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Banking News

PNB Scam – Govt dismisses Usha Ananthasubramanian from service at the last day of work

In a sudden move, Government of India has dismissed Allahabad Bank Managing Director Usha Ananthasubramanian from service. Ananthasubramanian is the former CEO & managing...

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Banking News

These Public Sector Banks May Introduce Performance-Linked Pay

Public Sector Banks are gearing up to compete with Private Sector banks and it's started with right track - Three Public Sector...

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Banking News

Canara Bank To Raise Rs 1,000 Crore Through Employee Stock Purchase Scheme

Canara Bank is raising Rs 1000 crore through Employee Stock Purchase Plan. Canara Bank board has approved the purchase of 6 crore equity...

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Banking News

Rs 7,840 Crore Equity Capital Will Be Raised By Syndicate Bank This Fiscal

Public Sector Syndicate Bank has announces to raise equity capital of Rs 7,840 Crore. The capital will be raised through various means  including...

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Banking News

IBA Angry Over Arrest of Bank of Maharashtra CEO & MD, Called it “Harassment”

Recent arrest of Bank of Maharashtra MD & CEO Ravindra Marathe, its executive director Rajendra Gupta, zonal manager Nityanand Deshpande and four other...

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Banking News

Bank Of Maharashtra Chairman, ED Arrested in Rs. 3,000 Crore Fake Loans Case

Public Sector Bank of Maharastra Chairman & CEO along with Executive Director, Zonal Manager and previous Managing Director arrested by Economic Offences Wing...

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Banking News

Mahesh Kumar Jain Appointed As RBI Deputy Governor

New RBI Governor Shri Mahesh Kumar Jain - IDBI Bank CEO & MD Shri Mahesh Kumar Jain appointed as the Deputy Governor...

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Digital Banking

BHIM & Rupay Now Launched in Singapore

NPCI's UPI based payment platform BHIM & Rupay along with SBI apps is now launched in Singapore for remittance. Prime Minister Mr....

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