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Anand Adhikari
September 17, 2018
The merger of Dena Bank and Vijaya Bank with Bank of Baroda will create new challenges for the amalgamated bank.


BusinessToday.In
New Delhi, September 12, 2018
Choksi was allegedly in the business of \"highly inflating\" prices of the gems and jewellery sold from his outlets.


Anand Adhikari
New Delhi, September 4, 2018
Given the competitive landscape, the new India Post Payments Bank has to differentiate its offering in terms of technology, faster delivery and building a long term sustainable business model.


BusinessToday.In
New Delhi, September 3, 2018
Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.


BusinessToday.In
August 30, 2018
A 165-page dossier submitted to the United States Bankruptcy Court Southern District of New York may have finally blown the lid off biggest banking fraud in Indian history.


PTI
August 26, 2018
According to the data, 159 branches of PSBs are operating in foreign countries, of which 41 branches were in losses in 2016-17. The country's largest lender State Bank of India (SBI) led the pack with nine of its overseas branches in the red.


Naveen Kumar and Renu Yadav
New Delhi, August 20, 2018
Digitisation has reached a level where you can manage your entire financial world with clicks and taps. Here is what all you can do and how you can manage personal finance digitally.


BusinessToday.in
New Delhi, August 6, 2018
Banks collect Rs 5,000 cr as minimum balance penalty in FY 2017-18As many as 21 public sector banks (PSBs) and three major private sector lenders have collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18. Among the PSBs, the State Bank of India emerged the highest earner with Rs 2433 crore penalty - nearly half of the total collection.PM Modi to inaugurate India Post Payments Bank on August 21Prime Minister Narendra...


PTI
August 3, 2018
The CBI said it has underlined the principle of reciprocity, principle of dual criminality, and the United Nations Convention against Corruption to which both Antigua and India are signatories.


Mudit Kapoor
New Delhi, July 30, 2018
This initiative aims to facilitate those who can't stand in long ATM queues or are not in a position to perform bank-related tasks themselves. Cases related to elderly becoming victims of theft, snatching, robbery, etc, while they do bank-related work, are on the rise.


BusinessToday.In
New Delhi, July 18, 2018
The second largest public bank charged Rs 31.99 crore as a penalty in the first quarter of FY18, Rs 29.43 crore in the second, Rs 37.27 crore in the third and Rs 52.97 crore in the fourth quarter.


BusinessToday.in
New Delhi, July 13, 2018
Sensex hits fresh high of 36,740, Nifty at 11,057; Wipro, Reliance Industries, Infosys top gainersThe Sensex and Nifty continued their rally in early trade today despite flow of negative news on macroeconomic front on Thursday. While the Sensex rose 174 points or 0.48% to 36,723 level, the Nifty climbed 35 points or 0.32% to 11,058 level.Fortis accepts $584 million stake deal from Malaysia's IHH HealthcareFortis Healthcare Ltd said on Friday that it accepted an investment offer from...


BusinessToday.In
July 2, 2018
The red notice is a request to locate and provisionally arrest an individual pending extradition.


BusinessToday.In
June 26, 2018
The PNB's internal probe has revealed that its former official Gokulnath Shetty cleared over 13,000 transactions of Rs 1 crore which was well beyond his authorised limit of Rs 25 lakh. Shetty's name had first cropped up when the PNB in February announced that it had detected fraudulent transactions at its Brady House Branch in Mumbai.


BusinessToday.In
New Delhi, June 15, 2018
Of the total NPA write-offs in 2017-18, India's biggest public sector bank SBI alone wrote-off around 25 per cent of the total bad loans at Rs 40,196 crore.


BusinessToday.in
May 30, 2018
Given that the public sector banks alone control 75 per cent of the total business in the country, the public is sure to face some inconvenience till the strike ends, or is called off.


Anand Adhikari
New Delhi, May 28, 2018
Public sector banks have a lot of catching up to do to engage with fintech players.


Virendrasingh Ghunawat
Mumbai, May 21, 2018
The biggest crooks in the entire list were the former CEO and MD of PNB Usha Ananthsubramanian, KV Brahmaji Rao (ED, PNB), Sanjiv Saran (ED, PNB) and Nehal Ahad (GM of PNB.


PTI
New Delhi, May 20, 2018
The CBI is likely to approach Interpol for a Red Corner Notice against absconding billionaire jewellers Nirav Modi and Mehul Choksi who are allegedly the brains behind the over $2 billion scam in Punjab National Bank, agency sources said.


BusinessToday.In
New Delhi, May 15, 2018
The PNB's total income also declined to Rs 12,945.68 crore in Q4 from Rs 14,989.33 crore in the year-ago period. The bank's total NPAs (non-performing assets) rose to 18.38 per cent for Q4 against 12.53 per cent a year ago.


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