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 directors ,30 chief general managers who come under...
On 7th Aug 2021 Central Bureau of Investigation has booked one of the biggest bank scam lead by Kanpur based Shri Lakshmi Cotsyn of Rs. 6833 crore to a consortium bank finance...
RBI in a recent circular accentuated the review of instructions on Interest on overdue domestic deposits addressing all Scheduled Commercial Banks (including RRBs), all Small Finance Banks, all Local Area Banks and...
RBI Governor talks about getting through the COVID crisis and lays measures for MSMEs and Small Businesses. Important Announcements by RBI Governor in an unscheduled meeting held on 5th May 2021.
RBI...
Bank branches may be shut for the next four consecutive days due to Bank strikes and other bank holidays. Bank Unions have called for a two-day Bank strike to begin on March...
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 in 1969, will give the private sector a...
Sukanya Samriddhi Account: Sukanya Samriddhi Yojana (SSY) is a scheme started for daughters. By investing in this government scheme, parents can ensure their daughter's golden future along with saving. Sukanya Samriddhi Account...
Finance Minister Nirmala Sitharaman announced that along with IDBI bank, the government proposed to take up privatization of two public sector banks and one General Insurance company.
Privatization is happening after 51...
In the recent past, it has been observed that incidence of Non Borrowal Frauds are in rise. Most of the frauds are done through cloned cheques, making alteration in the original cheque,...
In the last few days, Twitter was trending with the hashtag #5DaysBanking. The trend attracted many eyeballs in the country and made people ponder what's happening on the Banking front. Bankers from...
