News

Why Uco Bank has to pay Rs.1 lac fine to its ex-officer [Supreme Court Decision]

Supreme Court directed Uco Bank to pay fine of Rs.1 lac to one of its retired officer for unnecessarily litigate…

7 years ago

Canara, PNB, UBI, PSB and Andhra Bank may face PCA

5 Public sector banks are on the verge of being put under Prompt Corrective Action plan by Reserve Bank of…

7 years ago

Changes in Priority Sector Guidelines

RBI, vide notification dated March 01, 2018 amended the priority sector guidelines. Following are the changes made in priority sector…

7 years ago

Gratuity Bill amendment to be tabled in Lok Sabha on 5th March 2018

Government will table the The Payment of Gratuity (Amendment) Bill 2017 in Lok Sabha on 5th March 2018. The bill…

7 years ago

Resolution of Stressed Assets – New RBI Guidelines

RBI, vide notification dated 12.02.2018 issued revised framework for resolution of Stressed Assets. In this notification, RBI has withdrawn the…

7 years ago

No Physical Education Loan application in Banks

The Department of Financial Services has made it mandatory for all the banks to accept the education loan applications only…

7 years ago

Bank Strike on 15th March 2018

United Forum of Bank Unions (UFBU) has called one day all India strike on 15th March 2018 for early settlement…

7 years ago

CBI registers FIRs against 22 PNB employees in Loan Scam

CBI has registered FIR against 22 employees of Punjab National Bank for alleged fraudulent disbursement of loan to various parties…

7 years ago

2 Bank Officials jailed for 3 years for cheating

In a cheating case of Rs.2.40 crores, two bank officials have been punished with three years rigorous imprisonment by a…

7 years ago

Is our Mobile Banking App at Risk?

The mobile Banking App you are using on your Android phone may be at risk.  Quick Heal Security Labs has discovered…

7 years ago