• Tag results for bank

Clock ticking, Yes Bank on hunt for new CEO face

Names doing the rounds include Rajat Monga, but experts say RBI could turn it down as Monga was part of the senior leadership under whose watch the murky Rs 10,600 crore NPA was under-reported.

published on : 25th September 2018

German supervisor raps Deutsche Bank over money laundering 

In a never-before-seen move, BaFin will also embed a "special commissioner" at Deutsche to evaluate and report on the bank's progress, it added.

published on : 24th September 2018

Dena Bank board clears merger proposal with Bank of Baroda and Vijaya Bank

Last week, the government had announced a merger of Bank of Baroda, Vijaya Bank and Dena Bank to create the country's second-largest lender by assets and branches.

published on : 24th September 2018

Lakshmi Vilas Bank says exposure to IL&FS group standard

Infrastructure Leasing & Financial Services (IL&FS) group has defaulted on a series of interest payments earlier this month.

published on : 24th September 2018

Opening an account with IPPB? Check the advantages and limitations

Two of the biggest advantages of opening an account with IPPB are zero balance account and its widespread physical presence.

published on : 23rd September 2018

Will continue to lend support to NBFCs in private, public sectors: State Bank of India on credit availability

According to experts, the recent fall in NBFC stocks is the result of a tightening in the money market and a lack of clarity on IL&FS debt crisis.

published on : 23rd September 2018

Government to begin consolidation of regional rural banks, to bring down tally to 36

The development assumes significance in the light of government earlier this month announcing decision to merge Bank of Baroda, Vijaya Bank and Dena Bank to create another global size bank.

published on : 23rd September 2018

BSNL inks deal with Softbank, NTT to roll out 5G, IoT service

Most of the BSNL competitors are still looking at monetising their 4G services and hence leading companies have started looking at the state-run firm for 5G services roll out.

published on : 23rd September 2018

Kerala floods one month after: World Bank estimates Rs 25,050 crore for rebuilding state

The World Bank, in its preliminary report, has estimated that an amount of Rs 25,050 crore is necessary for rebuilding the state.

published on : 23rd September 2018

Banks up the ante to cover cost of cyber attacks

'A sudden rise in frauds of higher magnitude forced us to consider substantially much higher risk cover than the basic banker’s indemnity policy and blanket bond,' said a top public sector banker.

published on : 21st September 2018

Yes Bank slapped with Rs 38 crore in GST fines for violating domestic remittances norms

A bank official, however, said the money has been paid "in protest" and the lender believes that it has not violated any norms.

published on : 21st September 2018

Half of retail bank customers unhappy with services: Capgemini report

The open banking ecosystem, emerging technologies, and soaring customer expectations, are among the new challenges that retail banks across the world are now facing.

published on : 21st September 2018

Bank of India invites bids for stake sale in three associate companies

BoI invited bids for sale of its stake in three associate companies namely STCI Finance, SIDBI and Equifax Credit Information Services.

published on : 21st September 2018

Yes Bank plunges by nearly a third after RBI curtails CEO Rana Kapoor's term

The Reserve Bank on Wednesday curtailed the term of Yes Bank's founding CEO Rana Kapoor and asked the private sector lender to look for his replacement by January 2019.

published on : 21st September 2018

Bank of Baroda, Vijaya Bank, Dena Bank merger may cause short-term spurt in bad assets: Report

However, from a longer term perspective, the merger will be positive with benefits like reducing combined operating costs, lower funding cost and strengthened risk management practises, it said.

published on : 20th September 2018
1 2 3 4 5 6 >