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Bank of Maharashtra has recorded a 13.45% increase in gross advances at Rs 1.07 lakh crore in 2020-21.
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More MFIs are likely to opt for permitting restructuring under the Reserve Bank of India’s (RBI) Resolution Framework 2.0
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The new IFSC can be obtained through URL canarabank.com/IFSC.html or accessing the website of Canara Bank or by visiting any Canara Bank Branch
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Cybercrime expert tells Money9 that it is prudent not to click on any link, whether it comes through email, SMS or WhatsApp, unless one knows the send
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Customers will have to pay Rs 21 per transaction, instead of Rs 20, from January 1, 2022, if they exceed the monthly limit of free transactions
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The bank has approved the revision in MCLR with effect from June 12, 2021. MCLR for one-year tenor stands revised to 7.35%
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After digital and doorstop banking India’s largest bank State Bank of India comes out with this facility
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The present order is a continuation of an earlier advisory issued to the lenders in December 2016 to preserve the CCTV footage of operations at bank branches and currency chests
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Bank of Baroda said it intends to sell these NPA accounts to ARCs/banks/NBFCs or other financial institutions on 100% cash basis, for which the e-auction will take place on June 21, 2021
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An attractive VRS will make PSBs lean and fit for takeover by the private sector entities that are keen to enter the banking space