Bank

Mumbai, Oct 7: The Reserve Bank of India (RBI) has officially removed Paytm Payments Bank (PPBL) from the list of recognised scheduled banks following the cancellation of its banking licence. This comes after the central bank cancelled…
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New Delhi, Sept 9: Banking services across the country may face disruption on September 11 as the United Forum of Bank Unions (UFBU) has announced a nationwide strike over its various demands, including implementation of a five-day week and…
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New Delhi: The Enforcement Directorate (ED) has frozen an amount of Rs 51.75 crore in connection with its probe into the Rs 34,615 crore loan fraud allegedly committed by Dewan Housing Finance Corporation Ltd (DHFL) and its…
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New Delhi: The United Forum of Bank Unions (UFBU) has announced a day-long strike on September 11 over the delayed implementation of a five-day banking week, the revised performance-linked incentive (PLI) scheme and several pending…
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New Delhi, July 3: The Comptroller and Auditor General (CAG) has highlighted a potential tax implication to the tune of ₹74,766.39 crore arising from exemptions and deductions claimed by banks and non-banking financial companies…
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New Delhi, May 29: Rising geopolitical tensions, elevated crude oil prices and global uncertainty could pose short-term risks to India’s growth and inflation outlook, the Reserve Bank of India (RBI) has said amidst continued tensions in…
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New Delhi, April 30: India Post Payments Bank (IPPB), a Government of India-owned entity under the Department of Posts, today announced the launch of its Self Help Group (SHG) Savings Account, a dedicated offering aimed at advancing…
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Chandigarh, Dec 24 (BVI): Bank of Baroda (BoB) today said it has given ₹75 lakh as insurance amount to the bereaved family of Agniveer Naveen Kumar who was killed during Operation Sindoor in May. The amount was given to Agniveer Kumar of…
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Mumbai, Oct 7 (BVI): IndusInd International Holdings Ltd (IIHL), Mauritius, which had previously acquired a 51% stake in the Sterling Bank, Bahamas, in September 2022, has now completed the acquisition of the remaining 49% equity, according…
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By Sunil Kumar Batra New Delhi, Aug 6 (BVI): After two continuous rate cuts, the Reserve Bank of India today announced retention of the key rate (Repo) at 5.50 per cent, a decision that would provide no immediate relief to borrowers of…
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