State Bank of India sees sector's personal loan woes easing on tighter credit rules
State Bank of India (SBI) , the country's top lender by assets, expects the industry's concerns over retail borrowers ...
RBI supersedes New India Co-operative Bank board for 12 months after imposing restrictions over lending irregularities
RBI’s action was necessitated due to certain material concerns emanating from poor governance standards observed in the ...
State Bank of India aims to raise 50 bln rupees via perpetual bonds, sources say
The State Bank of India is looking to raise around 50 billion rupees ($573.38 million) via Basel III-compliant additional ...
CBI to probe senior bank officials in probe against Ratul Puri
The agency made the disclosure in a status report filed earlier this month before a Delhi court in its probe against Moser ...
No round-the-clock guards needed at ATMs, rules Supreme Court
The bench accepted the arguments presented by the Union government and banks that deploying security guards at every ATM was ...
State Bank of India falls Friday, underperforms market
State Bank of India closed 19.19% short of its 52-week high of 912.10 rupees, which the company achieved on June 3rd.
MC Exclusive | Empty ATMs, statutory defaults, and deep rating downgrades: AGS Transact faces a crisis
Some banks serviced by AGS Transact have informed the regulator about the increasing cases of ATMs not being refilled and have held back their payments to the company. Crisil and India Ratings have ...
SC says no round-the-clock manning of ATMs needed, overturns Guwahati High Court's order
A bench comprising Justice B.R. Gavai and Justice K. Vinod Chandran considered arguments presented by Solicitor General ...
Union Bank of India premier branch opened at Yerrabalem
Guntur: Union Bank of India executive director Pankaj Dwivedi inaugurated the premier branch of the Union Bank of India at Yerrabalem in the presence of bank zonal head CVN Bhaskara Rao, ...
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SC says no round-the-clock manning of ATMs needed
The Supreme Court on Tuesday set aside a Gauhati High Court order for round-the-clock manning of ATMs to ensure one customer entry at a time. A bench of Justices B R Gavai and K Vinod Chandran took ...
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RBI supersedes New India Coop Bank board; fund misappropriation led to action
A day after imposing business restrictions on the city-headquartered New India Cooperative Bank, the Reserve Bank on Friday superseded the lender’s board citing governance lapses and appointed an ...
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Supreme Court Reverses ATM Security Guard Mandate
The Supreme Court overturned a Gauhati High Court order requiring 24-hour security guard presence at ATMs, noting its ...