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Bank of Baroda said it intends to sell these NPA accounts to ARCs/banks/NBFCs or other financial institutions on 100% cash basis, for which the e-auction will take place on June 21, 2021
An attractive VRS will make PSBs lean and fit for takeover by the private sector entities that are keen to enter the banking space
Here we take a step-by-step look at how you can seamlessly complete the process
In the Finance Bill 2021, the government introduced a new section which mandates linking PAN and Aadhaar
A penalty of Rs 4 crore has been imposed on Bank of India and Rs 2 crore on Punjab National Bank
Yes Bank will raise funds in "Indian/foreign currency by issue of debt securities including but not limited to non-convertible debentures, bonds, medium-term note"
For the Centre, privatisation-disinvestment remained a chimera in the last financial year. So far, the new year too holds no big promise
Jan Dhan accounts: However, there has been a decline in the number of beneficiaries who have been issued debit cards
RBI Governor Shaktikanta Das said he was confident that the non-performing loans of banks will be within the projections made in its Financial Stability Report in January this year
State Bank of India news: The phone and an internet connection can open the world to an entire world of banking experience from the safe confines of one’s home