Jai

Bank to pay Rs.1 lac for not informing Rejection of Loan

State Consumer Disputes Redressal Commission, Maharashtra directed Bank of Baroda to pay Rs.1 lac as compensation for not informing the…

8 years ago

Don’t hide Top Corporate Wilful Defaulters ask Bank Employee Unions

Leaders of Bank Employees' Unions have demanded that name of the top corporate willful defaulters should be published and made public…

8 years ago

DA for Bank Employees from May 2017

Actual DA for Bank Employees from May 2017 will decrease by 1.40%. With the release of CPI data for the month…

8 years ago

10 Public Sector Banks asked to cut cost

According to media reports, 10 public sector banks have been asked by the Ministry of Finance, Government of India, to…

8 years ago

Non Performing Assets – Prudential Norms

Non Performing Assets - Prudential Norms Category Treated as NPA if: Term Loan Interest and/or installment of principal remain overdue…

8 years ago

Bank and Customer Relationship

Bank and Customer Relationship Sl No Type of Transaction Bank Customer 1 Deposit a/c and Credit balance in CC/OD Debtor Creditor 2…

8 years ago

Nomination facility in Banks

Nomination facility: Section 45 ZA to 45 ZF of the Banking Regulation Act, 1949 Procedures are given in Banking Companies (Nomination)…

8 years ago

Best Credit Card for Cash back and savings 2017

Everyone spends on movies, fuel, shopping and utility bills like telephone, electricity, broadband etc. Its better to spend through credit cards…

8 years ago

Huge salary hike for RBI Governor Urjit Patel

Government has given a big pay hike for RBI Governor Urjit Patel and Deputy Governors of RBI. Basic salary of…

8 years ago

UPI Fraud : Bank of Maharashtra lost 25 crores

Bank of Maharashtra has reported that the bank has lost Rs.25 crores due to a fraud through UPI app. The…

8 years ago