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)