Banking
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As short selling report roils markets, SBI defends exposure
Indias largest lender State Bank of India (SBI) said on Friday that its exposure to the Adani Group was well…
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Prime Minister to dedicate 75 digital banking units to nation on October 16
Aiming to strengthen the financial inclusion framework in the country, Prime Minister Narendra Modi will dedicate 75 digital banking units…
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RBI launches annual survey on foreign liabilities, assets of MF, AMC
The Reserve Bank of India has launched the 2021-22 round of its annual survey on “Foreign Liabilities and Assets of…
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Max Life and Axis Bank Aim to Grow Distribution Strength in FY23
New Delhi, Delhi, India Max Life Insurance Co. Ltd. (“Max Life / “Company”) and Axis Bank Ltd. (“Axis Bank”) have completed…
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Bank employees announce another round of shutdown on May 30-31
Bank employees are again on the warpath with several major unions of different banks threatening to go on a one…
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Biggest Bank Fraud: LIC grazed; ICICI, IDBI worst-hit in Rs 22,842 cr scam
Besides LIC, other notables defrauded are: Bank of Baroda (Rs 1,614-crore), EXIM Bank (Rs 1,327 crore), Punjab National Bank (Rs…
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Al-Khair Co-Operative Credit Society Strives to Improve the Economic Lot of Low-Income Groups
By Danish Reyaz Although the commercial banking system has propagated to far-flung areas, a large chunk of people, especially the…
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Cheques clearance worth Rs 37,000 cr affected by bank strike
Chennai: The ongoing two-day nationwide bank strike against the privatisation of government banks has affected clearing of cheques worth about Rs…
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