Mumbai (Maharashtra) [India], August 2: UGRO Capital, a DataTech NBFC and India's largest Co-lender in the MSME segment, today announced its robust financial performance for the first quarter of the fiscal year 2024. The Company's investment in distribution channel, large lender base and dat
Mumbai (Maharashtra) [India], July 21: Bank of Maharashtra, a premier Public Sector Bank in the country, strengthens its digital channels by launching several new products and utilities to enhance the banking experience for both its customers and staff members. These initiatives aim to simpl
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chaired a meeting on Thursday to review the performance of Public Sector Banks (PSBs) on various financial health parameters for the financial year 2022-23.
Mumbai (Maharashtra) [India], June 26: Bank of Baroda (Bank), one of India's leading public sector banks, announced the launch of two innovative customer service initiatives to enhance the overall experience for customers and prospective customers. The Bank has introduced a Live Video Callin
Mumbai (Maharashtra) [India], June 21: Bank of Maharashtra (BoM), a premiere public sector Bank in the country, on Tuesday, paid a dividend cheque of Rs 795.94 crore for the financial year 2022-23 to Finance Minister Nirmala Sitharaman. The dividend cheque was presented by A S Rajeev, MD &am
Mumbai (Maharashtra) [India], June 17: Bank of Maharashtra, a premier public sector bank in the country, organised a customer connect and outreach program at Andheri, Mumbai on 16th June, 2023. Asheesh Pandey, Executive Director, Bank of Maharashtra attended the event. Manoj Kare, General Ma
Mumbai (Maharashtra) [India], June 6: The Award recognizes literary works in Indian languages & the translation of these into Hindi, and will be presented to both the original author and the translator.
These remarks were made by RBI deputy governor Jain at the Conference of Directors of Banks, organised by the RBI for public sector banks on May 22 in New Delhi. He also addressed private sector banks on May 29 in Mumbai.
The Reserve Bank of India has come across gaps in corporate governance for certain banks and such gaps have the potential to cause volatility in the overall banking sector, said its governor Shaktikanta Das.
Acknowledging the key role played by the banks, the RBI Governor said, "Over the years and especially in the recent period, banks have been able to maintain financial and operational resilience in the face of extreme stress originating from the COVID-19 pandemic, the continuing war in Europe
The conference was held in New Delhi on Monday. The RBI Governor Shaktikanta Das inaugurated the conference. 'Governance in Banks - Driving Sustainable Growth and Stability' was the theme of the conference.