Banking News

What is ICICI Videocon Kochhar Case & Mode of Fraud ?

Business News

ICICI Videocon Kochhar Case & Mode of Fraud - Here's what you need to know about this high-profile case involving one of the leading bankers of the country. 1. The CBI alleged that the ICICI Bank granted rupee term loans worth ?1,875 crore to ...

RBI Hikes Repo Rate To 6.25%, Loan EMI Goes Up

Business News

RBI Hikes Repo Rate by 0.35% with immediate effect to 6.25%. Due to higher inflation, the Reserve Bank of India had announced a 35-basis-point increase in the repo rate to 6.25 per cent. The RBI Monetary Policy Committee (MPC) voted to raise the ...

Canara Bank Awarded the Best Bank In India For 2022

Business News

Canara Bank Awarded the Best Bank In India For 2022 by the UK prestigious financial magazine the Banker’s magazine. The award was announced for the India segment at the Global Banking Summit, held in London, UK from November 29, 2022, to December 1, ...

How to Use Digital rupee (e?), How it Differs from Physical Notes ?

Business News

Know how to Use Digital Rupee - RBI launches Digital Rupee which is different from the physical bank notes and will be denoted as (e?). The Digital rupee (e?), is the trading name of Central Bank Digital Currency (CBDC), which is a digital form of ...

Banks reluctant to Sanction Education Loan, As NPA Reaches to 10%

Career News

Banks reluctant to Sanction Education Loan as NPA level reaches to 10% approximately. Due to sharp increase in non-performing assets (NPA) in education loans is now a matter of great concern, as it could hamper the growth of bank credit for higher ...

Fraud in Canara Bank – Hunt on for Bank Staff for Rs 8-Crore Fraud

NEFT Transfer Available 24X7 Now, Check the charges & new timing

Current Affairs

RBI has made the Inter Bank transaction, NEFT 24X7 as like IMPS since 15th Dec 2019 - You do not have to look at your watch or calendar while transferring money online from today as the Reserve Bank of India (RBI) has allowed National Electronic ...

SyndicateBank, SBI, BOB To Offer Rs 50 Lakhs Salary Package To These Posts

Career News

Top Public Sector Banks are offering much higher Salary Package to certain selective posts - If your are performer and specialized in the following areas, you're now best suited for the top Public Sector Banks with higher salary package up to Rs 50 ...

Public Sector Banks To Hire One Lakh Staffs this Year

Career News 1

All Public Sector Banks to hire more than a lakh staffs this fiscal - the Economic Times reported citing staffing firm TeamLease Services that the state-owned banks like State Bank of India, Bank of Baroda, Canara Bank and Syndicate Bank are likely ...