Troubles for the tragedy-hit family of Munnelal Sharma, who succumbed to cancer yesterday morning, multiplied when they were left with no cash for his cremation. They then approached a branch of Bank of India in
People who had queued up at SBI branch on the campus of Manipur University in Imphal on Monday went berserk when the bank refused to let them withdraw Rs 24,000 each.
A contract driver of a logistics firm fled with Rs 1.37 crore in cash in a van from a busy road in the city centre on Wednesday, giving a slip to the security guard and two bank employees, police said.
Banks and ATMs are all set to have a heavy rush today once again as they are opening for public dealings after a holiday on Monday.
Bearing the brunt of angry customers questioning delays in changing the demonetised currency notes, the employees of banks across the country are also having to pay the price of scrapping of Rs 500/1,000 notes as
A 73-year-old man died while standing in a queue to exchange Rs 500 and Rs 1,000 denominations in suburban Mulund this afternoon, police said. Vishwanath Vartak, a senior citizen, was standing in a queue outside
A suspected breach of data security of a private sector lender a few months back has led to pre-emptive steps being taken by other banks to thwart any potential troubles, bankers said today. The
Puducherry: In a move aimed at nourishing infants whose mothers are not healthy enough to feed their babies, the Jawaharlal Institute of Postgraduate Medical Education and Research (Jipmer) has established a mother’s milk bank in
New Delhi: To protest against the proposed merger of SBI associates and privatisation of IDBI Bank, a section of public sector bank employees have threatened to go on a nationwide strike beginning tomorrow. "As the
New Delhi: Burgeoning cases of non-performing assets (NPAs) and piling loan frauds have led banks to private detectives for conducting ‘undercover’ operations to unearth hidden data against defaulters who have cheated them of crores of
Chennai: The strike by about 45,000 employees in five associate banks of the State Bank of India (SBI) was observed successfully on Friday, a top leader of All India Bank Employees' Association (AIBEA) said. "The
Mumbai: Tightening disclosure norms, RBI has asked banks to disclose fraud cases and make provisions for them not exceeding four quarters from the date during which it has been detected. Banks, RBI in a notification
Houston:Indian-American Nandita Bakshi has been appointed the President and Chief Executive Officer of Bank of the West, a unit of French banking giant BNP Paribas. Ms Bakshi, 57, will replace Michael Shepherd as Bank of
Chennai: Rising bad loans at government-owned banks running into several crores has caught the country's attention. The Reserve Bank has stepped in and the top court has raised some serious questions.There are two big problem
Gurgaon: Setting off an inspiring example of bravery and dedication towards one's duty, a 52-year-old bank guard pulled off a heroic feat saving Rs 137 crore from being looted by protesters during the Jat agitation.In
Bijnore(UP): A sum of Rs 91 lakh was looted yesterday evening from outside the branch of a nationalised bank here by armed assailants who shot at the guard and the driver of the cash van.According
Aurangabad (Maharashtra): A unique 'roti bank' has been launched in this city, famous for its Ajanta-Ellora caves, for the poor. People can 'deposit' rotis and the poor, aged, sick or the unemployed people can 'withdraw'
Mumbai: ICICI Bank today tied up with railway's e-ticketing platform Indian Railway Catering and Tourism Corporation (IRCTC) to sell rail tickets through its website.The largest private sector lender will soon introduce the facility to book
New Delhi: In what could be the biggest cash heist in the national capital region, the driver of a cash transit van allegedly fled with around Rs 22.5 crore from southeast Delhi's Govindpuri area on
New Delhi: Bringing cheers to lakhs of bank employees, the government has accepted the long-pending demand of workers to declare second and fourth Saturdays holidays, with effect from September 1.“The notification regarding Saturday off has
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