Loan-Moratorium

Top Court Rejects the Complete Interest Waiver on Loan

Supreme Court rejected the Rejects the Complete Interest Waiver on Loan and extension of loan moratorium relief –  In a big relief to Banking sectors,

RBI Bans HDFC Bank

RBI Bans HDFC Bank from Issuing Credit Cards

RBI Bans HDFC Bank from Issuing Credit Cards and other new digital products. The bank has informed the stock exchange that the order from 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

capital-infusion-banks

Government Infuse Rs 22,915 Crore Capital in Public Sector Banks

Central Government Infuse Rs 22,915 Crore Capital in various Public Sector Banks as per the requirement of individual banks depending on the various criteria. The government

mclr calculation

Basic Details of Marginal Cost of Funds based Lending Rate (MCLR) By RBI

Marginal Cost of Funds based Lending Rate (MCLR) is a new lending rate introduce by Reserve Bank of India (RBI) which is to be implemented

No Quota in Promotion in PSU Banks

No Quota in Promotion in PSU Banks – Honorable Supreme Court of India has given the verdict on their own decision exactly a year after holding