The HDFC Bank in a statement said that senior citizens can get extra interest for FDs upto Rs 5 crore in all of its domestic term deposits scheme.
The company, which is engaged in the sale and installation of IT hardware systems, had submitted plots worth crores of rupees in Dasna, Ghaziabad as collateral while availing credit facilities, the agency said.
According to CBI probe, the Jewelry company and its partners were involved in fraud to the tune of Rs. 12.22 crores of public funds of Union Bank of India.
The directions were contained in 'RBI (Fraud-Classification & Reporting by commercial banks & select FIs) Directions 2016', and 'Guidelines on Sale of Stressed Assets by Banks'.
The detailed order came vide a colourful circular issued on October 1 by the Digitisation Department, at the Central Office in Mumbai, signed by General Manager, A. R. Raghavendra.
UBI SO admit card 2021 was released on Friday. The recruitment exam will be conducted on October 9.
The terms of UBI's executive directors -- Manas Ranjan Biswal and Gopal Singh Gusain -- have been extended vide a notification dated August 26, the lender said in a regulatory filing.
The bank in a release said women borrowers will get further concession of 5 basis points in rate of interest over and above this reduction for such loans. The new rates are effective from November 1.
State-owned Union Bank of India on Tuesday reported narrowing of its standalone net loss to Rs 2,503.18 crore in the fourth quarter ended March 2020. The bank had posted a net loss of Rs 3,369.23 crore during the same quarter of the previous financial year.
State-owned Union Bank of India on Friday announced reduction in its marginal cost of funds-based lending rate (MCLR) by up to 15 basis points across all tenors, effective May 11.
State-owned banks Punjab National Bank (PNB) and Indian Overseas Bank on Tuesday announced reduction in their lending rates linked to the repo rate by 75 basis points, effective April 1. This follows last week's decision by the RBI to cut the repo rate by 75 bps.
A final decision will be taken by the board of the merged bank, based on the valuation and also meeting the regulatory guidelines, Union Bank Managing Director and Chief Executive Rajkiran Rai G has said.
State-run Union Bank of India (UBI) on Friday said it will cut the marginal cost of funds based lending rate (MCLR) by 0.10 percentage points across tenors from Saturday.
New Delhi, Apr 15: The Supreme Court today directed three public sector banks - Punjab National Bank, Indian Bank and Union Bank of India - to deposit within 15 days Rs 400 crores with the
Mumbai, Jul 8:State-run lender Union Bank of India (UBI) has said it plans to open three overseas branches in Sydney, Dubai and London before the fiscal end. “I am hopeful that at least three overseas
Ahemdabad, June 7: India's first “talking” Automated Teller Machine (ATM) for visually impaired was inaugurated on Wednesday in Ahmedabad. The ATM by the Union Bank of India is the first of its kind for the
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