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Home, auto loans to become cheaper as SBI, PNB, UBI slash lending rates

Top PSU lenders State Bank, Punjab National Bank and Union Bank on Sunday slashed their benchmark lending rates by up to 90 basis points, a day after Prime Minister Narendra Modi asked banks to......

PSU stocks better placed in current market meltdown

Among PSBs, the top gainers have been Union Bank of India and Corporation Bank, whose shares have rallied more than 15% each. Indian Bank and Bank of Baroda, too, registered a double-digit rise,......

Banks in no hurry to cut lending rates

SBI chairperson says transmission only after deposit rates come downThe Reserve Bank of India cut its key policy rate by 25 basis points and vowed to improve liquidity in the market but banks are......

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......

Greece crisis to have no impact on us: UBI chief

Arun Tiwari (photographed below), chairman and managing director of Union Bank of India, says the worst is over so far as asset quality is concerned, as slippages are coming down and recoveries are......
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7 Facts About Bharat QR Code Which Every Consumer & Merchant Should Be Aware Of!

In a major push for seamless cashless transactions, Govt. of India has launched Bharat QR Code, which is world’s first interoperable payment... ...

http://feedproxy.google.com/~r/trakin/~3/NtCK0404NFg/
CBI books Delhi company for cheating bank

A West Delhi-based company and its directors have been booked by CBI for allegedly cheating Union Bank of India to the tune of Rs 15 crore. CBI has... ...

http://www.business-standard.com/article/pti-stories/cbi-books-delhi-company-for-cheating-bank-117021600826_1.html
Dena Bank CMD denies merger with Union Bank

State owned Dena Bank today denied any talks with Union Bank of India for a possible merger. Dena Bank Chairman and Managing Director Ashwani Kumar... ...

http://www.businesstoday.in/current/corporate/dena-bank-cmd-denies-merger-with-union-bank/story/246360.html
Morning News Call - India, February 14

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_02142017.pdf If you would like... ...

http://www.sify.com/finance/morning-news-call---india-february-14-news-economy-rcojufdiifabd.html
63 moons appoints S Rajendran as new MD after Prashant Desai resigns

Rajendran has been MD & CEO of Union Bank of India ...

http://www.business-standard.com/article/companies/63-moons-appoints-s-rajendran-as-new-md-after-prashant-desai-resigns-117021000485_1.html

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