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CASA deposit drops for bigger pubic sector banks – The share of CASA deposits to total deposits of pubic sector banks contracted to 40.58% at the end of 31st Dec 2023 as compare to 42% in the year 31st Dec 2022. 6 out of 12 public sector banks are below the average of 40.58%. Bank […]
Union Bank of India to raise ₹3,000 crore via QIP : Union Bank of India’s “Committee of Directors for Raising Capital Funds” on Tuesday approved the raising of funds up to ₹3000 crore through issue of equity shares at a floor price of ₹ 142.78 per equity share to Qualified Institutional Buyers. This capital raising […]
Public Sector BOI, IOB, and UCO Bank Get New Chairmen – The Appointments Committee of the Cabinet (ACC) has appointed former LIC Chairman M R Kumar as part time non official Director as well as non-executive Chairman of Bank of India (BOI) He has been appointed as BOI Chairman for a term of three years. […]
Checkout the Best Life time Free Credit Cards in 2024 issued by banks in India. The Best Credit Cards are shortlisted based on various categories like Free Credit Cards for Shopping, Travel, Cashback, Fuel or Lowest EMI Interest Rate. Get the detailed Credit Card reviews of various banks, NBFCs, Co branded and Fintech companies, its reward […]
Know the steps to open Canara Bank Account Online With Video kYC or VCIP – Public sector Canara bank has provided the online services to open the saving account online with Video KYC. A customer need not to visit the branch to open the saving account with the bank. Earlier DIYA online account opening service […]
The Indian Bank Association (IBA) and bank employee unions have agreed to the 12th bipartite salary hike settlement. This settlement will be in effect for the next five years, starting from November 1, 2022. As per the officially signed MOU, government bank employees will be receiving a 17% increase in salary with 3% load factor. […]
Public Sector UCO Bank stops IMPS service for customers due to some internal technical glitches. The popular instant money transfer facility IMPS (Immediate Payment Service) is now provided offline to customers by the bank. Earlier the bank had reported a technical issue in IMPS was observed due to which “certain transaction(s) initiated by holders of other […]
Steps to make Canara Bank PPF/SSY Payment Through NFFT – Canara Bank has provided facility for all their PPF or SSY customers to make contribution from any banks online through NEFT. Now any of the Customer of the Canara Bank can login to mobile banking & Internet banking of any banks and pay their contribution […]
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