Banks
- Business
Sitharaman to review performance of credit schemes for SCs by public sector banks
New Delhi: Union Finance Minister Nirmala Sitharaman will hold a review meeting of public sector banks on Tuesday, where the focus would be on status and performance of their credit and other…
- India
Here’s list of 21 bank holidays in October
New Delhi: Reserve Bank of India (RBI) has released the list of bank holidays for the month of October 2022. A total of 21 holidays have been listed by the central bank.…
- Middle East
Lebanon to adopt strict security measures after bank raids
Beirut: Security forces in Lebanon will take strict measures amid mounting security concerns after a number of bank raids carried out by angry depositors demanding their savings, Interior Minister Bassam Mawlawi said.…
- Politics
Congress slams Centre over privatisation of banks
New Delhi: The Congress on Friday hit out at the Modi government over its policy of privatising banks and said the Reserve Bank of India’s latest report has warned against further reduction…
- India
Banks hike deposit rates ahead of festive season
Mumbai: Most banks are increasing their deposit rates for boosting deposit to support rising credit off-take as liquidity in the banking system has narrowed. The hike in deposit rates are in line…
- India
Banks write off about Rs 10 lakh crore in last five financial years
New Delhi: A recent Parliament reply disclosed that scheduled commercial banks have written off loans worth about Rs 10 lakh crore in the last five financial years. According to a reply by…
- Technology
Banks to spend additional $31 bn on AI to reduce frauds
New Delhi: Banks worldwide are expected to spend an additional $31 billion on artificial intelligence (AI) embedded in existing systems by 2025 to reduce fraud, according to a report. Similarly for banking…
- World
China deploys tanks to prevent people from withdrawing money from crisis-hit banks
Zhengzhou: In a grim reminder of the 1989 Tiananmen Square Massacre, armoured tanks were seen deployed on the streets of China amidst large-scale protests by people demanding the release of their savings…
- India
Congress accuses BJP of receiving multi-crore donations from scam-hit DHFL
New Delhi: The Congress on Saturday accused the BJP of having accepted donations of crores of rupees from the promoters and associated companies of the fraud-hit DHFL and asked whether there was…
- Jobs
IBPS issues notification to fill up various posts in 43 banks
New Delhi: Institute of Banking Personnel Selection (IBPS) has invited applications to fill up the posts of Officer Scale-III (Senior Manager), Officer Scale-II Specialist Officer (Manager), Officer Scale-II General Banking Officer (Manager),…
- Business
StrideOne raises Rs 250 cr to help startups meet financing needs
New Delhi: Financial services platform for startups StrideOne on Tuesday said it has raised Rs 250 crore via a mix of equity (led by Elevar Equity) and debt from banks. StrideOne, founded…
- India
Banks to introduce cardless cash withdrawal at ATMs – Know how it works
New Delhi: Reserve Bank of India (RBI) recently asked banks and ATM operators to provide an option of cardless cash withdrawals at all ATMs across the country. Once it is introduced, bank…
- Telangana
Telangana: Banks to remain closed for eight days in May
Hyderabad: Banks across Telangana will remain closed for eight days along with five Sundays during the month of May. Here is a list of Bank holidays in Telangana for the month of…
- India
Banks on 2-day strike from Monday
New Delhi: The banks will observe a nationwide strike on Monday (March 28) and Tuesday (March 29) to protest against the Banking Laws (Amendment) Bill, 2021, and oppose the privatisation of public…
- India
First Covid and now Ukraine, global markets reel under blow after blow
New Delhi: The only positive consequence of a continuing conflict in Ukraine from a market standpoint is that the longer it goes the more likely it is to temper the recently conceived…
