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EC letter to RBI, TMC for drafts of Rs 1.33 cr

The Election Commission has asked the Reserve Bank of India to inquire into the conduct of Allahabad Bank and United Bank of India which made drafts of Rs 1.33 crore for Trinamool Congress in......

RBI may soon allow interoperability of Post payment bank ATMs

India Post, the world's largest mail delivery network, is carving out a separate vertical to manage banking services, a move that will help it win RBI nod for interoperability of its ATMs with......

CBI quizzes top Kingfisher, UB officials for the 2nd day

A consortium of banks led by State Bank of India wants to liquidate Mallya's assets to recover the loans.  Image: Prosecute Vijay Mallya for not paying taxes and clearing their dues, say......

As Rajan tightens screws, banks can still disguise bad debts

A tool provided by the Reserve Bank of India (RBI) to help lenders tackle bad debts is instead helping to camouflage the scale of the problem, evidence of how the country's banks will struggle to......

Central Bank tops list of highest NPAs among PSU banks

Central Bank of India has topped the list of public sector banks with maximum bad loans including restructured assets as a percentage of total advances. According to the data provided by the......

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......
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Events for Hyderabad Today

General United Bank of India: Inaugural of 36th regional office, chief guest GHMC Commissioner B. Janardhan Reddy; Pawan Bajaj, MD and CEO of... ...
Corp Bank, OBC, UBI still at a distance to get refund from Airbus

KOLKATA: Corporation Bank, Oriental Bank of Commerce (OBC) and United Bank of India (UBI) may be sensing victory against Airbus as debt recovery... ...
DRT raps banks for casual approach

The order was passed on October 18 on an amended plea by a consortium led by Oriental Bank of Commerce for recovery of payment. Terming GoAir and... ...
NIIT Ltd Announces Q2 (July - Sept 2016) Consolidated Results FY 2016-17

Comments October 19, 2016 - New Delhi, Delhi, India Business Wire India Revenue at Rs. 298.4 Cr, up 10% YoY Records EBITDA margin of 10%... ...
Two held for attempting to cheat bank by producing Rs 3.93 cr fake cheque

Puducherry, Oct 19 (UNI) Police arrested two persons on charges of producing a fake cheque and attempting to cheat a bank here today. According to... ...

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