Gold loan outstanding of banks rises 43.4% in 1st half of FY25
Banks have reported a steep 43.4 per cent rise in gold loan disbursements in the first six months (April-September) of
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Banking News
Banks offer to park higher amount with RBI via VRRR route
In an indication of excess liquidity, the Reserve Bank of India received bids worth Rs. 58,525 crore from banks against
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Govt plans minority stake sale in 4 PSBs
The Central government is considering selling minority stakes in four state-run banks to comply with public shareholding norms mandated by
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Indian Bank aims to bring back customers
Indian Bank is drawing p strategies to bring back customers it had lost in Bengal after its merger with Allahabad
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PNB becomes PCAF signatory on climate action
Punjab National Bank (PNB), the country’s second largest public sector bank, has become a signatory to the globally recognised Partnership
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Central Bank gets RBI nod to enter insurance biz
Central Bank of India said it has got approval from the Reserve Bank to enter the insurance business through a
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Bank rates must be ‘far more affordable’: Finance Minister
Finance minister Nirmala Sitharaman called for bank interest rates to be “far more affordable”, arguing that several people found the
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To push jobs, govt banks, on small-scale industries
Small was big for FM Sitharaman as she announced a series of measures to help micro, small and medium enterprises
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Up to 4 nominees for bank accounts proposed as part of banking law tweaks
A bill seeking to improve governance standards in banks, allowing nominations of up to four persons by an account holder
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Banks hiring more officers, fewer clerks and sub-staff
India’s banking sector continues to be labour intensive but digital technologies are changing the composition of the workforce, more so
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