Banks Watch Bureau

Sources said the ACC has also approved the appointment of Bhanu Pratap Sharma, former Chairman, BBB as the initial chairperson of FSIB

The FM has told parliament that the CBI has registered a case against the company and its directors last month and no PSU employee has been found to be involved in the ABG scam

Both the Indian Overseas Bank (IOB) and Central Bank of India have clarified that there has been no information regarding the reported privatization of the Banks

Moody's upgraded the outlook for the Indian banking system to 'stable' from 'negative' citing moderate deterioration of asset quality since the onset of the pandemic

Following improvement in various parameters and a written commitment that the state-owned lender will comply with the minimum capital norms, RBI removed Indian Overseas Bank from Prompt Corrective Action Framework (PCAF)

State-owned UCO Bank has been removed from Reserve Bank's Prompt Corrective Action Framework (PCAF) watchlist following improvement in various parameters and a written commitment

Govt on Saturday cleared the name of SL Tripathy to be appointed as the Chairman-cum-Managing Director (CMD) of the United India Insurance Company Limited (UIICL)

The central government has approved the tenure extension of Indian Bank Executive Director VV Shenoy till March 2022

Aimed at raising Rs 3,000 crore equity capital to fund business growth Bank of India has set the floor price for the QIP at Rs 66.19 per share

The government has approved the IBA’s proposal to increase the bank employees family pension to 30 percent of the last drawn salary