Page 728 - Finance News

Year of reckoning for India Inc: How PNB scam unsettled consumer confidence

Weeks ago, Nirav Modi was spotted having dinner at a London restaurant

Ex-RBI guv Bimal Jalan to head panel on setting central bank reserves' size

Former RBI governor Bimal Jalan will be the committee's chairman and Rakesh Mohan, a former deputy governor, deputy chairman

Strike hurts state-owned banks, cheques for clearance held up: Unions

In the afternoon, over 5,000 bank staffers staged a rally at Mumbai's Azad Maidan and raised slogans opposing the proposed merger

3 mn cheques will be held up due to bank strike: Employees' association

With branches closed, cash transactions are also set to take a hit

Bank strike against Vijaya-Dena-BoB merger impacts operations across India

According to AIBEA General Secretary C H Vekatachalam, the strike is effective across the country and employees are fighting for a right cause

PNB decides national anthem will be sung at every Annual General Meeting

According to Reserve Bank of India and Securities and Exchange Board of India rules, it is not mandatory for shareholders to sing the national anthem at AGMs and EGMs

PSB operations to be affected as 1 million bank employees on strike today

The nation-wide strike would impact banking services like deposits and withdrawal at branches, cheque clearances and issuance of demand drafts

Nationwide bank strike today on BoB-Dena-Vijaya merger; services to be hit

Private sector banks will continue to function as usual

Having scaled new heights in 2018, fintechs face a tectonic shift in future

As the year of the dog melts into the year of the pig, you will see more drama in the digital space

Pension issue remains unresolved, Reserve Bank stares at union agitations

The unions may go on an indefinite strike and the RTGS system, which is the backbone of financial transactions in the country, could get severely impacted for days on end

How banks unwittingly finance mass shootings

A New York Times examination of mass shootings since the Virginia Tech attack in 2007 reveals how credit cards have become a crucial part of the planning of these massacres

SBI charges among lowest in banking sector, says MD P K Gupta

Various services offered by the bank, including ATM transaction and cash deposits, come at a cost, but the charges have been kept low in the larger interest of customers, he added

RBI to soon release new Rs 20 bank note with additional features

The Rs 20 notes accounted for 9.8 per cent of the total number of currency notes in circulation at the end of March 2018

P V Bharathi appointed as MD, chief executive officer of Corporation Bank

P V Bharathi will take over the charge on or after February 1, 2019

Srikrishna panel seeks replies from Chanda Kochhar in Videocon loan case

Committee expected to submit ICICI Bank-Videocon loan case probe report by third week of January

Nine bank unions call for strike on Dec 26 against Vijaya-Dena-BoB merger

The strike call comes on the heels of an officers union of state-run banks observing a day-long strike last Friday

RBI cancels registration of 1,490 NBFCs in 2 years; Kolkata tops the list

Kolkata tops list with 617 cancellations, Delhi second with 203

FinMin's Alternative Mechanism gives nod for BoB, Dena, Vijaya Bank merger

The 'Alternative Mechanism' (AM) headed by Finance Minister Arun Jaitley had decided to merge three banks with a view to create a global size lender, which will be stronger and sustainable

BoB, Dena, Vijaya Bank merger: Scheme of amalgamation likely by month-end

As per the requirement, the scheme of amalgamation will be placed before Parliament, which is in session till January 8

RBI shortlists TCS, Wipro, 4 others for setting up public credit registry

In June this year, the RBI had announced to set up a PCR for India to address information asymmetry, foster access to credit and strengthen the credit culture in the economy