Highlights

  • KOLKATA. CIL’s coal allocation under spot e-auction drops 36 per cent. Financial Express..

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  • New Delhi. BSNL close to achieving VRS targetOver 80,000 employees of BSNL, MTNL apply for voluntary retirement. Financial Express..

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  • NEW DELHI. DoT asks BSNL to take steps on ITS officers' salaries. Web India 123..

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  • Mumbai. GAIL plans to set up polycarbonate plant of 2 mt capacity. The New Hunt..

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  • NEW DELHI. Govt mulls clearing Air India's Rs 22k cr dues. Deccan Herald..

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  • ABU DHABI: India to invite foreign firms to invest in state-owned oil companies. ET Energy world..

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  • NEW DELHI. EIL conferred with ‘IEI Industry Excellence Award 2019’...

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  • Mumbai. Private players to get more level-playing field: Power secretary;Daily Hunt..

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  • NEW DELHI. NBCC implemented the Recognition of Prior Learning Programme..

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  • ABU DHABI . Indian Oil Looks To Import Russian Oil, Says Chairman. NDTV Profit..

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BANK NEWS

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Vigilance Awareness Week inaugurated by Shri ML Das

Thiruvananthapuram: A Walkathon in connection with the Vigilance Awareness Week was inaugurated by Shri ML Das, CGM (Thiruvananthapuram). The event took place in the presence of Shri IM Vijayan- Ex Footballer, Smt Ruma Dey- GM, and other top dignitaries of the Bank.

Posted Date :  04-11-19

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Online portal launch of IOB Health Care Plus Insurance policy

Chennai:  Indian Overseas Bank launched IOB Health Care Insurance Policy through an online platform across its branches to issue Health Insurance Policy provided by Universal Sompo General insurance Co. Ltd. Indian Overseas Bank Health Care Plus Policy (IOB HCP), a Co-branded Health Insuranc

Posted Date :  01-11-19

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PV portal will make every PNBian a Vigilant PNBian

NEW DELHI. PNB Corporate Office, Dwarka has introduced technology based solutions through an online Preventive Vigilance (PV) portal, which is the first of its kind on the occasion of Vigilance Awareness week .The ceremony was chaired by the Central Vigilance Commissioner, Shri Sharad Kumar along

Posted Date :  27-09-19

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SBI Linked scheme for the Development of Tourism at Puri

Puri: SBI Stands With Odisha SBI made history on 15th September, 2019, by sanctioning 833 Mudra loans to help Satpada’s tourist boat owners who were affected by Cyclone Fani. It was a subsidy linked scheme for the development of tourism in the Puri District. The event was graced by SBI CGM (Bhu

Posted Date :  16-09-19

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The Central Vigilance Commission sets up panel to probe Bank fraud.

NEW DELHI:The Central Vigilance Commission (CVC) has constituted an Advisory Board for Banking Frauds (ABBF) headed by former Vigilance Commissioner T.M. Bhasin to examine bank fraud of over ?50 crore and recommend action.    The panel in its previous avatar was called the Advisory Boar

Posted Date :  26-08-19

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Bank of Baroda honoured by Chief Minister of UP

Lucknow: Bank of Baroda has always endeavoured to provide the best of banking solutions for its customers. Banking service of Bank of Baroda has been recognised by Shri Yogi Adityanath, Chief Minister of Uttar Pradesh.   Addressing the SLBC Meeting, the Hon'ble Chief Minister praised

Posted Date :  09-08-19

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HDFC s Helping Hand for Flood Affected Bihar

New Delhi: HDFC Bank plans to adopt 15 schools in the flood-hit state of Bihar as part of its long term relief & rehabilitation efforts. The Bank also donated Rs 4 crore to the CM Relief Fund to help people in the state recover.   The Bank is working with Bihar state to set up medical ca

Posted Date :  09-08-19

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HDFC Bank opens an ATM near Kedarnath Temple

Rudraprayag: HDFC Bank has opened an ATM at 11,755 feet at Kedarnath Temple, and became the first bank in the country to do so. The ATM is set up in the shrine premises and will benefit over 35,000 devotees that visit the Temple every day.   The ATM was inaugurated remotely by Chief Mini

Posted Date :  02-08-19

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Union Bank Posted 73.1 per cent Profit Growth

Mumbai: Union Bank of India, is one of the largest government-owned banks of India; the government owns over 90% of its share capital. It is listed on the Forbes 2000 and has assets of US$13.45 billion. UBI has around 4,300 branches. The company released its financial performance for the 1st qu

Posted Date :  02-08-19

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Bank of Baroda Signs MoU with LG Electronics India Pvt. Ltd.

Mumbai: Bank of Baroda has entered into a Memorandum of Understanding (MoU) with LG Electronics India Pvt Ltd to commemorate the outgoing business partnership on Bank's 112th Foundation Day. The MoU was signed by Shri P. S. Jayakumar, MD & CEO, Bank of Baroda and Mr. SooCheol Kim, CFO, LG Ele

Posted Date :  31-07-19

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SBI s Helping Hand for SGPGIMS

Lucknow: Shri Rajnish Kumar, Chairman, State Bank of India (SBI) inaugurated the new premises for the Utrethia Branch, Lucknow on 28th July 2019. Under CSR Activity he provided financial assistance for procurement of 5 Haemodialysis Machines to Sanjay Gandhi Postgraduate Institute of Medical Scie

Posted Date :  30-07-19

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ICICI Bank opens its 50th branch at Hebatpur Road in Ahmedabad

Ahmedabad: ICICI Bank inaugurated a new branch at Hebatpur Road in Ahmedabad. This is the 50th branch of the Bank in the city. The branch also houses an ATM at its premises, which is available 24X7.   Shri Kantibhai Patel, Managing Director, Awadh Infrastructure Private Limited and Shri

Posted Date :  26-07-19

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Bank of Baroda Enters into MoU with Pine Labs

Mumbai: Bank of Baroda (BoB) has entered into a Memorandum of Understanding (MoU) with Pine Labs, India’s leading merchant platform, to commemorate the beginning of business partnership on bank’s 112th Foundation Day. The MoU was signed by Shri P S Jayakumar, MD & CEO, Bank of Baroda and Shri

Posted Date :  25-07-19

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ICICI Bank organised MSME conclave in Gurugram

Gurugram: ICICI Bank organised a conclave for Micro, Small and Medium Enterprises (MSMEs) in Gurugram to discuss the role of digital banking to make business more convenient to the segment. The conclave was part of the Bank’s initiative across the country to reach out to MSME companies. The con

Posted Date :  29-04-19

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Allahabad Bank Andhra Bank in talks to sell stakes in ASREC India

Mumbai: Public sector lenders Allahabad Bank and Andhra Bank are looking for merchant bankers to sell their stakes in ASREC (India) Ltd, an asset reconstruction company.  The banks require the assistance of merchant bankers to value the company and scout for potential buyers to sell their st

Posted Date :  18-04-19

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PNB celebrates International Women s Day

New Delhi: Punjab National Bank celebrated the International Women’s Day. Senior representatives of PNB Prerna, an association of wives of the Senior Officials and senior lady Officials of the Bank, felicitated women achievers from different walks of life. Dr. Jayanti Mehta, President, PNB Prer

Posted Date :  09-03-19

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Allahabad Bank betters Q3 Show

Kolkata: State-owned Allahabad Bank Wednesday reported narrowed net loss at Rs 732.81 crore for third quarter ended December of the current financial year due to the reduction in bad loan provisions. The bank had posted a net loss of Rs 1,263.79 crore in the same period of the previous fiscal. To

Posted Date :  07-02-19

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PNB Organizes Cleanliness Drive at Dwarka Headquarters

New Delhi: Swachhata Pakhwada 2019 a cleanliness drive was led by Shri Sunil Mehta, MD & CEO, Punjab National Bank at PNB Dwarka Headquarters. On the occasion, Shri Agyey Kumar Azad Executive Director, PNB and several General Managers and other senior officials also participated in the cleanlines

Posted Date :  01-02-19

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State Banks On Strike today Over Mergers

New Delhi: Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.    This will be the second bank strike in less than a week. A

Posted Date :  25-12-18

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Bank of India Invites Bids for stake sale in 3 Associate Companies

New Delhi: State-run Bank of India (BoI) invited bids for the sale of its stake in three associate companies namely STCI Finance, SIDBI and Equifax Credit Information Services. Earlier this week, BoI said it was looking to raise nearly Rs 1,000 crore through stake sale in some of its non-core

Posted Date :  22-09-18

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ICICI Bank Launches Lending to MSMEs Based on their GST Returns

Mumbai: ICICI Bank Ltd. announced the launch of a new working capital facility that enables MSMEs (Micro, Small and Medium Enterprise) to get an overdraft (OD) based on the turnover reported in their Good and Services Tax (GST) returns. Christened ‘GST Business Loan’, the facility is availabl

Posted Date :  11-09-18

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Amitabh Chaudhry to replace Shikha Sharma as CEO of Axis Bank

Amitabh Chaudhry of HDFC Life has been appointed as the Chief Executive Officer of Axis Bank. He will assume office after Shikha Sharma completes her tenure as the Axis Bank CEO.   "We wish to inform you that the Board of Directors (the Board) of the Bank at its meeting held today has ta

Posted Date :  10-09-18

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PNB has set a Target of Recovering Rs. 20000 Crore from NPA

New Delhi: Punjab National Bank has set a target of recovering nearly Rs. 20,000 crore from the non-performing assets (NPA) in the first half of this financial year. In the first two months of this quarter, the bank has recovered Rs 5,600 crore. The bank has targeted the recovery of NPAs of about

Posted Date :  08-06-18

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Shri Rajendra Kumar Joins as GM Bank of Baroda of Patna Zone

Ranchi: Shri Rajendra Kumar has joined as GM & Zonal Head of Bank of Baroda, Patna Zone capturing Bihar, Jharkhand & Orissa states. Before coming here he was he was General Manager & Zonal Head of MP & Chhatisgarh Zone.  During his 35 years of banking career, he has outstanding records in va

Posted Date :  25-05-18

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PNB Embarks on Mission Parivartan

NEW DELHI: In keeping with the dynamic business environment, the Bank has embarked on Mission Parivartan – a structured approach to keeping the long-term success of the Bank in mind An Independent think tank on the lines of *NitiAyog* named *Mission Parivartan Division* will act as the cata

Posted Date :  23-03-18

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PNB organizes Debate on Vigilance

NEW DELHI: Punjab National Bank organized Vigilance Awareness Programme at Manav Rachna University, Faridabad.The Programme was presided over by Shri S K Nagpal, Chief Vigilance Officer, Punjab National Bank and Shri D P Naik, Advisor Central Vigilance Commission.    15 students partici

Posted Date :  13-10-17

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Print this mail only if absolutely necessary. Save Paper.Save Trees.

New Delhi: The information contained in this e-mail and any attachments to this message are intended for the exclusive use of the intended recipient and may contain proprietary, confidential or legally privileged information. If you are not the intended recipient, please note that you are not au

Posted Date :  10-10-17

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ICICI Bank launches Cashback home loans

Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, today announced the launch of a new home loan, which offers borrowers the benefit of 1% cashback on every EMI, for the entire tenure of the loan. A unique offering in the industry, it is available for home loans wit

Posted Date :  29-09-17

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SAIL set to leverage domestic growth potential

New Delhi: Addressing the 45th Annual General Meeting of Steel Authority of India Ltd. (SAIL) held here today, Chairman SAIL, Shri PK Singh was confident of improvement in Company’s performance starting this financial year (FY 2017-18) backed by several management initiatives in every area of o

Posted Date :  23-09-17

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PNB Bags Raj Bhasha Kirto Shield

NEW DELHI: Punjab National Bank has been awarded with Second Prize in Rajbhasha Kirti award competition for the outstanding performance in implementation of Official Language Policy in Bank for the Financial year 2016-17 .    President of India Shri Ram Nath Kovind awarded this prize to

Posted Date :  19-09-17

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Round table discussion of visiting PSU team with world Bank

New Delhi:  Good round table discussion of visiting  PSU team from India with world Bank followed by Fed Reserve at New York. The team visited washington and NY as a part of Global Leadership programme organised by SCOPE. SCOPE also signed MOU with University of Maryland for capacity building

Posted Date :  12-09-17

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ICICI Bank inaugurates its first branch in Sardhana

Meerut: ICICI Bank, India's largest private sector bank by consolidated assets, today inaugurated a new branch at Sardhana town in district Meerut. This is the first branch of the bank in the town. The Bank has the largest branch network among private sector banks in Meerut district. The bran

Posted Date :  07-09-17

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Punjab National Bank entered MoU with Army

NEW DELHI: Punjab National Bank and Army Group Insurance Fund (AGIF) have entered into MoU under which PNB will be extending Housing loan to AGIF members. The documents were signed in a ceremony held at Punjab National Bank, New Delhi headed by Shri Sunil Mehta, MD & CEO of Punjab National Bank a

Posted Date :  01-08-17

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World Bank Loan for IREDA Solar Projects

New Delhi: World Bank financing of USD 100 Million for the development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New and Renewable Energy.   The World Bank loan is proposed to flow

Posted Date :  28-07-17

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Canara Bank launches first digital branch in Bengaluru

BENGALURU: Canara Bank, which has set an ambitious target of moving to ‘paperless’ futuristic banking, launched its first ‘Digital Banking Branch’ at Spencer Towers in MG Road, Bengaluru.   Titled ‘CANDI’, the branch will provide an end-to-end digital experience to customers.

Posted Date :  28-07-17

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Dr Ravi Kanth inaugurates Vijaya Bank s Branch Managers Meet

NEW DELHI: Dr. M Ravi Kanth, CMD, HUDCO, on Tuesday inaugurated the Vijaya Bank’s Branch Managers Meet of NCR Region to ensure speedy disbursal of credit under the Pradhan Mantri Awas Yojana – (Urban) aimed at providing ‘Housing for All by 2022.’ Dr. Ravi Kanth stressed that all stake hol

Posted Date :  19-07-17

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PNB Observes International Day of Yoga - 2017

NEW DELHI: International day of Yoga Was celebrated by Punjab National bank as its Central Staff College, Delhi and all Other Training Centres and Administrative Offices throughout the country.   Shri Sanjiv Sharan, Executive Director of the Bank Participated in the celebration held at C

Posted Date :  22-06-17

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SBI Soon to Hire 6 Merchant Bankers for Rs 15000 Crore Share Sale

MUMBAI: State Bank of India (SBI), the country's largest lender, will soon hire six merchant bankers for managing Rs 15,000 crore share sale. The process for selection is on and will take a few more days before a final call is taken, sources said.    According to sources, many compa

Posted Date :  27-05-17

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ICICI Bank chief Chanda Kochhar receives Woodrow Wilson Award

WASHINGTON: ICICI Bank chief Chanda Kochhar has become the first Indian woman to be conferred with the prestigious Woodrow Wilson Award for Global Corporate Citizenship.    Kochhar, 55, received the annual award which was instituted in 1998 by the prestigious Wilson Center to felicitate

Posted Date :  12-05-17

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ICICI Group Dedicates 100 ICICI Digital Villages to the Nation

The programme encompasses digitisation of transactions and other commercial activities besides providing vocational training, credit facility and market linkage to help villagers earn a sustainable livelihood 11,300 villagers, including more than 7500 women, have been trained free of co

Posted Date :  05-05-17

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