Letter-Mos-Stop-salary

Minister Issued Letter To Stop Salary Increment of Bank Official With Not Enough Mudra Loan

Recent Media reports stated that Union Minister of State for Home, Hansraj Ahir had issued a letter to Ashutosh Salil, DM of Chandrapur district in

new-deputy-governor-m-k-jain

Mahesh Kumar Jain Appointed As RBI Deputy Governor

New RBI Governor Shri Mahesh Kumar Jain – IDBI Bank CEO & MD Shri Mahesh Kumar Jain appointed as the Deputy Governor of Reserve Bank

Bank Merger list of banks

PSB Mega Mergers – Bank of Baroda, IDBI, Central Bank of India and OBC To Merge as Single Entity

Public Secotr Bank’s (PSB) merger talks started again – The government is planning to merge four state-owned banks, namely India’s third-largest PSU bank by assets

CFO of Reserve Bank of India (RBI) - Sudha Balakrishnan

Sudha Balakrishnan – First CFO of Reserve Bank of India (RBI)

Reserve Bank of India (RBI) has appointed Sudha Balakrishnan as first Chief Financial Officer (CFO). Sudha Balakrishnan is a NSDL executive and her appointment as the

PSB Bank’s Strike – Rs 20,000 Crore Worth of Banking Transactions Hit

A two days bank strike by Public Sector Banks hit the transactions worth Rs 20,000 crore. Industry body Assocham, urging the United Forum of Bank

bait-money

What is Bait Money and its importance in Bank’s Audit ?

Bait money is the money which is being kept in the Bank locker and duly recorded for tracking down the robbers. This is basically a small pile

Insolvency and Bankruptcy Code (IBC)

Rs 83,000 Crore Bank Dues Settled in Recent Months

The newly-enacted Insolvency and Bankruptcy Code (IBC) has forced nearly 2100 companies who have defaulted on repayment of loans to banks, to settle their dues

PNB

Rs 13,417,00,00,000 is the total Loss of PNB in Q4 FY 2017-18

PNB Q4 Financial Results – Fraud hit Punjab National Bank (PNB) has reported a loss of Rs 13,417 crore in Q4 of FY 2017-18. The