cash-transaction-tax

Government is considering tax on cash withdrawal

Government of India is considering introduction of tax on cash withdrawal on persons who withdraw more than Rs 10 lakh in a year. Government is

PSU Bank Mergers

FM Said India needs Fewer and Bigger Banks

Finance Minister Arun Jaitley has once again advocated for the merger of more Public Sector Banks. He batted for merger at RBI Central Board post-budget meeting.

Army Welfare Fund Battle Casualties Account With Syndicate Bank is Real !

FactCheck “Army Welfare Battle Casualities Bank Account with SyndicateBank” – A viral message spreading around the social meida is claiming that the Modi government has now

State Bank of Mauritius-hacked

Hackers Hacked State Bank of Mauritius, Withdraw Rs 19 Crore From Mumbai Branch

Hackers hacked down State Bank of Mauritius for Rs 9 Crore – SBM reported that Rs 9 crore were hacked from one of their branch

syndicate-bank-stock-option-staff

Syndicate Bank to Raise Rs 500 Crore via Stock Options, Giving 15-25% Discounts to Staffs

Public sector lender Syndicate Bank will be offering employee share purchase scheme and would raise up to Rs 500 crore by issuing stock to its

sterling-bio-fraud

Rs 5,000 Crore Fraud in Andhra Bank by Sterling Biotech

Enforcement Directorate (ED) has arrested the a former director of Andhra Bank in connection with a money laundering probe case involving a Gujarat-based pharma firm ‘Sterling

USHA-Ananthasubramanian

PNB Scam – Govt dismisses Usha Ananthasubramanian from service at the last day of work

In a sudden move, Government of India has dismissed Allahabad Bank Managing Director Usha Ananthasubramanian from service. Ananthasubramanian is the former CEO & managing director of scam

PSB Performance based Pay

These Public Sector Banks May Introduce Performance-Linked Pay

Public Sector Banks are gearing up to compete with Private Sector banks and it’s started with right track – Three Public Sector Banks i.e. State