BANK OF INDIA
The Reserve Bank of India (RBI) has launched the Financial Literacy Week (FLW) for the year 2021. The literacy week started from February 8 and it will conclude on February 12, 2021. Financial Literacy Week (FLW)-2021 This year, the Financial ..
As per an order issued on Monday, 20th January 2020 by the Ministry of Personnel, Sanjiv Chadha, who was serving as the Deputy Managing Director in the State Bank of India has been appointed as the Managing Director and Chief ..
The government has approved the capital infusion of Rs. 48,239 Crore into 12 State-Run Banks. The capital inclusion has been undertaken to ensure the lenders are able to maintain regulatory capital requirement and step up lending and boost overall growth. With ..
The Reserve Bank of India (RBI) has lifted the Prompt Corrective Action (PCA) framework operational curbs on Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank of Commerce (OBC). These public sector banks are out of the prompt ..
It is said that the finance ministry and the Reserve Bank of India are working on providing some relaxation on the prompt corrective action (PCA) framework for stressed banks. Prompt Corrective Action (PCA) Framework Prompt Corrective Action (PCA) framework has been issued ..
Arundhati Bhattacharya, former chairman of State Bank of India (SBI) has been appointed as SWIFT India Chairman. She will succeed former banker M V Nair. SWIFT India is a joint venture of top Indian public and private sector banks and ..