• Tag results for bank

RBI sold an average of $18..66 bn of dollar currency between Apr-Sep 2018

The central bank has been very active in the past few months in the spot market to save the rupee which got battered against the US dollar.

published on : 18th November 2018

Bank to pay 1.85 lakh to customer  for negligence

IN November 2005 when Y Vandana Rao approached Syndicate bank for a `3 lakh loan for buying a plot and later construct a house.

published on : 18th November 2018

Automation Anywhere raises USD 300 million from SoftBank

Automation Anywhere, which specialises in Robotic Process Automation (RPA), has raised $300 million from SoftBank Vision Fund.

published on : 17th November 2018

Partial Credit Enhancement for non-banking finance companies to have limited utility: ICRA

The PCE framework will likely help the NBFCs and HFCs to better their credit ratings.

published on : 17th November 2018

Government for greater involvement in decision making of RBI

The government feels that as the representative of the people, it should be involved in critical policy decisions made by the Reserve Bank of India (RBI), they added.

published on : 16th November 2018

CBI books ex-PNB Deputy Manager for facilitating Rs 13,500 crore scam

A senior Central Bureau of Investigation (CBI) official told IANS: "The agency has registered the case against Shetty and his wife Ashalata, who is a clerk in Indian Bank in Mumbai on Thursday night."

published on : 16th November 2018

Weak finances, fall in rupee pose herculean task to state

This will also be a huge factor when the time comes to repay the World Bank and ADB loan. 

published on : 16th November 2018

PSU banks get lifeline to resolve bad loans

There are an estimated 200 large NPA accounts in various PSU banks with a total exposure of `3 lakh crore. 

published on : 16th November 2018

Following chairman's resignation, Yes Bank's share prices see sharp decrease

Non-executive chairman Ashok Chawla resigned on Wednesday following corruption allegations

published on : 15th November 2018

Kerala Bank will seek permission OF RBI to accept money from expats: Pinarayi Vijayan

Pinarayi and Kadakampally were speaking at the state-level inauguration of 65th National Cooperative Week in Kasargod on Wednesday.

published on : 15th November 2018

Yes Bank chairman Ashok Chawla resigns from board with immediate effect

Yes Bank said on Wednesday its non-executive independent chairman, Ashok Chawla, was resigning from the bank's board, effective immediately.

published on : 14th November 2018

RBI imposes fine of Rs 3 crore each on Deutsche Bank, Jammu and Kashmir Bank

RBI said the penalties on these two banks have been imposed taking into account the failure of the banks to adhere to the directions issued by it.

published on : 14th November 2018

Three Indian-origin persons sentenced for USD 9.3 million mortgage fraud scheme

According to court documents and evidence produced at trial, the defendants were responsible for the origination of more than USD 9.3 million in fraudulently procured residential mortgage loans.

published on : 14th November 2018

RBI to bring liquidity worth Rs 12,000 crore on November 15

The central bank announced that it will purchase government securities in order to get the liquidity in system.

published on : 14th November 2018

IndusInd Bank calls off deal to acquire IL&FS Securities Services 

In June this year, IndusInd Bank had signed a share purchase agreement with Infrastructure Leasing and Financial Services Ltd (IL&FS) to acquire its securities services subsidiary.

published on : 13th November 2018
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