Finance Ministry Calls PSB Chiefs for Q1 Financial Performance Review Meet on August 20

Finance Ministry Calls PSB Chiefs for Q1 Financial Performance Review Meet on August 20

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The Finance Ministry has called a meeting with the heads of public sector banks (PSBs) on Wednesday, August 20, to review their financial performance...

Rajgurunagar sahakari bank limited is penalised financially by the RBI

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The Rajgurunagar Sahakari Bank Limited, situated in Pune, was fined Rs 4 lakh by the Reserve Bank of India (RBI) on Monday for failing...
Chandigarh Locals Get Priority: 85% Jobs Reserved in State Cooperative Bank

Chandigarh Locals Get Priority: 85% Jobs Reserved in State Cooperative Bank

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The Chandigarh State Cooperative Bank Limited has decided to reserve 85% of its jobs for people who live in Chandigarh. Out of this 85%...
Sonali Sen Gupta Appointed as New Executive Director

New Leadership at RBI: Sonali Sen Gupta Appointed as New Executive Director

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Sonali Sen Gupta has been promoted to the position of Executive Director (ED) at the Reserve Bank of India (RBI), with her appointment becoming...

Supreme Court rejects Bank’s case against a Farmer

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The Supreme Court had rejected a case on Friday put forth by the Bank of Maharashtra challenging a High Court's order. The High Court...
The Bank of England

The Bank of England Cuts Interest Rates to a Two-Year Low: What It Means...

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The Bank of England has recently cut its benchmark interest rate to the lowest level seen in two years, a move that is reverberating...

A Nationalised Bank Employee is exempted from Rotational Transfer by the Allahabad High Court

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The Allahabad High Court recently rejected the transfer order of a Central Bank of India employee as his wife is permanently disabled with 100%...
sbi

SBI DISHONOURS CHEQUE AFTER MISREADING KANNADA NUMERAL; FINED RS 85,000

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The Dharwad District Consumer Grievance Redressal Forum fined a State Bank of India branch in Karnataka Rs. 85,177 after failing to recognize a Kannada...

RBI in talks with 4 banks, fintechs for digital currency launch this financial year

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The Reserve Bank of India (RBI) is in consultation with a number of fintech companies and is reported to have asked four public sector...
Government to Hold Two-Day ‘Manthan’ Meeting with PSBs on Sept 12–13, Plans Future Roadmap for PSBs

Government to Hold Two-Day ‘Manthan’ Meeting with PSBs on Sept 12–13, Plans Future Roadmap...

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The Indian government is holding a special two-day meeting with public sector banks (PSBs) on September 12 and 13, called "Manthan". This is the...