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Air India, Saradha: Cases connected to Chidambarams

Congress leader and former Union minister P Chidambaram, who failed to get any protection from arrest from the Delhi high court in the INX Media case, and his son Karti are also facing prosecution......

Meet the 5 richest MPs

A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the MPs are illustrative of how the political stock of the......

Loan default case: CBI registers fresh case against Mallya

The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

PHOTOS: Bharat bandh hits normal life; Bengal, Kerala among most affected

A day-long nationwide strike on Wednesday impacted normal life in various parts of the country with coal production, banking operations and transport services being hit the most, while violent......

Deed done, now to make mega bank merger work

'We can’t have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such......

Bank mergers won't lead to job loss: Sitharaman

Sitharaman said the government understands that the contours and tone of issues for each sector varied from one to the other.  IMAGE: Finance Minister Nirmala Sitharaman addresses a press......

Govt to infuse Rs 55,250 cr for strengthening banks

The finance minister also said that the merger would not result in any retrenchment but rather improve the benefit of the employees. Illustration: Dominic Xavier/Rediff.com The government on......

10 public sector banks merged into 4 mega banks

In the biggest consolidation exercise in the banking space, the government on Friday announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a......

Biggest bank frauds in the past 11 years

Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, ICICI Bank's 6,811 cases were the highest. Illustration: Dominic......
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IOB to offer loans linked to repo rate

 Indian Overseas Bank (IOB) will offer repo-linked lending rates (RLLR) for all new loans sanctioned under the retail segment (housing, vehicle,... ...

https://www.thehindubusinessline.com/money-and-banking/iob-to-offer-loans-linked-to-repo-rate/article29450281.ece
Deed done, now to make mega bank merger work

'We can’t have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why... ...

http://www.rediff.com/money/column/deed-done-now-to-make-mega-bank-merger-work/20190918.htm
Indian Overseas Bank to offer repo-linked loans from October 1

The Reserve Bank through a notification in early September had advised banks to link all new floating rate for personal or retail loans and MSMEs... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-overseas-bank-to-offer-repo-linked-loans-from-october-1/articleshow/71170599.cms
Burglars break into Indian Overseas Bank in Savoi Verem

Burglars tried to rob an Indian Overseas Bank branch at Savoi Verem between Sunday and Tuesday. The bank was closed for Ganesh holidays and the... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=621836
Sitharaman

Sitharaman said the government understands that the contours and tone of issues for each sector varied from one to the other.† IMAGE: Finance... ...

http://www.rediff.com/money/report/bank-mergers-wont-lead-to-job-loss-sitharaman/20190901.htm

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