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Finance Minister Arun Jaitely said that “State police investigating a Central PSU threatens the federal balance”.He further added that overreach of Central, State investigation agencies has threatened bankers; anti-graft law affecting honest decision-making. Read – Bank Of Maharashtra Chairman, ED Arrested in Rs. 3,000 Crore Fake Loans Case Finance Minister was quoting with reference to the recent […]
Union Minister of Finance (Temporary) Piyush Goyal has stated that the banking system in India has failed to work according to the expectations of the people and government. The high moral standards that were expected from bank employees did not come true. Goyal also admitted that there has been political interference in government banks in […]
Reserve Bank of India (RBI) has granted permission to Bank of China to operate and open branches in India. It is said that the RBI has issued licence to Bank of China to set up its first branch in India. It was a commitment made by the prime minister to the President of China. Bank […]
PayTm Fraud with Fake Android Apps – Recently many cases were registered by Hyderabad Police where crooks are resorting to fake apps like ‘prank Paytm’ to con shopkeepers and merchandise owners. The Android application “Fake PayTm” was used for generating the fake payment receipt along with transaction ID to cheat people. Frauds has taken place […]
Canara Bank is raising Rs 1000 crore through Employee Stock Purchase Plan. Canara Bank board has approved the purchase of 6 crore equity shares to its staff to raise up to Rs 1,000 crore under employee stock purchase scheme. The bank has plans to raise Rs 7,000 crore during 2018-19. Read – Rs 7,840 Crore Equity Capital […]
Public Sector Syndicate Bank has announces to raise equity capital of Rs 7,840 Crore. The capital will be raised through various means including preferential issue to the government, creating equity shares by way of qualified institutional placement or rights issue or follow on public issue or any another mode in one or more tranches. The decision of […]
Jobs Vacancy at RBI – Reserve Bank of India (RBI) has published the Jobs notification for 166 Grade “B” officers. Any Indian citizen of age group between 18-30 years can apply online following the below link. Registration process for online application will start from 03rd July 2018 and ends on 23rd July 2018. The tentative date […]
Syndicate Bank Offering Free EMV Chip Based Debit Card – Public Sector Syndicate Bank has twitted a notification on their Official handle for blocking of Magnetic Strip card post 31st December 2018 with the reason of enhanced security concern on Debit Cards. They are further, issuing free of cost EMV Chip based Debit cards to all […]
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