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Base rate cut have to wait till next quarter

Only two banks - Union Bank of India and United Bank of India - took a cue from the Reserve Bank of India (RBI)’s repo rate cut and reduced their base rates. RBI reduced the repo rate by 25......

Rate cuts likely even as RBI talks tough on inflation

Reserve Bank of India Governor Raghuram Rajan has argued repeatedly that economic growth can only revive by defeating inflation, note Suvashree Choudhury and Gaurav Pai The rally in Indian bonds is......

Union Bank to charge customers beyond 8 ATM transactions

After private banks – HDFC Bank and Axis bank – decided to charge own customers for more than five transactions at their ATMs, public sector lender Union Bank of India has also joined......

United Bank's denial: Rs 800-cr default untrue, no merger on cards

United Bank of India (UBI) on Monday dismissed a report that claimed the lender faces risk of default in the Rs 800-crore (Rs 8 billion) credit lines sanctioned by one of its branches in New......

RBI rate hike: Stocks, rupee will fall

The Reserve Bank of India unexpectedly raised its policy interest rate on Tuesday by 25 basis points (bps) but said that if consumer price inflation eases as projected, it does not foresee further......
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Loylty Rewardz Sees 22 Time Growth With Microsoft SQL Server

-CT News Bureau New Delhi, February 27: Loylty Rewardz, a provider of end-to-end customer loyalty programs, has grown more than 22 times over... ...

http://www.channeltimes.com/story/loylty-rewardz-grows-over-22-times-with-microsoft-sql-server/
New Audi R8 Gives Superior Performance

No model with the four rings is closer to motorsport, none is more striking and more dynamic. At the Geneva Motor Show, Audi has presented the... ...

http://www.businessworld.in/news/business/auto/new-audi-r8-gives-superior-performance/1753916/page-1.html
Three PSBs to Raise Rs 4,500 cr in perpetual bonds

MUMBAI: While Union Bank targets Rs 2,000 crore, Canara and Dena banks likely to raise Rs 1,500 crore and Rs 1,000 crore, respectively . At least... ...

http://economictimes.indiatimes.com/markets/bonds/three-psbs-to-raise-rs-4500-cr-in-perpetual-bonds/articleshow/46382517.cms
Decoding 2015 statutory audits of the banks

A chartered accountant is mandated to conduct statutory and other audit of banking industries. This is in compliance of various statutes applicable... ...

http://www.caclubindia.com/articles/decoding-2015-statutory-audits-of-the-banks-23123.asp
How to close cags account?

One of my client has opened a CGAS Account and unfortunately he passed away, now legal heirs want to withdraw tha whole amount which is in union... ...

http://www.caclubindia.com/forum/how-to-close-cags-account--321090.asp

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