• World Bank projects India’s growth at 7.3% in 2018
World Bank projects India’s growth at 7.3% in 2018.
10 Jan, 2018. \\ Business.

After a stressful period for Indian economy, India is likely to regain its position of pride by recovering the tag of one of the fastest growing economic country of the world, as the World Bank predic...

  • Public Sector Banks should work towards restoring their credibility: Arun Jailtley
Public Sector Banks should work towards restoring their credibility: Arun Jailtley.
7 Jan, 2018. \\ Business.

Considering banks as one of the most important asset for the bright future of the country, Union Finance Minister, Arun Jaitley asked for the conjoint effort of both the government and the management ......

  • Government denies rumours of shutting down public sector banks
Government denies rumours of shutting down public sector banks.
23 Dec, 2017. \\ Business.

Dismissing rumours the government has there is no question of closure any public sector bank. Financial services secretary Rajeev Kumar on Friday said strengthening these banks by re-capitalisation pl...

  • Banks to provide funds at 7% to women SHGs, says RBI
Banks to provide funds at 7% to women SHGs, says RBI.
19 Oct, 2017. \\ Business.

The Reserve Bank of India (RBI) on Wednesday said banks will provide funds to women self help groups (SHGs) in rural areas at 7 per cent under the Deendayal Antyodaya Yojana National Rural Livelihoods......

  • Union Cabinet approves plans to merge some state-run banks
Union Cabinet approves plans to merge some state-run banks.
24 Aug, 2017. \\ Pratidin Exclusive.

Despite protest of the bank employees around the country, the Union Cabinet has approved the framework for merging state-owned banks. The government on Wednesday decided to set up an Alternative Mecha...

  • SBI to penalise non maintenance of Monthly Average Balance in accounts from today
SBI to penalise non maintenance of Monthly Average Balance in accounts from today.
1 Apr, 2017. \\ Business.

After a gap of five years, State Bank of India has decided to reintroduce penalty on non-maintenance of minimum balance in accounts from today. Failing to maintain monthly average balance in account......

  • SBI to penalise non maintenance of Monthly Average Balance in accounts from 1st of April
SBI to penalise non maintenance of Monthly Average Balance in accounts from 1st of April.
6 Mar, 2017. \\ Business.

State Bank of India has decided to reintroduce penalty on non-maintenance of minimum balance in accounts from 1st of next month. Failing to maintain monthly average balance in accounts will attract ...

  • 27 bank officials suspended for violating RBI instructions
27 bank officials suspended for violating RBI instructions.
3 Dec, 2016. \\ Pratidin Exclusive.

As many as 27 public sector bank officials were suspended and six transferred for carrying out violative activities post-demonetisation, an official statement said on Friday.   The ministry com......