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banking industry news

Bank union forum calls for nationwide strike on March 24 and 25

The demands raised included filling up the workmen and officer director posts in public sector banks, along with resolving residual issues with the IBA and amending the Gratuity Act to raise the ceiling to ₹25 lakh, aligning it with the scheme for government employees and seeking exemption from income tax.
business
Published on Mar 17, 2025 03:18 pm IST

US banks to gain from looser capital, merger policies under Donald Trump

Donald Trump picks are likely to further dilute the contentious Basel III endgame proposal aimed at requiring big lenders to hold more capital to safeguard against soured loans.
us news
Updated on Nov 07, 2024 11:59 pm IST

Texas Bank Aims to Escape Fate of Rivals Despite McKinsey Musings

HT Image
business
Updated on Apr 09, 2024 09:16 pm IST

CBI studies 53 financial frauds to identify preventive measures

The “findings” and “lessons learnt from past mistakes”, published in the form of an almanac and released by Prime Minister Narendra Modi on Monday, have been shared with the Reserve Bank of India (RBI), stock market regulator Sebi. (AFP)
india news
Updated on Apr 05, 2023 12:24 am IST

Silicon Valley Bank collapses in America's biggest banking failure since 2008

A property managment representative gestures while asking reporters to clear the entrance area to Silicon Valley Bank in Santa Clara, Calif., Friday. (AP)
business
Updated on Mar 11, 2023 08:30 am IST

Banking declared as public utility service for six months

There are over a dozen employees and officers unions in the banking sector.
business
Published on Apr 24, 2020 06:47 am IST

Allahabad Bank reports $259 million alleged fraud by Bhushan Power & Steel

The Allahabad Bank on Saturday became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month.
business
Updated on Jul 14, 2019 09:23 am IST

Your version 2.0 must have these skills to be prepared for new future of work

education
Published on Jun 26, 2019 11:16 am IST

RBI proposes tightening compensation norms for private, foreign banks

The Reserve Bank of India headquarters in Fort, Mumbai.
business
Updated on Feb 26, 2019 08:17 pm IST

Bank of Maharashtra to shut 51 branches as part of cost-cutting measures

The Bank of Maharashtra has around 1,900 branches all over India.
business
Updated on Oct 04, 2018 09:59 am IST

PNB puts on sale three NPAs to recover ₹136 crore dues from borrowers

Earlier in April too, the second largest public sector lender PNB had invited bids to sell three NPA accounts — Shree Sidhbali Ispat Ltd (Meerut) with non-performing loans of ₹165.30 crore, Sri Guruprabha Power Ltd (Chennai) ₹31.52 crore and Dharamnath Investment (Mumbai) ₹17.63 crore to recover dues.
business
Updated on Jul 06, 2018 11:56 pm IST

Private bankers are the big winners from demonetisation

One immediate investment opportunity HDFC Bank will steer clear of is India’s $210 billion pile of stressed assets, touted by some as a chance to buy firms at a steep discount
business
Updated on May 04, 2018 11:06 am IST

Pakistan’s only female private bank CEO doesn’t want to be a ‘token’ woman leader

Sima Kamil Photographer: Asim Hafeez/Bloomberg
business
Updated on Apr 19, 2018 02:03 pm IST

ICICI Bank working to create common standards for blockchain in trade finance

ICICI Bank said it has been using blockchain technologies since August 2016, when it became the first domestic lender and one of the few globally to use the platform for international trade finance and remittances.
business
Updated on Apr 18, 2018 06:11 pm IST

Bank of India recruitment 2018: 158 vacancies for officers, apply online from April 20

Candidates will be selected through an online test and/or a personal interview. The online exam will be 120-minutes long.
education
Updated on Apr 18, 2018 02:37 pm IST
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