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Rupee streak trips on dollar demand, falls 35 paise to 94.04The Indian rupee faltered on Thursday, settling at 94.04 per US dollar after shedding 35 paise from its previous value. The surge in dollar...
Rs 36.4 crore gold stolen, lakhs in cash looted by 4 men including ex-cop in Maharashtra; villagers chase them 17 km, recover lootA bank robbery occurred in Bhokar village of Maharashtra, where four men stole cash and gold. The robbery unfolded during standard banking ...
India to get first cooperative sector airline, says Kerala CM SatheesanKeralam government has given approval for the cooperative sector to initiate flight services in India. Chief Minister V D Satheesan announc...
"Nothing to fear": Top bureaucrat says IDBI staff, pensioners' service conditions won't change after Fairfax dealThe DIPAM secretary's assurance comes as IDBI Bank employees oppose the government’s divestment plan and have called for a strike across th...
Retired employee gets income tax notice over Rs 9.29 lakh leave encashment; ITAT Jaipur cancels it and gives him full tax exemption, here's whyMr. Gupta, a former employee of the State Bank of India, found himself facing an income tax notice concerning Rs 9.29 lakh in leave encashm...
Retired bank employee claims tax exemption on Rs 9.53 lakh leave encashment, faces income tax notice and wins full relief at ITAT JaipurAfter retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling ...
Govt plans sovereign AI infrastructure with tighter control over data, GPUsNot-so-sensitive yet relatively important categories will be managed through a new framework in which the state may own the hardware such a...
Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...
Karnataka: Cabinet grants Tulu additional official language status in Dakshina Kannada, UdupiTulu will now be Karnataka’s second additional official language, with its official use limited to Dakshina Kannada and Udupi, Shivakumar s...
Rupee closes at near 2-month high of 94.95 to the dollarOn Tuesday, the Indian rupee achieved its strongest close in nearly two months, settling at 94.95. Factors such as dollar offers and centra...
EDs of nationalised banks eligible to become MD of SBI: Finance MinistryMoving away from the tradition, deputy managing directors (DMDs) of SBI were appointed managing directors in several nationalised banks ear...
Hindi a binding force of India: President Pranab MukherjeeMukherjee described Hindi as the binding force of the country and advocated more steps for the growth of Hindi and other regional languages.
18% of single working women make own investment decisions: StudyOnly 18% of single working women make their own investment decisions and 77% of the fairer sex depends on spouse or parents for their inves...
- Rs 119 crore educational loans given in district in 2012-13
Lauding nationalised banks for extending educational loans to students, the Collector M Karunagaran today said the loan amount sanctioned t...
Government clears proposal for common job interviews for nationalised banksGovt has cleared proposal of common interviews for candidates aspiring jobs in banks, discarding the old practice of multiple appearances.
Nationalised banks to restructure debt for textile industryNationalised banks will begin implementing the Rs 35,000 crore debt restructuring package for the textile industry.
- Nationalised Banks account for 52.7 pc of aggregate deposits
Nationalised Banks, as a group, accounted for 52.7 per cent of the aggregate deposits mobilised by the quarter end June '11, a release by t...
- Nationalised banks accounted for 50.5% of credit in 2008-09
Nationalised banks accounted for 50.5% of the total credit given out by scheduled commercial banks in the country at over Rs 14,36,769 cror...
- IFBI bags order to train nationalised bank employees
The Institute of Finance, Banking and Insurance (IFBI), an intuitive by NIIT and ICICI bank, has bagged orders to train some 8,000 employee...
- Nationalised banks' employees go on strike
Employees of nationalised banks on Friday went on a day-long nationwide strike to oppose the proposed merger of associate banks with the St...