Expect to come out of PCA in second quarter: UBI MD
"We should be coming out of PCA by the second quarter of 2019-20. Things are happening the way we have strategised," Ashok Kr Pradhan, MD and CEO of UBI told .
Barclays Ex-CEO Bob Diamond calls for higher rates
The former chief executive officer of Barclays joined the chorus of financial leaders advo...
VVIP chopper scam: Defence agent arrested for routing kickbacks
Gupta will be produced before a local Court today where the agency will seek ...
Khaitan beneficiary of Rs 850-cr slush funds generated through defence deals: ED
The central probe agency filed a prosecution complaint or charge sheet against him before a court here under the Prevention of Money Laundering Act (PMLA).
Union Bank of India aims to raise Rs 470 crore via ESPS
The Mumbai-based lender has also opened the door to immediate retirees for share purchase under ESPS.
Plenty of good news makes a case for taking a look at battered bank stocks
Banks are expecting to recover more than Rs 1 lakh crore in 2019.
Fund infusion: CorpBank hopes to come out of PCA this quarter
The funds will be used to increase provisions, managing director and chief executive PV Bharathi said.
Barclays has no plans for tie-up with rival banks
The Financial Times reported on Wednesday that Barclays' top executives were exploring a deal with another banks.
ED attaches Rs 8.4-cr assets of choppers scam-accused Gautam Khaitan in black money case
Properties of Khaitan located in Delhi, Haryana and Uttarakhand have been provisionally attached under the Prevention of Money Laundering Act (PMLA).
RBI slaps penalty on 36 banks for SWIFT non-compliance
RBI has imposed penalties on 36 banks for non-compliance on SWIFT operations.
EMs geared up for another year of wealth creation
Total wealth in emerging-market stocks and bonds now exceeds $27 trillion.
Exit of BoI, BoM, OBC credit positive: Moody's
Exiting the PCA will remove some of the lending restrictions, which the PCA plan imposed, on these banks.
Sensex, Nifty choppy on lack of directional cues; PNB advances 2%
Among Sensex stocks, Hero MotoCorp was leading the gainer pack.
What changed your markets while you were sleeping
Nifty futures on the Singapore Exchange were trading 6 points, or 0.05 per cent, lower at 10,942, indicating a flat start for the Nifty50.
Fraud-hit PNB ranks highest in implementation of 'reforms agenda' in 2018: Study
PNB has shown "strong performance" in the parameters like customer responsiveness, responsible banking, credit off-take and financial inclusion.
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