Search For "indian bank"
Relief for real estate sector a credit negative: Moody's
Updated : 6 years, 3 months ago IST
Singapore, Feb 13 (ANI): Moody's Investors Service said on Thursday the Reserve Bank of India's (RBI's) revised asset recognition norms are credit negative for Indian banks.
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Daffodil Software uses AI to empower the visually impaired in RBI MANI app
Updated : 6 years, 3 months ago IST
Gurugram (Haryana) [India] Feb 13 (ANI/PRNewswire): The Reserve Bank of India Governor, Shaktikanta Das, launched the Mobile Aided Note Identifier (MANI) app on January 1, 2020, to aid the visually impaired in identifying the denomination of Indian banknotes.
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Two-day bank strike observed in Guwahati
Updated : 6 years, 3 months ago IST
Guwahati (Assam) [India], Feb 1 (ANI): The two-day strike of United Forum of Bank Unions for wage revision of employees ended here on Saturday.
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Two Indian banks to cease operations in Sri Lanka
Updated : 6 years, 4 months ago IST
Colombo [Sri Lanka], Jan 1 (ANI): The Central Bank of Sri Lanka has permitted Indian private sector lenders Axis Bank and ICICI Bank to close their operations in the island nation, according to online news portal ColomboPage.
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Indian banks' loan write-offs to continue: Fitch Ratings
Updated : 6 years, 5 months ago IST
Singapore, Dec 5 (ANI): Indian banks are likely to take significantly more loan write-offs against a backdrop of rising provisions and weak recovery prospects, Fitch Ratings said on Thursday.
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Strike in public sector banks on Tuesday to paralyse operations
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Oct 21 (ANI): Public sector banking operations are likely to be hit on Tuesday due to a day-long strike called by the All India Bank Employees' Association and the Bank Employees Federation of India.
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RBI quells rumours on banking system, says no need for depositors to panic
Updated : 6 years, 7 months ago IST
New Delhi [India], Oct 1 (ANI): The Reserve Bank of India (RBI) on Tuesday sought to quell rumours in some locations about certain banks including cooperative banks, resulting in anxiety among the depositors.
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PNB's board to meet soon on merger with Oriental Bank, United Bank
Updated : 6 years, 8 months ago IST
New Delhi [India], Aug 31 (ANI): Punjab National Bank (PNB) will soon hold a board meeting to consider its amalgamation with Oriental Bank of Commerce and United Bank of India.
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Government unveils merger of 10 PSU banks to become four major entities
Updated : 6 years, 8 months ago IST
New Delhi [India], Aug 30 (ANI): Government on Friday announced merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks and global reach to boost credit and revive economic growth in the nation's bid to become a five trillion dollar economy in the next f
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After SBI, more PSU banks link deposit and loan rates to repo
Updated : 6 years, 9 months ago IST
New Delhi [India], Aug 10 (ANI): More government-owned banks have announced linking their lending and deposit rates to the Reserve Bank of India's (RBI's) repo for facilitating faster transmission after the State Bank of India did so in May.
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Indian Bank signs up Corporate Agency with Chola MS
Updated : 6 years, 9 months ago IST
Chennai (Tamil Nadu) [India] August 09 (ANI/NewsVoir): Indian Bank, a premier Public Sector bank has entered into a corporate agency agreement with Cholamandalam MS General Insurance Company Ltd (Chola MS) for distribution of the latter's insurance products to Indian Bank customers.
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TN: CBI arrests Chief Manager of Indian Bank in Bihar's Srijan scam-relate
Updated : 6 years, 9 months ago IST
Sivaganga (Tamil Nadu) [India], Aug 1 (ANI): The Central Bureau of Investigation (CBI) on Thursday arrested the Chief Manager of Indian Bank, Zonal Office, Karaikudi in Tamil Nadu's Sivaganga district in an ongoing probe related to Bihar's Srijan scam case.
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