Central Bank of India Q3 profit at Rs 155 crore
Total standalone income grew 15 per cent to Rs 7,278 crore from Rs 6,329 crore in the same period last year.
Banks approve reduced fees for UPI, RuPay
After a letter from the Indian Banks’ Association (IBA) on removing entire fees on these transactio...
Bid to boost farm credit: Regional Rural Banks may get fresh capital
Rs 10,000-15,000 crore may be provided to the banks over a span of five ...
Budget 2020: Govt may infuse fresh capital into regional rural banks
The size of the capital infusion could be in the range of Rs 10,000-15,000 crore, which would be spread over a span of five years. Capital infusion in RRBs assumes importance as the government is finding ways to boost credit to the farm sector.
Sachin Bansal resigns from Ujjivan Small Finance Bank's board
"I would like to resign as an independent director of the bank with effect from January 27, 2020. Given an entity owned and controlled by me has made an application to the RBI for a universal banking license, I felt it was -- in the interest of propriety and corporate governance -- only appropriate that I stepped down from this role," Bansal said.
Share market update: PSU bank shares slip; J & K Bank down 2%
The Nifty PSU Bank index was trading 0.15 per cent down at 2387.65 .
Yields on Shriram Transport’s dollar bonds drop on easing liquidity conditions
Overseas bond yields dipped about 77-91 bps between October 4 and January 24 this year.
Stock market update: Private bank shares advance; HDFC Bank up 1%
The Nifty Private Bank index was trading 0.84 per cent up at 17108.1 .
Share market update: PSU bank shares jump; Canara Bank gains 2%
The Nifty PSU Bank index was trading 1.07 per cent up at 2395.9 .
PwC to do forensic audit of Cox & Kings
As per the company’s most recent annual report of 2018, total debt stood at Rs 3,983 crore. The bankers now do not trust the company’s audited financial statements, said one person. The lenders, including State Bank of India, Axis Bank and Yes Bank, have roped in PwC India, four people with direct knowledge of the matter said.
Share market update: Bank shares gain; PNB rises over 1%
The Nifty Bank index was trading 0.74 per cent up at 30988.4 .
Share market update: Bank shares gain; Yes Bank rises 1%
The Nifty Bank index was trading 0.61 per cent up at 31026.75 .
Employees of PSU banks threaten to go on two-day strike from January 31
The meeting before Chief Labour Commissioner on Monday remain inconclusive so unions did not take back strike notice, AIBOC president Sunil Kumar said. The wage revision for employees of public sector banks is pending since November 2017.
NCLT extends Videocon's insolvency resolution process
"This is for the extension of the CIRP process as it ends on 4th of February. Public notices are being given for the submission of bids on 31st of Jan and we see a lot of it coming in, so we request the CIRP process be extended further," said the counsel representing Videocon Industries. Videocon Group had sought EoIs for its 13 group companies.
Stock market update: Private bank shares advance; RBL Bank gains 1%
The Nifty Private Bank index was trading 0.44 per cent up at 17083.75 .
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