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CVC awaits sanction to prosecute 100 govt officials

It has been over four months since the Central Vigilance Commission (CVC) has been awaiting sanction to prosecute nearly 100 central government employees, including Indian Administrative Service......

Teesta Setalvad's NGO barred from receiving foreign funds

A non-governmental organisation run by civil rights activist Teesta Stelvad, who has espoused the cause of Gujarat riot victims, was on Thursday banned from receiving foreign funds, with the home......

Teesta Setalvad's NGO's licence suspended for 6 months

In a fresh crackdown on an NGO run by social activist Teesta Setalvad, the home ministry on Thursday suspended its registration for six months accusing the organisation of violating Foreign......

CBI registers case against Teesta Setalvad

The Central Bureau of Investigation on Wednesday registered a case against social activist Teesta Setalvad and her organisation for alleged violation of Foreign Contribution Regulation Act in......

Home ministry serves notice 2 NGOs run by Teesta Setalvad

Two non-government organisations run by social activist Teesta Setalvad and her husband have been served notice by the home ministry for alleged violations of the Foreign Contribution Regulation......

CBI raids 169 sites nationwide in Rs 7k cr bank frauds

The Central Bureau of Investigation is conducting searches in 169 locations across the country in connection with 35 bank fraud cases registered by the agency involving funds of over Rs 7,000......

PNB-UBI-OBC merger: Automated HR integration likely

All transfers and promotions for next financial year will be decided by respective banks, not by the merged entity. Illustration: Uttam Ghosh/Rediff.com The human resource integration for the......

Bank mergers and death of forex brokerages

Business is down to such an extent that last year these firms could not even meet RBI’s capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this......

RBI rebuts rumours of more banks being shut post-PMC

Rebutting social media rumours swiftly, the Reserve Bank of India on Wednesday said no commercial banks are going to be shut. IMAGE: Customers gather inside the Punjab and Maharashtra......

Banks defer 2-day strike called on September 26-27

Finance secretary Rajiv Kumar was positive in formation of a committee consisting all concerned to address the issues arising out of the proposed merger of 10 banks including preserving the......

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PSU banks plan to link pay with performance

KOLKATA: Performance-linked incentives (PLI) is set to become the buzzword for about eight lakh public sector bank employees which they may receive... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/pitch-ready-for-performance-linked-incentives-in-public-sector-banks/articleshow/72113425.cms

Union Bank of India sees credit pick up in H2, pares credit growth target to 7-9%

The bank may look at raising up to Rs 4,000 crore via Additional Tier-1 bonds in the fourth quarter if required. ...

https://www.moneycontrol.com/news/business/union-bankindia-sees-credit-pick-uph2-pares-credit-growth-target-to-7-9_13181821.html

Anurag Thakur

"Banks should also focus on genuine customers who need financial support to grow their businesses and the MSME sector, which is the backbone of our... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/ensure-adequate-credit-to-small-businesess-anurag-thakur/articleshow/72012372.cms

CVC awaits sanction to prosecute 100 govt officials

It has been over four months since the Central Vigilance Commission (CVC) has been awaiting sanction to prosecute nearly 100 central government... ...

http://www.rediff.com/news/report/cvc-awaits-sanction-to-prosecute-100-govt-officials/20191111.htm

DHFL seeks intervention from SBI, Union Bank to repay depositors

In letters to the State Bank of India and Union Bank of India, DHFL has sought the lenders’ help to resume repayments to depositors, a process... ...

https://economictimes.indiatimes.com/industry/banking/finance/dhfl-seeks-intervention-from-sbi-union-bank-to-repay-depositors/articleshow/71928862.cms

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