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Private banks to gain most from Budget’s Rs 5 lakh cover Eric Banking February 4, 2020 0(This story originally appeared in on Feb 03, 2020) MUMBAI: Private sector banks will be the biggest gainers of the government’s...
Nation-wide strike impacts banking services at Public Sector Undertaking banks Eric Banking February 3, 2020 0Services of public sector banks were impacted on Saturday as a nation-wide strike by employee unions entered its second day....
Bank strike impact: ₹23,000 crore worth of cheques held up Eric Banking February 1, 2020 0CHENNAI : Banking operations were largely affected in the country on Friday owing to the strike by bankers pressing for early...
Indian Bank likely to retain its name after merger with Allahabad Bank Eric Banking January 19, 2020 0KOLKATA: Indian BankNSE -0.29 % is likely to retain its name after the merger with Allahabad BankNSE -0.80 %, and the merger team...
Yes Bank should be merged into SBI if India wants to avoid a banking tragedy Eric Banking January 14, 2020 0An advertisement for Yes Bank Ltd. Before it results in a tragedy for all of India’s banking, regulators need to...
Banking wrap: Yes Bank director resigns; board approves fund raising but rejects $1.2 bn offer Eric Banking January 13, 2020 0. While Yes Bank is yet to reach a decision on new investors, the sudden exit of an independent director...
What Will 2020 Hold For Banking And Financial Services? Eric Banking November 30, 2019 0It’s fair to say that over the last decade, the world of financial services has changed irreversibly. The after-effects of...
PMC Bank: PIL on removing withdrawal restrictions listed in Delhi HC for November 1 Eric Banking November 1, 2019 0A Public Interest Litigation (PIL) seeking removal of restrictions on withdrawal from PMC bank is listed in the Delhi High...
The $100 Trillion Opportunity: The Race To Provide Banking To The World’s Poor Eric Banking September 23, 2019 0Two years ago, Amylene Dingle lived with her husband and 7-year-old daughter in Payatas, an impoverished Manila neighborhood with the...
RBI proposes Rs 200 crore minimum capital for small banks under ‘on tap’ licence regime Eric Banking September 14, 2019 0MUMBAI: The Reserve Bank of India (RBI) on Friday proposed a minimum equity capital of Rs 200 crore to set up a small...