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Banks see big rush for salary withdrawals; ATMs still dry

Many banks are contemplating to set up additional counters for withdrawal to meet the rush Banks are bracing up to face a huge rush in the coming days as people will queue up at branches across......

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......

Broker Hiten Dalal gets 1-year jail for 1992 securities scam

Broker Hiten Dalal and Canara Bank Mutual Fund's former General Manager B R Acharya have been sentence to one year imprisonment and directed to pay Rs three crore  (Rs 30 million)compensation......

Private sector staff to head state-owned banks?

Currently, top positions are vacant at three large state-run banks -- Bank of Baroda, Canara Bank and Punjab National Bank The government might consider candidates from the private sector to head......

NPAs render govt banks unfit for pvt Provident Fund deposits

Rising non-performing assets are taking a toll on public sector banks such as State of India, Punjab National Bank and Canara Bank in more ways than one -- these banks are unable to take deposits......

Bank issues legal notice to Amisha Patel

Canara Bank has issued a legal notice to Amisha Patel and her family seeking recovery of dues amounting to Rs 11.75 crore, loaned to them for financing their business.The notice has been sent to......

Abhinn Shyam Gupta shocked

Reigning national champion Abhinn Shyam Gupta crashed out of the Canara Bank-sponsoredSenior ranking badminton tournament in Bangalore on Friday, losing to Andhra Pradesh's J B S Vidyadhar 15-12,......
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Banks under fire for higher deposits

Bengaluru: As part of the nationwide drive to detect ill-gotten money that may have found its way into the banking system, following reports that... ...

http://www.deccanchronicle.com/nation/current-affairs/081216/bengaluru-banks-under-fire-for-higher-deposits.html
Agency crackdown on suspicious deposits in public and private banks

Recently, two Axis Bank employees were arrested in New Delhi for their alleged involvement in hawala trading and money laundering. Officials of the... ...

http://indianexpress.com/article/india/ed-raid-agency-crackdown-on-suspicious-deposits-in-public-and-private-banks-demonetisation-currency-ban-4415922/
ED raids 50 bank branches

Amazon Great Indian Festival-Diwali Offer New Delhi, Dec 7 (India Today): The Enforcement Directorate (ED) today raided more than 50 banks across... ...

http://www.thesangaiexpress.com/ed-raids-50-bank-branches/
Fearing public ire, staff lock bank and beat a hasty retreat

01:12 IST Share Article PRINT A A A Purusharth Aradhak Bulandshahr: December 08, 2016 01:12 IST Updated: December 08, 2016 01:12 IST... ...

http://www.thehindu.com/news/cities/Delhi/Fearing-public-ire-staff-lock-bank-and-beat-a-hasty-retreat/article16774622.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Bankers welcome withdrawal of incremental CRR

The RBI kept its policy repo rate unchanged at 6.25 per cent in the fifth bi-monthly monetary policy review in the backdrop of upturn in prices of... ...

http://www.thehindubusinessline.com/money-and-banking/bankers-welcome-withdrawal-of-incremental-crr/article9416345.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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