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Banking News

IBA Angry Over Arrest of Bank of Maharashtra CEO & MD, Called it “Harassment”

Recent arrest of Bank of Maharashtra MD & CEO Ravindra Marathe, its executive director Rajendra Gupta, zonal manager Nityanand Deshpande and four other...

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Banking News

Bank Of Maharashtra Chairman, ED Arrested in Rs. 3,000 Crore Fake Loans Case

Public Sector Bank of Maharastra Chairman & CEO along with Executive Director, Zonal Manager and previous Managing Director arrested by Economic Offences Wing...

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Banking News

List of 22 GMs Recommended by BBB for Elevation as Executive Directors in Banks

Selection of Executive Directors in Public Sector banks, BBB Recommendations - Advisory body for selection of candidates for top level board appointment,...

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Bank Account FAQs

PNB, Syndicate & Union Bank May Come Under PCA

PNB, Syndicate Bank & Union Bank of India may come under RBI's prompt corrective action (PCA). ET has reported that  Reserve Bank of India...

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Banking News

Minister Issued Letter To Stop Salary Increment of Bank Official With Not Enough Mudra Loan

Recent Media reports stated that Union Minister of State for Home, Hansraj Ahir had issued a letter to Ashutosh Salil, DM of...

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Banking News

Mahesh Kumar Jain Appointed As RBI Deputy Governor

New RBI Governor Shri Mahesh Kumar Jain - IDBI Bank CEO & MD Shri Mahesh Kumar Jain appointed as the Deputy Governor...

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Banking News

PSB Mega Mergers – Bank of Baroda, IDBI, Central Bank of India and OBC To Merge as Single Entity

Public Secotr Bank's (PSB) merger talks started again - The government is planning to merge four state-owned banks, namely India's third-largest PSU...

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Banking News

Sudha Balakrishnan – First CFO of Reserve Bank of India (RBI)

Reserve Bank of India (RBI) has appointed Sudha Balakrishnan as first Chief Financial Officer (CFO). Sudha Balakrishnan is a NSDL executive and her...

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