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ED searches homes of former NSIC, Union Bank of India officers in Rs 173 crore bank fraud case Eric Jewellery January 5, 2022 0The Enforcement Directorate (ED) seized fixed deposits worth Rs 1.04 crore after conducting searches at the residential premises of National...
Yes Bank moratorium to end in ‘3 working days’, rescue plan notified Eric Banking March 14, 2020 0The government has notified the reconstruction scheme for capital-starved Yes Bank. The restrictions on withdrawals from its accounts up to ₹50,000 will...
Under the scanner: RBI to check if Yes Bank auditor BSR had raised red flags Eric Banking March 11, 2020 0MUMBAI: The Reserve Bank of India will check whether Yes Bank’s statutory auditor had raised any red flags in the past year,...
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...
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...
Bank mergers won’t ease NBFCs’ credit woes Eric News September 4, 2019 0Mumbai: The proposed merger of 10 state-run banks into four entities is unlikely to ease credit flow to non-bank lenders since...
Bandhan Bank launches co-branded credit card with Standard Chartered Eric Banking August 25, 2019 0In a bid to offer a complete suite of services to its existing customers, Bandhan Bank, on Friday, launched a...
