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Essar Steel Takeaway from the Judgment – Issues and reply

In the matter of Standard Chartered Bank Appellant Vs. Satish Kumar Gupta, R.P. of Essar Steel Ltd. & Ors. Respondents Date of the Judgment...
merger of BOB Vijaya bank and Dena Bank

Merger of Three PSU Banks – Bank of Baroda, Vijaya Bank & Dena Bank

Finally, the day after Finance Minister Arun Jately led the idea to merge public sector Banks, the government on late night Monday announced the...

Who will be the new MDs and CEOs at PSU Banks?

On 30th June 2018, Banks Board Bureau (BBB) has released a recommendation list of 14 personages for the post of Managing Directors (MDs) and...

Bank of Maharashtra CEO arrested for Rs.3000 crore fraud

The Pune Economic Offence Wing (EoW) has arrested Ravindra Marathe, the MD and CEO of Bank of Maharashtra (BoM) for colluding with the DS...

Centre nods to merge of Regional Rural Banks

The finance ministry of India has started the process to consolidate Regional Rural Banks. The committee has decided to reduce the units of regional banks...
atm machine

Why you should never share your ATM Card with anyone ?

We are always advised by our respective Banks not to share our ATM Card or ATM PIN to anyone. In fact every alternate day...

New Chairpersons appointed for Central Bank of India, Dena Bank and Punjab & Sind...

As an objective to reform Public Sector Banks, the finance ministry of India has appointed non-executive chairpersons at three PSU Banks namely Dena Bank,...

Robbery at Union Bank of India, Kanpur Branch

On 19 February 2018, Robbers broke into one of the branches of Union Bank of India in Kanpur by using a gas cutter and...

The PNB Fraud worth Rs.11,400 crore: How it Happened?

India's second biggest Public Sector Unit, Punjab National Bank detected fraud transactions worth Rs.11,400 crore ($1.77 billion) at one of its Mumbai Branches. This...

Highlights of Union Budget 2018

Today, 01 February 2018, the Finance Minister of India, Mr. Arun Jaitley presented the Union Budget for the fiscal year 2018-19 in the parliament. The...