Indian Overseas Bank registers 30.27 pct year-on-year rise in net profit
Public sector Indian Overseas Bank on Wednesday reported 30.27% year-on-year rise in net profit at Rs 723 crore for October-December quarter (Q3) of the current financial year 2023-24.
All India Bank Employees' Association calls one-day bank strike on Nov 19
Hyderabad: All India Bank Employees' Association (AIBEA) has called a one-day nation-wide strike on November 19 in protest against the rise of increasing attacks by bank managements on employees, jobs and job security.
How to Apply for a Demat Account in any Bank?
While it is not typically 'mandatory' for you to have a Demat or dematerialization account to buy mutual fund shares - but you have to know that there are quite a lot of benefits to having one. It lets you buy mutual funds or shares just through an electronic transfer of funds without the assistance of a broker. It also ensures that you would not have to hold your physical fund certificate when redeeming shares. But - before that, let us get to know what a Demat account really is.
Privatization of Banks : Nation-wide strike enters second day
Hyderabad/UNI: The All India Bank Strike, which has been called by the United Forum of Bank Unions (UFBU), entered the second day on Friday, paralysing banking transactions in a big way.
Goa: Public sector bank employees stage protest
Panaji/UNI: As part of pan-India two day strike against union government's move to privatise public sector banks and other proposals announced in the central budget, hundreds of bank employees staged a protest in the city on Monday.
IBBI notifies Insolvency and Bankruptcy Board of India Regulations
New Delhi/UNI: The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2020 on Monday.
Axis Bank launches Ripple-powered instant payment service for retail and corporate customers
Mumbai, Nov 22 (IBNS): Axis Bank, a private sector bank, on Wednesday launched instant international payment services using Ripple’s enterprise blockchain technology solution.
Ujjivan Small Finance Bank commences operations in Kolkata
Kolkata, Apr 28 (IBNS): Ujjivan Small Finance Bank Limited, a wholly owned subsidiary of Ujjivan Financial Services Ltd. on Friday announced the commencement of its banking operations in Kolkata with the launch of six branches.
Karur Vysya Bank expands its branch network
Chennai, Feb 17 (IBNS): Karur Vysya Bank on friday opened its 709th branch (overall) at Periyar Nagar in Chennai.
Karur Vysya Bank expands its branch network
Chennai, Feb 17 (IBNS): Karur Vysya Bank on friday opened its 709th branch (overall) at Periyar Nagar in Chennai.
New Delhi, Dec 11 (IBNS): The Ministry of Finance, Government of India through its Department of Financial Services(DFS) has asked all the Public Sector Banks(PSBs) and the Indian Bankers Association (IBA) to ensure hundred percent that deposits of new currency is properly reflected in the customers’ counterfoils.
New Delhi, Dec 11 (IBNS): The Ministry of Finance on Sunday asked bank branches across the nation to be alerted to reflect correctly the cash deposit in old and new currency and inform the customers about the same.
ICICI Bank inaugurates new branch at Malihabad in Lucknow
Lucknow, July 27 (IBNS): Private sector bank ICICI Bank Ltd inaugurated a new branch at Malihabad town in Lucknow district.