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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.
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.
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.
Infrastructure Leasing & Financial Services (IL&FS) group has defaulted on a series of interest payments earlier this month.
Two of the biggest advantages of opening an account with IPPB are zero balance account and its widespread physical presence.
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.
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.
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.
The World Bank, in its preliminary report, has estimated that an amount of Rs 25,050 crore is necessary for rebuilding the state.
'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.
A bank official, however, said the money has been paid "in protest" and the lender believes that it has not violated any norms.
The open banking ecosystem, emerging technologies, and soaring customer expectations, are among the new challenges that retail banks across the world are now facing.
BoI invited bids for sale of its stake in three associate companies namely STCI Finance, SIDBI and Equifax Credit Information Services.
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.
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.