RBI supersedes board of Mumbai-based New India Co-op BankThe RBI has superseded the board of city-based New India Co-operative Bank, citing poor governance standards. Following supervisory concern...
14 Feb, 2025, 05.03 PM IST
Hyderabad income tax raids uncover kickbacks in loan sales practicesIncome tax raids on a direct selling agent for loans in Hyderabad have uncovered suspected kickbacks to bank and company executives. The ag...
30 Sep, 2024, 03.53 PM IST
RBI Assistant 2023 jobs notification for 450 posts out. Eligibility, exam, salary & other detailsThe Reserve Bank of India (RBI) has announced the recruitment of 450 assistants. Interested candidates can apply online from September 13 t...
13 Sep, 2023, 11.25 AM IST
Central govt employees to get salary, pension in advance in these states; check dates hereIn an Office Memorandum dated August 14, 2023, the Ministry of Finance said, "In view of the ‘ONAM’ and ‘Ganpati’ festival, the Government ...
16 Aug, 2023, 04.01 PM IST
RBI panel suggests a host of customer-centric initiatives for banksAn RBI-appointed panel has recommended a range of customer-centric initiatives to be adopted by banks, reports suggest. The initiatives inc...
06 Jun, 2023, 04.52 PM IST
HDFC Bank customers face internet banking, mobile app glitch; bank repliesHDFC Bank users on Tuesday complained about the bank's servers being down, saying that they could not access netbanking or mobile app servi...
01 Mar, 2023, 07.08 PM IST
UCO Bank extends Rs 127 crore relief to 2,000 borrowers under recast scheme 2.0The RBI had in May come up with the second restructuring package that aims to restructure loans in view of the uncertainties created by the...
07 Jun, 2021, 10.33 PM IST
Coronavirus pandemic: RBI employees contribute Rs 7.30 cr to PM-CARES FundThe total contribution from the employees amounting to Rs 7.30 crore is being remitted to the PM-CARES Fund, it said. The COVID-19 pandemic...
28 Apr, 2020, 04.30 PM IST
How digi-lenders are bracing for Covid impactFrom tightening collection schedules to lowering credit limits, narrowing customer base to only include “super-prime” borrowers and hot-lis...
20 Apr, 2020, 10.22 PM IST
All bank branches across India operational from MondayCash deposit and withdrawal, clearing of cheques, remittance services, government transactions and ATM services as listed as essential bank...
31 Mar, 2020, 09.28 AM IST
Cooperative banks will need RBI approval for CEO appointmentRBI had previously capped lending to a single borrower & raised priority sector lending requirements for UCBs
01 Jan, 2020, 06.22 AM IST
Jet Airways delays loan repayments to banksFor the first 90 days, the lenders would discuss with Jet and monitor the loans checking whether it becomes a non performing asset (in othe...
02 Jan, 2019, 12.16 PM IST
A banker's job will no longer be slow, steady or stable. This is the reason whyThe banking industry, which was among the big job creators along with the information technology industry in the past two decades, is at an...
05 Sep, 2017, 02.28 PM IST
Even employees can approach NCLT to recover duesAruna Hotels employees file plea before Tribunal; this is the first instance of staff of a company approaching the bankruptcy court.
24 Jul, 2017, 09.19 AM IST
Banks like SBI, ICICI go all-out to extend support to customers in flood-hit ChennaiSBI announced that it would not charge any fines on late payment or no payment of EMI for November and December for home, car and personal ...
06 Dec, 2015, 02.16 PM IST
- FM to RRBs: Expand, reach out to more poor
Pranab Mukherjee on Sunday said the government has decided to strengthen the Regional Rural Banks (RRBs) to ensure that the vulnerable sect...
26 Jul, 2010, 05.22 AM IST
- Expats' pay to be taxed at normal rate, rules ITAT
Indian companies that employ foreign technical personnel can now breathe easy, as a recent ruling has clarified the tax treatment of salari...
02 Nov, 2002, 06.32 AM IST