Bank

IBPS PO Exam 2019: Notification released. Check exam date, form filling date, number of posts

IBPS PO Exam 2019: The Institute of Banking Personal Selection (IBPS) has released the notification for the IBPS PO Exam 2019 for recruiting the Probationary Officer / MT under CRP IX. The application process will start from August 7 online. Aspirants can fill the examination application form for IBPS PO 2019 from August 7. The last date to fill IBPS PO application form is August 28. Candidates must know that the IBPS PO application forms can be filled only in the online mode.

Huge pressure on staffs to sell mutual funds or third-party products: Bank officers body

Bank officers at state-run banks are facing tremendous work pressure due to staff shortage and sale of third-party products like mutual funds which should be stopped, a senior official of All India Bank Officers' Confederation (AIBOC) said.

Bharti Airtel, Bharti Enterprises infuse Rs 325 crore in payments bank

In response to an email query sent by PTI on the issue, Airtel Payments Bank Managing Director and CEO, Anubrata Biswas said that the company will continue to invest in ramping up operations to tap the "enormous opportunity presenting itself".

Rs 12,305cr disbursed so far to farmers under PM-KISAN scheme

The scheme provides a payment of Rs 6,000 per year in three equal instalments of Rs 2,000 to beneficiaries.

Banks need to lend Rs 1 lakh crore to meet MUDRA target for FY19

With less than one month left in the current fiscal, banks will have to work overtime to meet the MUDRA loan lending target of Rs 3 lakh crore, as only about Rs 2 lakh crore have been disbursed till February 22.

Florida Bank Shooting: 5 killed, shooter surrenders to SWAT team

The shooter called police to report that he had fired shots inside the bank in Sebring, about 80 miles southeast of Tampa. Negotiations failed to persuade the barricaded man to leave the building.

Nine bank unions call for one-day strike on December 26

The strike call comes on the heels of an officers union of state-run banks observing a day-long strike last Friday on similar grounds along with demand for immediate settlement of their wage negotiations.  

Cabinet approves 80% hike in spending for India Post Payments Bank to Rs 1,435 crore

The government-backed IPPB is set to go live with 650 branches and 3,250 access points across the country on September 1.

India's second biggest cooperative bank cyber-attacked twice in 3 days; Rs 94.42 crore siphoned off by hackers

Established in 1906, the Pune-headquartered Cosmos Bank is the second oldest and second biggest cooperative bank in the country, enjoying the status of a multi-state scheduled bank.

No continuous holidays for banks at March-end

Saturday will remain open since it is the fifth Saturday of the month. Banks are only closed on second and fourth Saturdays.

Govt to state-owned banks: Collect passport details of borrowers who have taken loans in excess of Rs 50 crore within 45 days

In case the borrower does not have a passport, the bank should obtain a certificate in the form of declaration that the person does not have the passport, sources said quoting the Finance Ministry's advisory to banks.

Withdrawal of free banking services after January 20 a hoax: Indian Banks' Association

In an official statement Indian Banks' Association clarified that 'there is neither a move by banks for a blanket removal of free services nor such a thing is being contemplated'.

Afghanistan: 20 dead, 50 injured as car bomb hits bank in Lashkar Gah

At least 20 people were killed and more than 50 injured after a car bomb exploded outside a bank in Lashkar Gah, capital of the southern Afghan province of Helmand on Thursday

Rs. 9.7L cr bad loans: RBI to expand oversight committee in new action plan to wipe out menace

Two weeks after amendments were brought to the Banking Regulation Act 1949 , the Reserve Bank of India (RBI) on Monday outlined the broad contours of an action-plan to resolve the Rs. 9.7 lakh crore bad debt

SBI reports Rs. 2,814 cr net profit in Q4, up 123 pc from last year

India’s largest bank State Bank of India reported a net profit of Rs. 2814 crore in its fourth quarter ended March, 2017, while its bad loans also fell to 6.9 per cent compared to 7.23 per cent in December 2016.

As bad debts mount, IDBI Bank’s Q4 loss widens to Rs 3200 cr

After many public sector banks making headlines over their falling financials, IDBI bank on Thursday reported its standalone net loss at Rs 3,199.76 crore

Ban on cash dealings not applicable for bank, post office withdrawals

SBI justifies penalty; says need money to bear Jan Dhan costs

Justifying its move for levying penalty on non-maintenance of minimum balance in accounts, the State Bank of India (SBI) on Wednesday said that the bank needs to impose some charges to balance the "burden" of

RBI to reimburse banks MDR charges effective 1 January

The Reserve Bank will start reimbursing MDR charges to banks for payments made since 1 January through debit cards by citizens, in line with the government’s move to further digital solutions. In December 2016, the