PUNJAB STATE COOPERATIVE BANK
Sanjiv Chadha appointed MD, CEO Bank of Baroda; Atanu Kumar Das to head Bank of India
Sanjiv Chadha, who is at present Deputy Managing Director in State Bank of India, has been appointed to the new post for a period of three years, the order said. Lingam Venkata Prabhakar, Executive Director in Punjab National Bank, will be MD and CEO in Canara Bank, it said.
Bank deposit insurance hiked to Rs 5 lakh per depositor by Budget 2020
Currently, as per the RBI guidelines, deposits with all commercial ban...
Share market update: Bank shares slip; Yes Bank dips 3%
The Nifty Bank index was trading 0.27 per cent down at 29741.5.
2 more power plants lined up for one-time settlement
Lenders have placed their hope on the resolution of two struggling thermal power plants, Coastal Energen and Jindal India Thermal operating in different parts of the country, through a so-called one-time settlement (OTS) with the promoters of these company backed by Deutsche Bank-led distressed funds.
Share market update: PSU bank shares rise; Canara Bank jumps 4%
The Nifty PSU Bank index was trading 0.53 per cent up at 2264.35 .
Share market update: Bank stocks gain ahead of RBI's policy outcome; Yes Bank rises 3%
The Nifty Bank index was trading 0.18 per cent up at 31057.25 .
RBI issues its first licence to an UCB to convert into Small Finance Bank
The “in-principle” approval granted will be valid for 18 months to enable the applicant to comply with the requirements under the scheme, the Reserve Bank said in a release.
Banking sector eyes better days on reforms, bad loan resolution
The government unveiled measures over the past few months aimed at improving liquidity in the system.
Government mulls raising insurance cover on bank deposits to above Rs 1 lakh: Nirmala Sitharaman
FM said the government will bring legislations on raising bank deposit cover from the current Rs 1 lakh.
Share market update: PSU bank shares jump; Bank of Baroda up 1%
The Nifty PSU Bank index was trading 0.63 per cent up at 2255.25 .
Maharashtra govt working on merging PMC and MSC Banks: Jayant Patil
Speaking on the issue of PMC bank depositors, Nationalist Congress Party (NCP) leader Jayant Patil said, “Depositors of Punjab and Maharasht...
Share market update: PSU bank shares rise; UCO Bank up 2%
The Nifty PSU Bank index was trading 0.96 per cent up at 2243.2 .
Share market update: Bank shares gain; Kotak Bank climbs 4%
The Nifty Bank index was trading 0.75 per cent up at 30876.3 .
PNB shelves plan to sell housing finance unit
PNB's holding in PNB Housing is set to fall to around 27.5% from the current 32.43% when the later issues fresh shares to raise about Rs 1500 crore. PNB will not subscribe to the issue.
Share market update: Bank shares down; Yes Bank slips 4%
The Nifty Bank index was trading 0.6 per cent down at 30,693.10.
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