Bankers
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FM Nirmala Sitharaman to meet bankers on loan recast on Thursday
Business | Aug 30, 2020, 04:10 PM ISTThe finance minister will review the implementation of the resolution framework for COVID-19 related stress in bank loans on Thursday with the top management of scheduled commercial banks and NBFCs.
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Bankers blame rising inflation for RBI holding rates
Business | Dec 05, 2019, 08:07 PM ISTThe RBI wishes to see the lagged impact of its 1.35 percentage points rate cut till October to play out before moving on the rates further, he said, adding transmission can be faster now as banks chase the fewer people who are queuing up for loans given the economic gloom.
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10 lakh bankers to strike work on December 26 against mergers
India | Dec 20, 2018, 11:41 PM ISTWith the failure of conciliation talks, about 10 lakh bankers in private and government banks will go on strike on December 26 protesting against the merger of Bank of Baroda, Dena Bank and Vijaya Bank, the All India Bank Employees Association (AIBEA) said on Thursday.
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A year on, bankers say note ban has been good for them
Business | Nov 06, 2017, 08:53 PM ISTOn November 8 last year, the Modi government demonetised Rs 500 and Rs 1,000 notes as part of its drive against black money, counterfeit notes and corruption.
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Shut down SBI branches till cash flow improves, says bankers' union
Jan 12, 2017, 05:41 PM ISTAll India Bank Officers Confederation (AIBOC) has asked the State Bank of India (SBI) to shut down its branches till the supply of cash gets normalised.
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Rs 8 lakh in exchange of Rs 10 lakh in old currency: Corrupt bankers turn ‘cash crunch’ into an opportunity
Nov 22, 2016, 12:22 PM ISTEnforcement authorities have found that corrupt bank managers are allowing backdoor note exchanges and are charging a commission while at it.
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Demonetisation of Rs 500 and Rs 1,000 notes: Bankers, industry hail move
Nov 09, 2016, 12:05 AM ISTBankers and industry leaders on Tuesday welcomed the move to demonetise the Rs 500 and Rs 1,000 notes as a bold and revolutionary step.
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Three of India’s top women bankers on Fortune's 2016 list of Most Powerful Women outside US
Sep 13, 2016, 02:10 PM ISTThree of India's top women bankers, SBI chief Arundhati Bhattacharya, ICICI head Chanda Kochhar and Axis Bank CEO Shikha Sharma, are among the Fortune's 2016 '50 most powerful women' based outside the US. The list
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Bankers to strike work on January 8
Dec 28, 2015, 12:56 PM ISTChennai: Around 340,000 bank employees across the country would strike work on January 8 to protest the violation of bilateral settlement by the five associate banks of the State Bank of India (SBI), a top
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This time, RBI may cut rate to spur investment: Bankers
Jun 01, 2015, 02:49 PM ISTNew Delhi: Thanks to benign inflation and better fiscal numbers, bankers and industry leaders expect RBI to lower its key policy rate tomorrow to support economic activity and boost investment.The wholesale inflation hit a new
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Bankers revoke strike after alternate offs on Saturdays and wage hike
India | Feb 24, 2015, 08:09 AM ISTNew Delhi: Employee unions of public sector banks on Monday withdrew their strike call following an agreement with the management on 15% wage hike. "In today's talks, wage revision settled at 15% with effect from
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Journey ahead in Pradhan Mantri Jan Dhan Yojana difficult: Narendra Modi to bankers
Oct 08, 2014, 07:03 AM ISTNew Delhi: Five weeks after launching the ambitious Pradhan Mantri Jan Dhan Yojana, Prime Minister Narendra Modi on Tuesday asked bank officers and staff to undertake ‘mid-course corrections required' as the ‘journey is bound to
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Bankers say, lending rates to remain high in near term
Mar 24, 2013, 06:00 PM ISTMumbai, Mar 24 : Borrowers troubled by elevated interest rates will have to wait for a bit longer for relief as bankers have virtually ruled out any immediate cut in the lending rates, citing high
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Bankers concerned over Kingfisher losing licence
Oct 20, 2012, 09:48 PM ISTMumbai, Oct 20: Kingfisher lenders, including SBI, today expressed concerns over the airline losing its licence to fly, but said recovery of loans through sale of its assets is the last option.“... we are concerned