Latest News on Banking Industry
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Banking Industry - Total results - 11
Mar 07, 2019
Gender pay gap still high in India, women earn 19% less than men; IT sector shows pay gap of 26%: SurveyAccording to the latest Monster Salary Index (MSI), the current gender pay gap in India stood at 19 percent where men earned Rs 46.19 more in comparison to women.
Jan 02, 2019
Govt appoints Hemant Bhargava as interim chairman of LIC; initiates process to select regular chairmanBhargava was appointed as the managing director (MD) of LIC in February 2017, the insurer said in a statement.
Sep 26, 2018
Finance ministry urges Reserve Bank of India to take steps to ease liquidity in the system, tackle credit crunchThe RBI could explore buying more bonds from the open market and open a special window for mutual funds to inject liquidity
Jul 02, 2018
RBI to keep auditors on a tight leash: Would PNB scam have transpired if regulator learnt lessons from 2009’s Satyam fraud?Why did the RBI wait for a series of bank scams to transpire before coming up with the idea of tighter auditor supervision?
Aug 14, 2017
Majority union in SBI gains membership after associate banks' mergerIt is nothing new for the union to add members in large numbers nor does it pose any challenge.
Aug 25, 2016
Amid falling loan, deposit base, BoB's total business takes Rs 90,000-cr hit in FY16Total business of the bank declined to Rs 9,57,808 crore at the end of March 2016 compared with Rs 10,45,625 crore a year ago
Jul 21, 2016
Wilful defaulters accounts at 5,610, NPAs Rs 5.39 lakh cr, says bank staff unionIn nationalised banks, a total of 3,192 accounts were those of wilful defaulters, who owe a sum of Rs 28,775 crore.
Dec 26, 2015
How the year 2015 transformed the idea of ‘banking’ for you and meIn August, RBI) issued in-principle approvals for 11 entities to set up payments banks and followed this up with the issuance of ten more licences for small finance banks in September
Nov 23, 2013
RBI extends bank's spl forex window till Dec 31 with ridersAfter getting a good response to the double forex swap windows aimed to shore up forex buffer and prop up the rupee, the RBI today allowed banks to utilise the special window till December 31 to borrow forex against their core capital but with riders.
Nov 01, 2013
Bank of India celebrates early Diwali: Net profit doubles to Rs 622 crBank of India today said net profit doubled to Rs 622 crore in the quarter to September, helped by higher growth in net interest income and other income. The bank had posted a profit of Rs 301.85 crore a year earlier.