Tuesday, 31 March 2020
India Bank News
India Bank News
Read Top India Bank News Headlines and Daily Updates in English
Making gold metal loan a robust financial product is key to successful GMS: Mehrasons
Banks must sanction a gold metal loan (GML) in the weight of gold and permit its rollover on paper without importing physical gold, a leading industry expert has said....
Sitharaman asks public sector banks to maintain liquidity at all levels
Finance Minister Nirmala Sitharaman on Saturday made a one-to-one call with the Chairman and Managing Directors (CMDs) of all public sector banks and asked them to maintain adequa...
Kotak Mahindra Bank, MD jointly pledge Rs 50 crore to PM-CARES Fund
In the wake of COVID-19 pandemic, Kotak Mahindra Bank and its Managing Director Uday Kotak pledged immediate support of Rs 50 crore to the PM-CARES Fund....
Yes Bank board clears Rs 5,000 crore capital raising plan
Private sector lender Yes Bank will raise up to Rs 5,000 crore as equity capital in the second round to meet regulatory requirements and support business....
SBI passes on entire 75 bps rate cut to borrowers
In a major relief for its customers, the State Bank of India (SBI) on Friday said that it would pass on the entire 75 basis point rate cut to its retail borrowers. ...
IndusInd Bank shares locked in upper circuit after stock jumps over 48 pc
Shares of private sector lender IndusInd Bank touched upper circuit on Thursday afternoon, snapping an eight-day losing streak and clocking the biggest-ever intra-day gain....
Yes Bank ratings upgraded by ICRA, but stock falls by 14 pc
Shares of Yes Bank dropped by 14.41 per cent on Wednesday afternoon even as ICRA upgraded its commercial papers and placed them on rating watch with developing implications....
Withdraw cash from any ATM free of charge
The government has reduced charges for digital trade transaction and ATM cash withdrawals to promote digital financial transactions at the time of COVID-19 pandemic. ...
RBI advances OMO purchase auction to Mar 24 and 26
The Reserve Bank of India (RBI) on Monday advanced open market operations (OMO) purchase auction of Rs 30,000 crore....
RBI appoints two Additional Directors on Yes Bank's new board
The Reserve Bank of India (RBI) on Friday appointed R Gandhi and Ananth Narayan Gopalakrishnan as Additional Directors on the board of Yes Bank Ltd from March 26 for a period of t...
Bank unions call off March 27 strike
Two major unions in the banking sector - All India Bank Employees' Association (AIBEA) and All India Bank Officers Association (AIBOA) have called off their March 27 strike, a uni...
DBS Bank India takes steps to support COVID-19 relief measures
DBS Bank India has announced a series of initiatives and support measures to help customers amidst the COVID-19 pandemic....
RBI renews authorisation to Vakrangee for white label ATMs
The Reserve Bank of India (RBI) has extended the validity of authorisation issued to Vakrangee Ltd to set up, own and operate white label automated teller machines (ATMs) in India...
IndusInd Bank rubbishes speculation on its financial health
Private sector lender IndusInd Bank has said it is financially strong, well-capitalised, profitable and a growing entity with strong governance....
Karur Vysya Bank enters precious metals business
Karur Vysya Bank (KVB) on Wednesday announced the launch of its precious metals business....
RBI announces OMO purchase of government dated securities
The Reserve Bank of India (RBI) on Wednesday decided to conduct open market operations (OMOs) on March 20 in the form of purchase of an aggregate amount of Rs 10,000 crore of gove...
'Banks should delay declaring companies' accounts as NPAs'
Centre should ask banks to delay declaring companies' accounts as NPAs for one year due to the economic fallout of COVID-19, the Federation of Indian Export Organisations (FIEO) s...
Yes Bank to resume full banking services from today
Yes Bank, on which the Reserve Bank of India (RBI) had imposed a moratorium, will resume normal operations from 6 pm on Wednesday....
Yes Bank resumes operations, online services crash
Yes Bank resumed full-fledged banking operations on Wednesday. However, there were initial glitches with customers complaining of problems in using online banking services and the...
Cyril Amarchand Mangaldas advises the lead managers on the SBI Cards IPO
India's largest law firm Cyril Amarchand Mangaldas advised in relation to the Rs 10,341 crore IPO of SBI Cards and Payments Limited (SBI Cards) which is one of the biggest IPOs in...
5,000 coaches to be converted into isolation wards: Railways
Decoded: Where do employees gaze at during video calls
Lockdown diaries: Suhana Khan learning make-up
How to make saree your workwear staple
Prince Charles out of self-isolation, in 'good health'
Common problems in the 1st trimester of pregnancy
Raveena Tandon's cat says 'no' to bathing
Vin Diesel's son says COVID-19 is 'helping us in more ways than it's hurting us'
COVID-19: Focus on breathing for mental wellbeing
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