GoI plans to interchange CEOs of IDBI Bank and Indian Bank
In an attempt to resuscitate IDBI Bank, the government is planning to swap the Chief Executive Officers of Indian Bank and IDBI Bank. Read More
Government frowns at the soaring number of willful defaulters
Mallya has been the favourite whipping boy of the banks after duping several banks. But there are several defaulters still hidden in the closet of the Indian financial system. Read More
Maha Oppn asks for SBI chief’s apology
Nationalist Congress and opposition Congress party legislators stried angrily at SBI’s corporate office at Nariman point demanding an apology from SBI Chairman Arundhati Bhattacharya for her sentence that crop loan waiver distorts credit strictness among the borrowers as they presume future loans to be waived as well. Read More
HDFC Bank plans to introduce loan against shares
HDFC Bank Ltd is planning to offer loans against shares in just two to three minutes via a complete digital mechanism. For this the Bank is in touch with NSDL (National Securities Depository Ltd.). Read More
Bad loans on rise in April-December period
Public sector banks' bad loans surged by over Rs 1 lakh crore in April-December period of 2016-17. Read More
UCO Bank signs Corporate Agency Tie-up agreements
UCO Bank on Wednesday announced that the bank has signed Corporote Agency Tie-up agreements with Liberty Videocon General Insurance Company and Future General India Insurance Company. Read More
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