invited applications from eligible candidates for the post of Chief Financial Officer (CFO) on contract basis at a salary package of Rs 1 crore, three times more than its chairman's.
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Bank NPAs may worsen to 11.6% by end of this fiscal due to coronavirus pandemic: Report
Business | Jun 04, 2020, 06:56 PM ISTGross non-performing assets (NPAs) of banks are likely to worsen to 11.3-11.6 per cent by the end of this financial year from 8.6 per cent as of March 2020, due to disruptions caused by the coronavirus pandemic, according to a report.
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Telangana woman dies in queue at bank to draw aid
India | Apr 18, 2020, 08:36 AM ISTA woman collapsed and died while waiting in the queue before a bank in Telangana on Friday to draw the Rs 1,500 financial assistance extended by the state government.
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Loan moratorium: Banks ask customers to be cautious against frauds
Business | Apr 10, 2020, 06:49 PM ISTSeveral banks have cautioned their customers against possible attempts by fraudsters as they became active to exploit the three-month loan repayment moratorium offer in the wake of the coronavirus outbreak, officials said on Friday.
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Karnataka Bank allays depositors concerns, says well capitalised
Business | Mar 11, 2020, 08:29 PM ISTMangaluru head-quartered Karnataka Bank on Wednesday said it is well capitalised, fundamentally strong bank and depositors need not worry about safety of their money.
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Charges on ATM cash withdrawal likely to increase; operators write letter to RBI
Business | Feb 18, 2020, 10:20 AM ISTWithdrawing cash from bank ATM soon to become costly as India's ATM operators' association has written to the Reserve Bank of India (RBI) seeking a hike in the interchange fee paid by customers.
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Indian banking system at the cusp of huge growth in next decade: TCS executive
Business | Feb 06, 2020, 11:31 PM ISTIndian banking system may be staring at big challenges, but is at the cusp of huge growth in the next decade, a top TCS executive said on Thursday. There are very few industries which can boast of a 15 per cent growth on a yearly basis for ten years, TCS chief executive Rajesh Gopinathan said, conceding that this makes him envious of the business.
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MP bank strike: 31,000 staff skip work; 7,000 branches, 9,700 ATMs hit
Business | Jan 31, 2020, 06:27 PM ISTThe two-day nationwide strike called by bank unions to press for a salary revision saw over 31,000 staff from Madhya Pradesh staying away from work on Friday, a union functionary said.
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Banks allowed to utilise Vijay Mallya's movable assets to clear debt
Business | Jan 01, 2020, 02:45 PM ISTA special court here has permitted a consortium of 15 banks led by the State Bank of India (SBI) to utilise movable assets of former liquor baron Vijay Mallya towards repayment of his debt.
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Turban bank at Bangla Sahib Gurudwara to motivate Sikh youngsters
India | Nov 24, 2019, 11:42 AM ISTA Sikh youth can have a turban at a cost of Rs 50, from the turban bank at Bangla Sahib. In a matter of few days only 500 turbans have been given while 1000 have been received by the bank, for this noble cause," Sirsa said.