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MV TANKSALE
Bank unions defer strike on wage-revision offerBanking sector unions on Tuesday decided to defer their call for strike on Wednesday as the Indian Banks' Association (IBA) increased the w...- Government to soon double banks' commission for direct benefit transfer scheme to 2 per centThe government transfers money to the bank account of consumers of kerosene, LPG, among others, through its direct benefit transfer scheme.
- RBI fixes timelines for regulatory approvalsMoving to a time-defined process, the RBI today fixed schedules for various regulatory approvals, including grant of private bank licence.
- Indian Banks'Association oppose farm loan waiver package of AP, Telangana governmentsIBA feels such schemes would dent the financial discipline and opined that the governments should concentrate on long term development of f...
- IBA says banks prepared on Windows XP discontinuationIBA today downplayed concerns arising from discontinuation of the Windows XP operating system on banks and functioning of ATMs.
- IBA wants free use of other-bank ATMs to end in metrosIBA today said it has requested RBI to allow banks to charge customers in the metros to pay for accessing ATMs of other banks
- Ridiculous for banks to charge for withdrawals at own ATMs: KC Chakrabarty, RBI DGBanks have started complaining of rising costs, after several state govts have made it compulsory for banks to install round-the-clock secu...
- Manned ATMs to leave banks poorer by Rs 4,000 cr a month: IBABanks will incur a monthly outgo of Rs 4,000 crore due to additional security requirements at ATMs following the recent Bangalore incident.
- Don't expect much out of RBI's policy: MV Tanksale, Central Bank of IndiaWe have already been given approval by Government of India with the capital support of Rs 2406 crore, says MV Tanksale
- Central Bank of India to seek Rs 700 crore from governmentCentral Bank of India said it will seek Rs 700 crore capital from the government while it needs about Rs 1,200 crore to grow credit by 20% ...
- Bank of India, Dena Bank net jumps despite sluggish Q1 PSB showBoI and Dena jumped ahead of the pack by reporting bumper growth of 71.5% and 42%, respectively, due to higher interest on advances.
- Central Bank of India to commence loan recovery campaign in villages in PunjabCentral Bank of India is set to start loan recovery Rath campaign to encourage farmers to payback loans in Punjab.
- RBI Deputy Governor K C Chakrabarty differs with FinMin, opposes free e-fund transferAfter a meeting with the chiefs of all public sector banks, the then Finance Minister Pranab Mukherjee had said electronic fund transfers u...
- Central Bank of India to hire 3,000 peopleCentral Bank of India plans to increase its manpower by 8% this fiscal with specific focus on hiring from northeast India.
- RBI may not cut rates till inflation moderates: MV Tanksale, Central Bank of IndiaThe indication has been pretty clear in the credit policy that unless the inflation is really well contained, the possibility of interest r...
- Central Bank of India plans to tap gen-next: MV Tanksale, Chairman & MDMV Tanksale, the new chairman and managing director of Central Bank of India, is hopeful that the economy will bounce back in the second ha...
- Rise in NPAs, loan recast spoils banks' showIn Q3, Central Bank of India's restructured loan was the highest among banks with 3,616 crore, followed by IOB at 2,828 crore.
- Banks not sure of meeting priority sector lending targetWith credit growth not picking up owing to a high interest rate regime, many banks are now apprehensive about meeting their PSL target in t...
- Repo rate, reverse repo rate hiked: No immediate plans by HDFC, Canara Bank & Central Bank of India to pass hike to consumersThis is the first time in the past one year that top Indian lenders appear to be adopting a different stance and hold rates steady.
- PNB charts growth plans overseas with JSC Bank buyThe country’s second-largest public sector lender, Punjab National Bank (PNB), has charted plans for inorganic expansion in the central Asi...
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