Marudhara Gramin Bank strike shows resentment against cross-selling of mutual fund, insurance products Banking industry sources complain that the stress on selling third party products through banks is affecting normal banking operations. 6 years ago
RBI extends restrictions over two Maharastra based cooperative banks the Reserve Bank on Wednesday extended the restrictions on the banking operations of two Maharasthra based cooperative banks. 6 years agoOctober 16, 2019
This may not be the last rate cut by RBI this year; interest rates may fall below 5%, here’s why RBI Monetary Policy: Economists believe that despite repo rate being at the lowest level in a decade, it has not… 6 years agoOctober 4, 2019
SNRR account holder? RBI has decided to change rules for you – Know new benefits SNRR Account Guidelines 2019: The Reserve Bank of India has decided to bring some changes in the Special Non-resident Rupee… 6 years ago
Early Diwali for bank employees: Banks to pay one month advance salary to staff this month Bonus for bank employees! Banks will pay one-month advance salary to their staff before Diwali as a goodwill gesture. 6 years agoOctober 1, 2019
Loan for votes! Parties promise farm loan waivers, soft pedal after winning elections Farm loan waivers: In last five years, political parties announced loan waivers schemes ahead of elections in 10 states, however,… 6 years ago
Good news! Unions call-off bank strike; lenders to remain open on these days September Bank strike called-off: Bank officers have called-off their proposed two-day strike that would have affected the banking operations for… 6 years agoSeptember 23, 2019
Failed transactions: RBI asks banks to strictly enforce reversal time; pay to customers for delay RBI has clearly defined reversal time for failed transactions, failure to adhere to the time limit will require banks to… 6 years ago
Top Heavy: Indian banks have more officers than clerks; how the situation changed in just 15 years PSU banks still have more clerks and subordinate staff than officers whereas the role of clerks has completely diminished in… 6 years ago
Race against time! PSU banks form high-level committees to meet merger deadline Bank Merger: Top management of these banks have also identified the core business areas that will be looked after by… 6 years ago
Modi’s mega bank merger: Indian lenders still dwarfs on global stage; only one bank among top 100 Despite three rounds of merger & consolidation, India’s largest public-sector bank will remain India’s only entry in top 100 banks… 6 years agoSeptember 9, 2019
Big bank theory: PSU banks to get CGMs as they look to expand footprint Banking sector reforms: Modi government has empowered boards of public sector banks to create a new position of CGM to… 6 years ago
Modi’s uphill task: Find more to meet fiscal deficit target as RBI cash transfer may fall short Prime Minister Modi is facing the classic challenge of reviving the economy while maintaining the path of fiscal consolidation. 6 years ago
Ready cash: Resource-strapped Modi govt set to receive RBI cash bonanza today Transfer of Rs 1.76 lakh crore by the Reserve Bank will help the Modi government boost the slowing economy. 6 years agoAugust 27, 2019
RBI’s inability to ensure transmission of repo rate cut is hurting real estate sector Reserve Bank has asked the banks to link their loan rates with Repo Rate instead of Prime Lending Rate to… 6 years agoAugust 26, 2019
Online transfer of funds will be delayed if Modi govt’s proposal is implemented The requirement to obtain prior approval of a beneficiary will significantly slow down the process of online payments that have… 6 years ago
RBI board next meet: MSME credit issue sorted, government to now pitch for real estate sector stress After raising the MSME credit issue, the government is likely to pitch for stress in the real estate sector in… 7 years agoNovember 22, 2018
Government, RBI reach truce in much awaited board meet; 9 key points to know from those 9 crucial hours Govt, RBI board meet: After an unprecedented power tussle over the last few weeks, government and RBI, in a 9-hour… 7 years agoNovember 20, 2018
