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Collection on securitised loans to recover post second wave
The collection on securitised loans are set to see a recovery post the second wave once the restrictions are slowly lifted
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RBI extends regulatory restrictions on PMC Bank till Dec
Paving the way for takeover of PMC, the RBI had earlier in the month granted in-principle approval to Centrum Financial to set up a small finance bank
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IFSC codes of erstwhile Syndicate Bank branches to change
The new IFSC can be obtained through URL canarabank.com/IFSC.html or accessing the website of Canara Bank or by visiting any Canara Bank Branch
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RBI imposes penalty on Bank of India, Punjab National Bank totalling Rs 6 crore
A penalty of Rs 4 crore has been imposed on Bank of India and Rs 2 crore on Punjab National Bank
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Ensure continuity in provision of various financial services: RBI guv to private banks
RBI Governor Shaktikanta Das also urged private banks to continue focussing on efforts to further strengthen their balance sheets proactively
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PNB doorstep banking: Charges, cash withdrawal and other details you need to know
To get cash delivered at your doorstep, register yourself through the toll-free number or the DSB app
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Offer to sell Centre’s 1.95% stake in Axis Bank gets good response on first day
The sale of 1.95% stake in Axis Bank is expected to fetch around Rs 4,000 crore to the exchequer
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PSBs will only lead bad bank, private banks also need to support it: SBI MD
State-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks and other le
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RBI imposes Rs 3 crore penalty on ICICI Bank
A penalty of Rs 3 crore has been imposed on ICICI Bank for contravention of certain directions, RBI said
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Will continue to be CEO of Kotak Mahindra Bank till December 2023: Uday Kotak
Kotak Mahindra Bank's head Uday Kotak on Monday said his current term as the managing director and chief executive is till December 2023 and the board
