New Delhi [India], July 28 (ANI): The medium-term prospects for bank credit growth look promising with rising personal and wholesale borrowings and a substantial buffer for loan provisioning. Credit rating agency CareEdge estimates the credit growth to be in the range of 12-13 per cent durin
Chennai (Tamil Nadu) [India], July 3 (ANI): Enforcement Directorate (ED) attached immovable properties of M/s Sarvana Stores (Gold Palace) Chennai amounting to Rs 234.75 crore in relation to a money laundering case for defrauding Indian Bank.
Mumbai (Maharashtra) [India], July 2 (ANI/PNN): As part of its efforts to enhance the social security net through retail health products, Universal Sompo General Insurance Company Ltd has launched a Complete Healthcare Insurance plan with added features for individual consumers. The product
New Delhi [India], June 20 (ANI): Amid controversy over the discrimination against pregnant women in joining service, Indian Bank on Monday said it has not made any changes to the existing guidelines and no female candidate has been denied employment.
New Delhi [India], June 20 (ANI): Delhi Commission for Women (DCW) Chairperson Swati Maliwal on Monday issued notice to Indian Bank for alleged 'anti-women' guidelines that prevent pregnant women from joining service declaring them medically 'temporarily unfit' and requested the intervention
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Monday clarified that it has no proposal to replace the father of the nation Mahatma Gandhi's picture on currency notes.
New Delhi [India], June 2 (ANI/PNN): India boasts the second-largest banked population and one of the most dynamic and advanced fintech sectors in the world. Those achievements seem at odds with the fact that fewer than 3 per cent of Indians have a credit card and fewer than 25 per cent have
Kolkata (West Bengal) [India], May 11 (ANI): The government-run lender Indian Bank on Wednesday reported a net profit of Rs 3,945 crore for the financial year ended March 2022 as compared to Rs 3,005 crore recorded in the previous year, posting a growth of 31 per cent.
New Delhi [India], January 3 (ANI/NewsVoir): An Indian banker with long time expertise on Japan, Rajeev Sinha of Bank of India, has proposed a groundbreaking solution to convert the soft loans from Japan, like the proposed 18 billion USD Mumbai Ahmedabad High Speed Rail (MAHSR) loan, with
Mumbai (Maharashtra) [India], November 24 (ANI): The Crime Intelligence Unit (CIU) of Mumbai Police busted an Indian banknote printing factory operating in the Pydhonie area in Mumbai and arrested a 47-year-old man, informed Mumbai Police on Wednesday.
London [UK], September 10 (ANI): Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to the stress evident from extension of Covid-19-related relief measures to borrowers, Fitch Ratings has said.
New Delhi [India], September 2 (ANI): Supreme Court on Thursday would hear a batch of petitions seeking to initiate contempt of court proceedings against the RBI Governor, Shaktikant Das, Chief Executive of Indian Banks Association (IBA) and others concerned for allegedly flouting the apex c