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Latest Banking News & Financial updates from around the web. Daily updates on Global Banking News, Financial Markets, Economy and News from the different banks.
Canara Bank Receives the Banker’s Bank of the Year Award 2022 and judged as Best Bank in India. The award was announced for the India segment at the Global Banking Summit, held in London, UK from November 29, 2022, to December 1, 2022. The best bank award was received by the MD & CEO of […]
Can Children of Legal Heirs Stake Claim in Property if already gave up inheritance claim by them in the past – Property dispute between the family members are common, and a major hurdle for bankers in financing home loan or mortgages. If the loans are not financed with uttermost legal clarity, there may be dispute […]
Is There Going to be a Huge Recession, why does the rupee keep falling, explained by former Vice-Chairman of NITI Aayog, Rajiv Kumar. He said that when the rupee weakens, the exporters get more rupees and their profit increases. This encourages exports. Due to this there will definitely be a reduction in the current account […]
Know the reason Why is Indian Rupee Falling Against Dollar – At the time of India’s independence, the value of one dollar was equal to one rupee, but in the year 2022 the value of Indian rupee has reached its lowest level and to buy one dollar one has to spend 79 rupees. This article […]
BBB Recommends MD & CEO Name for PSBs and SBI MD – The Bank Board Bureau (BBB) Recommends the name of following executives for the post of MD & CEOs of PSBs i.e. Union Bank of India, Indian Overseas Bank (IOB) and Punjab & Sindh Bank (PSB). The list was published on the official Twitter […]
The top court has extended the period of limitation for filing appeals by litigants until further orders due to COVID alarming situation. The Supreme court has also agreed to extend the period of limitation for filing suits. It is observed by the court that resurgence of COVID-19 cases has put the litigants in a difficult […]
Supreme Court rejected the Rejects the Complete Interest Waiver on Loan and extension of loan moratorium relief – In a big relief to Banking sectors, the Supreme court of India has ruled out the extension of any Loan Moratorium. The supreme court has delivered the judgement in this regard and ordered the complete waiver of […]
RBI Starts LEI for RTGS and NEFT transactions – RBI starts LEI for large value transactions in centralized payment systems of Rs 50 crore and above transactions : The Reserve Bank of India (RBI) has introduced the legal entity identifier (LEI) in a phased manner in the over-the-counter derivative and non-derivative markets as well as […]
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