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Rs 1 crore in new notes seized in Maha, Chandigarh

IMAGE: Police seized Rs 30 lakh in new notes of Rs 2,000 and arrested four in Nashik, Maharashtra. Photograph: PTI Photo Raids by police and Enforcement Directorate officials led to more seizure......

PSBs may re-approach Sebi for relaxing promoter equity rule

PSBs were required to bring down government shareholding to at least 75 per cent, to comply with the amended Securities Contract (Regulations) Rules by August 2017. A majority of public sector......

Govt infuses Rs 13,955 cr capital into 8 PSU banks

Bank of India, Canara Bank, Dena Bank, Corporation Bank and Andhra Bank are among the lenders that received capital infusion from the government. Eight public sector banks, including SBI, Punjab......

Bankers resort to 'Gandhigiri' to recover dues from wilful defaulters

United Bank of India and Andhra Bank employees start organising silent protests outside houses and work places of defaulters. Bankers are resorting to 'Gandhigiri' – made famous by Rajkumar......

Bankers resort to 'Gandhigiri' to recover dues from wilful defaulters

United Bank of India and Andhra Bank employees start organising silent protests outside houses and work places of defaulters. Bankers are resorting to 'Gandhigiri' – made famous by Rajkumar......

RBI seen to cut rates by 25 bps in next policy meet

Hyderabad-based Andhra Bank is aiming to get a significant proportion of the state government's business, to boost its share of low-cost deposits, C V R Rajendran, chairman and managing director,......
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Sensex sheds 306 pts, Nifty ends below 10,500 on weaker rupee

PSU Bank is the biggest gainer among sectoral indices, rising 4 percent on the back of support from SBI, Andhra Bank, Bank of Baroda and IDBI Bank... ...

https://www.moneycontrol.com/news/local-markets/closing-bell-sensex-sheds-306-pts-nifty-ends-below-10500weaker-rupee_10925781.html
Nifty extends losses, Sensex down 100 pts; Motherson dips, Bajaj Electricals gains

PSU Bank is the biggest gainer among sectoral indices, rising 4 percent on the back of support from SBI, Andhra Bank, Bank of Baroda and IDBI Bank... ...

https://www.moneycontrol.com/news/local-markets/market-live-nifty-extends-losses-sensex-down-100-pts-motherson-dips-bajaj-electricals-gains_10925781.html
PSBs may re-approach Sebi for relaxing promoter equity rule

PSBs were required to bring down government shareholding to at least 75 per cent, to comply with the amended Securities Contract (Regulations)... ...

http://www.rediff.com/money/report/psbs-may-re-approach-sebi-for-relaxing-promoter-equity-rule/20180514.htm
Public sector banks bad loans more than doubled in two years

New Delhi: Indian public sector banks (PSB) bad loans soared 1.5 times, from Rs 2.67 lakh crore ($39.99 billion) on March 31, 2015, to Rs 6.89 lakh... ...

http://www.sify.com/finance/public-sector-banks-bad-loans-more-than-doubled-in-two-years--news-bank-sfoloNhaffbic.html
Court Seeks Probe Agency's Response On Ex-Andhra Bank Official Bail Plea

The Delhi High Court on Wednesday sought the response of the Enforcement Directorate on a bail plea filed by former Andhra Pradesh Bank Director,... ...

https://www.ndtv.com/india-news/in-5-000-crore-fraud-case-court-seeks-response-on-bail-plea-of-ex-andhra-bank-official-1849940

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