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PSU bank employees to go on two-day strike from Thursday; services likely to be hit

Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beg…

PTI   


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7 mins read

FAQs about RBI’s three-month deferment on EMIs answered by the Indian Banks Association

A statement by the Indian Banks Association, answers all the frequently asked questions that yo…

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1 min read

Banks to recycle inward currency notes only after 48 hours on corona threat

As the corona pandemic turns multifaceted, concerns are arising over the use of currency notes and …

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Banks will be shut for six days next month as employees protest ‘half’ wages

India’s public sector banks will be shut for nearly a week in March between 10 and 15 as union empl…

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Banks not yet prepared for GST roll-out: Indian Banks' Association

The IBA further said that several services by banks to customers are centralised while seve…

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Govt’s waiver on service tax on credit/debit card transactions may incur losses upto whopping Rs 1,000 crore

As per senior bankers, the waiver of MDR on debit/credit card transactions till December 31 will in…

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1 min read

Getting a job at a govt bank may be the best decision. They will be sharing profits with you!

In this regard, the finance ministry has asked Indian Banks' Association (IBA) for its opinion, and…

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1 min read

ING Vysya Bank Staff Threaten To Go On Strike On 7 January

Kotak Mahindra Bank spokesperson Rohit Rao said, "The merger process entails as per the Banking Reg…

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1 min read

Banking Services And Markets Suffer Due To Strike

Banking operations at public sector banks across the country were badly hit yesterday due to a nati…

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4 mins read

ATMs Are Passé. Now It’s Time To Use ‘Any Time Mobile’

75% of India’s ATM infrastructure caters to only 45% of banking customers based in Tier-I and Tier-…

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3 mins read

EC ropes in banks, post offices to spread voter awareness ahead of LS polls

The Election Commission on Monday roped in banks and post offices to spread voter awareness as part…

PTI   


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RBI not 'unduly concerned' about Russian investments in G-secs, says Das

Governor Shaktikanta Das on Thursday said the Reserve Bank is not "unduly concerned" about the Russ…

PTI   


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1 min read

UPI parent body and this e-commerce startup are on Times list of top-100 influential companies

There is good news and not so good news. The Reserve Bank of India (RBI) and Indian Banks' Associat…

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1 min read

Bank staff to strike work on Jan 30, 31

The United Forum of Bank Unions (UFBU), an umbrella body of several bank unions, on Thursday decide…

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1 min read

Bank unions defer Jan 30-31 strike

The United Forum of Bank Unions (UFBU) has deferred the two-day nationwide bank strike on January 3…

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4 mins read

Have a complaint against your bank? Here’s how RBI plans to resolve your grievances

The Reserve Bank of India (RBI) committee on customer service standards has proposed numerous recom…

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2 mins read

Bankers say private capex will take one more year to revive

Banking industry's lobby grouping Indian Banks Association's chairman A K Goel said the increased c…

PTI   


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RBI keeping Arjuna's eye on inflation, says Governor Shaktikanta Das

While addressing FIBAC 2022 Conference, the Reserve Bank of India Governor on Wednesday said, "Our …

ANI   


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3 mins read

India needs 4-5 more SBI sized banks, says Nirmala Sitharaman

India needs a lot more banks and a lot more large sized ones to meet the growing needs of the count…

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1 min read

Employees of CBS bank in Kerala to stage a three day strike from Wednesday

"The CSB Bank had told its unions that it would implement the wage agreement concluded between I…