RBI withdraws permission to open new branches of Bandhan Bank
Kolkata : Private-lender Bandhan Bank on Friday said the Reserve Bank of India (RBI) has withdrawn its general permission to...
Business
Bankers to strike work for two days in January 2019
Chennai : Bank employees under the All India Bank Employees' Association (AIBEA) will go on a two-day strike early next...
Import duty hiked on 19 items including ACs, fridges to curb current account deficit
New Delhi : A range of imported products including air conditioners, household refrigerators, washing machines and radial car tyres will...
SC order welcome, banks should stop issuing Aadhaar cards: AIBEA
Chennai : The Supreme Court order on Wednesday striking down the compulsory linking of Aadhaar card to bank accounts is...
Post-2014, India ‘richer’ by 601 new billionaires, Mukesh Ambani on top
Mumbai : India added a whopping 601 new billionaires since 2014, with Reliance Industries Ltd Chairman Mukesh Ambani topping the...
Small savings: Q3 PPF, NSC rates hiked to 8%, for KVPs to 7.7%
New Delhi : The government on Thursday raised the interest rates on small saving schemes, including National Savings Certificates (NSCs),...
Global trade tensions dent rupee; closes at 72.98
Mumbai : The latest global trade protectionist measures, along with high crude oil prices, dragged the Indian rupee to a...
Rupee hits new low, slips to 72.96
Mumbai : The Indian rupee hit a fresh low of 72.96 to a US dollar on Tuesday. Published on: Sep 18,...
Bank mergers: No miracles will happen: AIBEA
Chennai : Miracles do not happen by merger of banks but result in higher bad loans as it has happened...
PNB to auction 21 bad loan accounts to recover Rs 1,320 cr
New Delhi : State-run Punjab National Bank (PNB) has put 21 non-performing assets (NPAs), or bad loan accounts, on sale...
