Singapore, Sept 4 (ANI): Moody's Investors Service on Wednesday took rating actions on Canara Bank, Oriental Bank of Commerce (OBC), Punjab National Bank (PNB), Syndicate Bank and Union Bank of India (Union Bank) that will undergo mergers as announced by the government.
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.
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
New Delhi [India], Aug 26 (ANI): The Special Cell has busted an international syndicate of Fake Indian Currency Notes (FICN) by arresting a Nepal national who was the key supplier of FICN with Rs 5.5 lakh fake currency, a press release by the Delhi Police on Monday read.
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.
Lucknow (Uttar Pradesh) [India], July 22 (ANI): A special team of Crime Branch, Stars 1, on Monday held the mastermind of an interstate syndicate wanted in several cases of murder, loot, kidnapping and car-jacking.
Mumbai (Maharashtra) [India], July 13 (ANI): Government-owned Syndicate Bank has reduced its marginal cost of funds-based lending rate (MCLR) by 5 basis points for various tenors effective July 15.
New York [USA], Jul 10 (ANI): India on Tuesday termed underworld don Dawood Ibrahim's D-Company's mutation from a criminal syndicate into a terror network "a real and present danger" in the region.
New Delhi [India], July 08 (ANI): Three people have been arrested in connection with an interstate illicit ammunition pilferage and trafficking syndicate and 1250 live cartridges and vehicles used to ferry the cargo were recovered from Hari Nagar Ashram here on Saturday.
New Delhi [India], Jun 11 (ANI): A team of Delhi Police's Special Cell arrested a man and recovered Rs 5 lakh Fake Indian Currency Notes (FICN) in an operation to nab an international syndicate involved in FICN circulation.
Lucknow (Uttar Pradesh) [India], June 2 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath on Sunday slammed Samajwadi Party and said the syndicate involved in UPPSC paper leak grew under the corrupt regime of former state chief Akhilesh Yadav.
Mumbai (Maharashtra) [India], May 11 (ANI): Government-owned Syndicate Bank suffered a net loss of Rs 2,587 crore during 2018-19 on account of bad loans compared to a net loss of Rs 3,223 crore in the previous fiscal year.