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syndicate bank news

IFSC code, cheque book of erstwhile Syndicate Bank to become invalid from July 1

Canara Bank is now the fourth-largest public sector bank in the country after its merger with Syndicate Bank in April last year.
Published on Jun 29, 2021 10:51 am IST

After mega-merger effective today, six banks will cease to exist

Oriental Bank of Commerce will merge into Punjab National Bank as part of government’s consolidation plan.
Updated on Apr 01, 2020 08:33 am IST

Govt closely monitoring coronavirus impact on economy: Sitharaman

Finance Minister Nirmala Sitharaman
Updated on Feb 26, 2020 10:08 pm IST

RBI imposes 1 crore fine on LVB, 75 lakh on Syndicate Bank for violating norms

The actions are based on deficiencies in regulatory compliance and not intended to pronounce upon the validity of any transaction or agreement entered into by the banks with its customers, said the RBI.
Updated on Oct 15, 2019 12:18 pm IST

Find ways to release loan to homebuyers: Supreme Court

The bench also asked NBCC, the receiver and court-appointed forensic auditors to work out the modus-operandi and feasibility to sell 5,229 unsold flats.
Updated on Sept 12, 2019 05:59 am IST

Three armed goons loot 15 lakh from bank in Uttar Pradesh

Three armed miscreants looted 15 lakh from a bank in Gavana village under Chhaprauli Police Station.
Published on Sept 10, 2019 08:55 am IST

What will change, what won’t for account holders as 10 PSU banks are merged into 4

Finance Minister Nirmala Sitharaman during a media briefing on the Gross Domestic Product (GDP) Index at the National Media Centre in New Delhi on Friday.
Updated on Aug 30, 2019 07:28 pm IST

PNB, Oriental Bank and United Bank to be merged: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman
Updated on Aug 30, 2019 06:06 pm IST

Nirav Modi’s sister Purvi Mehta helped divert 1,201 crore using shell firms: ED

Nirav Modi, India's fugitive jeweller to the stars, refused to submit to extradition when he appeared in a London court on March 20
Updated on Mar 22, 2019 09:54 am IST

CBI files charge sheet against industrialist AC Muthiah in graft case

CBI said the company allegedly siphoned off the funds for extraneous uses and caused wrongful loss of 102.87 crore (approx.) to the bank.
Published on Jun 08, 2018 09:29 pm IST

Bank stocks rise up to 5% on RBI move, even as Sensex trades lower

The Reserve Bank of India headquarters in Fort, Mumbai.
Published on Apr 03, 2018 02:02 pm IST