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Public Sector Canara Bank has been adjudged “Best Bank under Digital Payments” amongst all Banks in India for the Financial Year 2021-2022 by the Ministry of Electronic & Information Technology (MIETY). The award was given for achieving the set target under various digital payments & channels. At a function held today, 09.02.2023, in New Delhi, […]
In a surprise move, the Reserve Bank of India, RBI bans SBM Bank from LRS remittance transactions and instructed to stop it immediately. The action was taken by the central bank under sections 35A and 36(1)(a) of the Banking Regulation Act, 1949,and directed SBM Bank to stop Liberalized Remittance Scheme (LRS) with immediate effect till […]
A good show in previous three quarters by Public Sector Bank has strengthen their rating also. The rating agency Moody’s has upgraded the Credit Rating of Canara Bank, PNB & Bank of Baroda to Baa3. The long-term local and foreign currency bank deposit ratings of these three banks upgraded to Baa3 from Ba1. The baseline […]
Daily banking news update for today. The most important banking news of the day around the web is summarized from the various newspapers. Subscribe for the Daily Banking news at askbanking. GOVERNMENT APPROVES FAIR AND REMUNERATIVE PRICE OF SUGARCANE PAYABLE BY SUGAR MILLS TO SUGARCANE FARMERS FOR SUGAR SEASON 2022-23: The Cabinet Committee on Economic […]
Daily Banking News of dated 28th Jult. Get the latest updates about banking sector around the web. UNION MINISTER OF AGRICULTURE AND FARMERS WELFARE LAUNCHES THE 11TH AGRICULTURE CENSUS IN THE COUNTRY: The Eleventh Agricultural Census (2021-22) was launched in the country today by the Union Minister for Agriculture and Farmers Welfare, Shri Narendra Singh […]
Daily Banking News around the web, get latest banking and financial news for the day and start your morning. CABINET APPROVES SIGNING OF MoU BETWEEN NATIONAL INSTITUTE OF RURAL DEVELOPMENT AND PANCHAYATI RAJ (NIRD&PR) AND UNIVERSITY OF READING (UOR), UNITED KINGDOM: The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, was apprised of a […]
Daily Banking News updates for 27th July. Subscribe askbanking for latest and daily banking updates/financial news. MoHUA SANCTIONS 122.69 LAKH HOUSES UNDER PMAY-U ‘HOUSING FOR ALL’ MISSION: Ministry of Housing and Urban Affairs is implementing Pradhan Mantri Awas Yojana-Urban (PMAY-U) – ‘Housing for All’ Mission, since 25.06.2015 for giving Central assistance to States / Union […]
Daily Banking News updates for 26th July. Subscribe askbanking for latest and daily banking updates. INCOME TAX DAY OBSERVED ON 24 JULY: The 163rd anniversary of Income Tax Day was observed by Central Board of Direct Taxes (CBDT) and all its field offices across India today. Finance Minister Smt. Sitharaman appreciated the Income Tax Department […]
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