Bank
- India
More than 97% of Rs 2,000 notes returned to banking system: RBI
Mumbai: The Reserve Bank of India (RBI) on Wednesday said that more than 97 per cent of the Rs 2,000 bank notes have been returned to the banking system and only about…
- Middle East
CBUAE lifts monitoring imposed on bank operating in UAE
Dubai: The Central Bank of the UAE (CBUAE) announced the conclusion of administrative measures it had previously imposed on a bank operating in the UAE. This is a result of the bank’s…
- India
RBI proposes 6-month deadline for banks to identify wilful defaulters
Mumbai: The RBI in its draft master directions issued on Thursday has proposed that lenders should label defaulting borrowers as ‘wilful defaulters’ within six months of an account turning non-performing asset (NPA).…
- Kashmir
J-K Bank dismisses employee from service over allegation of being threat to state
Srinagar: Jammu and Kashmir Bank Saturday terminated an employee from service for allegedly being a threat to the security of the state, officials said. The services of Sajad Ahmad Bazaz were terminated…
- Business
South Indian Bank’s Stock Rises 6% as RBI Approves New CEO
New Delhi: The stock of South Indian Bank jumped more than 6 per cent on Friday after the RBI conveyed its approval for the appointment of P.R. Seshadri as the Managing Director…
