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Finance Minister; Arun Jaitley Launched the Financial Inclusion Index
Finance Minister; Arun Jaitley Launched the Financial Inclusion Index
1. The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley launched the Financial Inclusion Index after his Annual Performance Review Meeting with CEOs of the Public....

Published On : 25 Sep 2018

Shri Arun Jaitley Launched a Web Portal "www.psbloansin59minutes.com"
Shri Arun Jaitley Launched a Web Portal
1. The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley launched here today a transformative initiative in MSME credit space. The web portal www.psbloansin59minut....

Published On : 25 Sep 2018

Govt of India Appoints CEO & MD For 10 Public Sector Banks
Govt of India Appoints CEO & MD For 10 Public Sector Banks
The central government appoints 10 Public Sector Banks (PSBs) chief i.e Chief Executive Officer and Managing Director.List of CEO & MD:- ....

Published On : 20 Sep 2018

IPPB Tie Up with Bajaj Allianz 'To Provide Insurance To All'
IPPB Tie Up with Bajaj Allianz 'To Provide Insurance To All'
1. India Post Payments Bank and private life insurance company Bajaj Allianz entered into a strategic partnership to provide life insurance solutions.2. This....

Published On : 19 Sep 2018

Govt Proposes To Merge 3 Public Sector Bank:- Dena Bank, Vijaya Bank, and Bank of Baroda
Govt Proposes To Merge 3 Public Sector Bank:- Dena Bank, Vijaya Bank, and Bank of Baroda
1. The union government proposed the merger of three Public Sector Banks:- Dena Bank, Vijaya Bank, and Bank of Baroda to create the country’s third-biggest lender.....

Published On : 18 Sep 2018

Shri Narendara Modi Launch IPPB Bank Tomorrow
Shri Narendara Modi Launch IPPB Bank Tomorrow
The Prime Minister, Shri Narendra Modi, will launch the India Post Payments Bank (IPPB) at Talkatora Stadium in New Delhi on 01 September 2018. IPPB ....

Published On : 31 Aug 2018

SBI Managing Director B Sriram took charge as the CEO and MD of IDBI Bank
SBI Managing Director B Sriram took charge as the CEO and MD of IDBI Bank
State Bank of India (SBI) managing director Balasubramanyam Sriram has been appointed the managing director and chief executive officer of IDBI Bank for a period of three months. The M K Jain, curr....

Published On : 21 Jun 2018

The Government Group Chooses 22 General Managers for the Post of Executive Director at PSU Banks
The Government Group Chooses 22 General Managers for the Post of Executive Director at PSU Banks
The Banks Board Bureau (BBB) has recommended 22 candidates from different banks for the Executive Director (ED) positions in PSU Banks. The BBB panel has selected four general managers (GM) of Punj....

Published On : 20 Jun 2018

The CM of Maharashtra Meets World Bank CEO Kristalina Georgieva
The CM of Maharashtra Meets World Bank CEO Kristalina Georgieva
The Chief Minister of Maharashtra, Devendra Fadnavis, met with the head of the World Bank Georgieva in Washington DC to seek assistance for a Multimodal Transport Corridor and the Rural Livelihood ....

Published On : 18 Jun 2018

UK court jerked Mallya, Court said him Pay money to Indian Banks
UK court jerked Mallya, Court said him Pay money to Indian Banks
Vijay Mallya, sitting in Britain, has been shocked by the UK court. UK court has ordered the payment of legal aid to 13 banks of India in the amount of Rs.1.88 million. These banks are fighting leg....

Published On : 16 Jun 2018

SBI Gets Benefit of Customer's Lapse, Earn 39 Crores
SBI Gets Benefit of Customer's Lapse, Earn 39 Crores
Due to a lapse of customers, State Bank of India (SBI) has earned Rs 38.88 crore in the last 40 months. This amount has been deducted from the accounts of the account holders because the bank did n....

Published On : 11 Jun 2018

RBI Raises Interest Rates, Take Loan from the Bank will be Expensive
RBI Raises Interest Rates, Take Loan from the Bank will be Expensive
The Reserve Bank of India has announced the repo rates after consultation for three days. RBI has increased the repo rate. The monetary policy committee has increased its base rate by 25 basis poin....

Published On : 06 Jun 2018

At the ATM, the Cash Withdrawn More than the Limit, Will Have to Give GST
At the ATM, the Cash Withdrawn More than the Limit, Will Have to Give GST
GST (Goods and Services Tax) will not be levied on the services offered by the banks to customers in the country such as ATM, check book or statement. This information has been released by the Cent....

Published On : 05 Jun 2018

Key operations Locates at GIFT City by Bank Of Baroda
Key operations Locates at GIFT City by Bank Of Baroda
Bank of Baroda successfully located most of its operational activities at a shared service center (SSC) at the GIFT City near Ahmedabad. The bank will now offer its services including retail loan p....

Published On : 24 May 2018

SBI's Biggest Loss in Q4, Net Loss of Rs 7718 Crore
SBI's Biggest Loss in Q4, Net Loss of Rs 7718 Crore
The country's largest bank, State Bank of India, has issued results for the fourth quarter. According to these results from January to March, SBI has the biggest loss so far. According to q....

Published On : 23 May 2018

End All the Rights of the Allahabad Bank's CEO After the Name Came to PNB Fraud
End All the Rights of the Allahabad Bank's CEO After the Name Came to PNB Fraud
After the name was found in the scam involving more than Rs 13,000 crore in Punjab National Ba....

Published On : 17 May 2018

Former Governor Raghuram Rajan Refused to Apply for Bank of England Governor's Post
Former Governor Raghuram Rajan Refused to Apply for Bank of England Governor's Post
Former Reserve Bank of India Governor Raghuram Rajan has refused to apply for the post of Governor of Bank....

Published On : 17 May 2018

48-Hour Strike of Bank Workers, More than 1 Million Employees will be Participated
48-Hour Strike of Bank Workers, More than 1 Million Employees will be Participated
More than 10 lakh workers of government and private sector banks are going on a 48-hour strike from May 30. The All India Bank Employees Association (AIBEA) has give....

Published On : 12 May 2018

Reserve Bank of India Announced Rs10,000 Crore Bond Purchases
Reserve Bank of India Announced Rs10,000 Crore Bond Purchases
The Reserve Bank of India (RBI) announced that it would buy Rs. 10,000 crore ($1.50 billion) of government bonds via open market operation (OMO), after failing to se....

Published On : 08 May 2018

Indian Post Payments Bank will Start 650 Branches in May
Indian Post Payments Bank will Start 650 Branches in May
Indian Post Payments Bank has started working. Now the Modi Government is slowly paying attention to its expansion. More than 650 branches of the Post Office Payment....

Published On : 01 May 2018

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