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Top Court Rejects the Complete Interest Waiver on Loan

Supreme Court rejected the Rejects the Complete Interest Waiver on Loan and extension of loan moratorium relief –  In a big relief...

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RBI Bans HDFC Bank from Issuing Credit Cards

RBI Bans HDFC Bank from Issuing Credit Cards and other new digital products. The bank has informed the stock exchange that the...

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Banking News

PSB Bank’s Strike – Rs 20,000 Crore Worth of Banking Transactions Hit

A two days bank strike by Public Sector Banks hit the transactions worth Rs 20,000 crore. Industry body Assocham, urging the United...

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Government Infuse Rs 22,915 Crore Capital in Public Sector Banks

Central Government Infuse Rs 22,915 Crore Capital in various Public Sector Banks as per the requirement of individual banks depending on the various...

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Basic Details of Marginal Cost of Funds based Lending Rate (MCLR) By RBI

Marginal Cost of Funds based Lending Rate (MCLR) is a new lending rate introduce by Reserve Bank of India (RBI) which is...

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No Quota in Promotion in PSU Banks

No Quota in Promotion in PSU Banks - Honorable Supreme Court of India has given the verdict on their own decision exactly a year after holding that officers belonging to the Scheduled Castes and Scheduled Tribes (SC/ST) can claim reservation in promotion from level 1 to level VI grade, the Supreme Court on Friday admitted that it had committed a mistake while passing the verdict and clarified that there can be no reservation in promotion. The judgment was delivered on review...

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