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Bank of India to raise Rs 3,000 crore equity capital via QIP
The issue would also be used to deploy capital for improving the technical platform of the bank, co-lending digital operations among others
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FM Nirmala Sitharaman to meet CEOs of PSBs tomorrow
The meeting with MD and CEOs of PSBs assumes significance given the importance of the banking sector in generating demand and boosting consumption
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Canara Bank allots over 16.73 crore shares in Rs 2,500 crore QIP
Seven investors have been allotted more than 5% of the equity offered in the QIP issue
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Breaking a bank FD? Here's what you may lose
Premature withdrawal means the action of withdrawing funds from a fixed deposit account before maturity
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UCBs suggested a four tier structure from RBI panel
The RBI panel has also prescribed separate ceilings for home loans, loan against gold ornaments and unsecured loans for different categories of UCBs
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HDFC Bank and Paytm to jointly offer payment solutions
The partnership and the cumulative strength of both HDFC Bank and Paytm will further strengthen their respective leadership positions
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Banks can mop up Rs25,000 cr deposit by financialising women
After the introduction of PM Jan Dhan Yojana 24 crore women have at least one bank account
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Bank lockers: Lock up your worries with additional insurance
While RBI has provided much-needed clarity and transparency to locker allocation process, compensation in events of loss of items leaves a grey area.
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Women save more money than men in Jan Dhan Yojana accounts: Report
The report also calls upon the banks to segregate the data pertaining to Jan Dhan Account in accordance with gender.
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Bank lockers: RBI issues revised norms
Banks will be required to incorporate a clause in the locker agreement prohibiting the hirer from keeping anything illegal or hazardous in lockers
