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Extension of term of office of the three MD & CEOs and ten EDs...
The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for extension of term of office of...
What is EASE 4.0?
Ease 4.0 (Enhanced Access and service Excellence) is launched on 25th August 2021 by Finance Minister Nirmala Sitharaman. It is a reform agenda for...
Finance Minister met with Public Sector Banks
Today on 25th august Finance Minister Nirmala Sitharaman met with MD and CEO of Public Sector Banks(PSBs). Meeting was scheduled to review the financial...
RBI promotes three officials
The Reserve Bank of India(RBI) promoted three officers of Grade F as executive directors for the year 2021-2022. At present RBI has 12 executive...
CBI registers case for ₹6,833.82 cr. Bank Fraud of Shri Lakshmi Cotsyn
On 7th Aug 2021 Central Bureau of Investigation has booked one of the biggest bank scam lead by Kanpur based Shri Lakshmi Cotsyn of...
RBI Issues Notifications on Interest on Overdue Domestic Deposits
RBI in a recent circular accentuated the review of instructions on Interest on overdue domestic deposits addressing all Scheduled Commercial Banks (including RRBs), all...
RBI Governor talks about getting through the COVID crisis
RBI Governor talks about getting through the COVID crisis and lays measures for MSMEs and Small Businesses. Important Announcements by RBI Governor in an...
Bank Strike on 15th and 16th March 2021 | Why Bank Strike Fails
Bank branches may be shut for the next four consecutive days due to Bank strikes and other bank holidays. Bank Unions have called for...
Why to Oppose Privatization of PSU Banks?
The Union Budget 2021 has announced the privatization of two public sector banks. The move, coming after 51 years of nationalization of government-owned banks...
Privatization of PSU Banks in India
Finance Minister Nirmala Sitharaman announced that along with IDBI bank, the government proposed to take up privatization of two public sector banks and one...