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Latest Articles in Banking

Govt Appoints Vandita Kaul As Nominee Director On Board Of Bank Of India

Bank of India has a total of eight members on its board, including the MD and CEO Atanu Kumar Das, its four executive directors, one nominee director each from the government and the RBI and one shareholder director.

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Banks To Remain Shut On 13-14 May

However, all the online service including online transactions, mobile banking and ATMs services will be accessible.

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SBI CGM Nair To Be CEO Of National Asset Reconstruction Company

Finance Minister Nirmala Sitharaman in the budget for 2021-22 had announced that an asset reconstruction company or a bad bank would be set up to consolidate and take over existing stressed assets of lenders and undertake their resolution.

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Yes Bank Appoints Indranil Pan Chief Economist

Pan and his team will provide strategic and policy-level inputs for the bank, based on macroeconomic developments at global and national level, a statement said.

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Jana Small Finance Bank Launches I Choose My Number Feature

The allocation of the account number chosen by the customer will be subject to availability of the requested number

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J&K Bank Defers Board Meet On Proposed Rs 500 Cr-Capital Infusion From State Govt

Stock of J&K Bank traded at Rs 26.10 apiece on BSE, up 2.76 per cent from previous close.

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Bank Of Baroda Launches Microsite To Support Employees Amid COVID-19 Pandemic

The microsite will offer vital data, including a network of plasma donors to employees who are in need of. Recovered employees can also enrol themselves voluntarily as donors

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IDFC First Bank Q4 Profit Rises 78% To Rs 128 Cr

Total income during the fourth quarter rose to Rs 4,834 crore as against Rs 4,576 crore during the same period of FY20, IDFC First Bank said in a regulatory filing.

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2,118 Branches Of State-run Banks Closed Or Merged In Last Fiscal: RTI Reply

The highest number of 1,283 branches of Bank of Baroda were either closed or merged, according to information provided to an RTI query filed by Neemuch-based activist Chandrashekhar Gaud.

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No Immediate Plans To Raise Capital: SBI Chairman

Borrowers can get home loans starting from 6.70 per cent for loans up to Rs 30 lakh and 6.95 per cent for loans above Rs 30 lakh to Rs 75 lakh.

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SBI Digital Services To Be Affected Due To Maintenance On May 7

The bank's digital banking platforms, including Yono, Yono lite, internet banking, Unified Payments Interface (UPI) was affected due to maintenance.

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“Marketer Cannot Be Lazy”

Marketing automation will stay in focus, but its coverage and definition are set to evolve from inducing to transforming the customer journey.

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Cabinet Clears Strategic Disinvestment, Transfer Of Management Control In IDBI Bank

Resources through strategic disinvestment of government equity from the transaction would be used to finance developmental programmes of the government benefiting the citizens

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RBI Announces Slew of Measures Under Resolution 2.0

Among various measures, RBI said it is allowing the opening of the second window to individual, small borrowers having up to Rs 25 crore loans for restructuring if such a measure had not been availed earlier. There are several other measures too

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Jana Small Finance Bank Gets 25 % Of Its Workforce Vaccinated

Jana SFB said the drive kicked off recently in which it has already vaccinated 25 per cent of its total workforce or nearly 4,000 employees at its head office and branches in the last 10 days.

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