Tag: banking
One Million Bankers To Strike Work On February 28
Around one million bankers will go on strike on February 28 following the failure of conciliation talks between the United Forum of Bank Unions (UFBU) and the management, a union leader said on Tuesday. ....
'Bad Bank A Bad Idea, Bankers To Strike Work On Tuesday'
An umbrella body of nine bank unions has called a day-long strike on Tuesday to protest the government's "anti-people banking reforms" and to press for compensation to employees for extra work done on account of demonetisation and booking loan defaulters.....
SBI Cuts Home Loan Rates By 25 Bps
The country's largest home loan provider State Bank of India (SBI) has announced reduction in the home loan rates by 25 basis points (bps) from 8.60 per cent to 8.35 per cent per annum, which will come into effect from Tuesday.....
Sensex, Nifty Touch New Record Highs; Banking Stocks Rise
Key equity indices - BSE Sensex and NSE Nifty50 -- touched fresh all-time highs on Monday, supported by healthy buying in banking, consumer durables and auto stocks.....
Government Introduces 8 Bills On First Day Of Parliament's Monsoon Session
The Central government on Monday introduced back-to-back eight Bills in the Lok Sabha on the first day of the Monsoon Session during four hour 15 minute proceedings. ....
Banking Operations Affected Pan-India Due To Strike
Banking operations across the country came to a halt on Tuesday as 10 lakh bankers staged a strike against the government's "anti-people banking reforms", said a bank union leader.....
NSA Penetrated SWIFT Banking Network In Middle East: Hackers
An anonymous hacking group "Shadow Brokers" that leaked online a collection of powerful hacking tools allegedly used by the US National Security Agency (NSA) has also published another set of documents that indicate that NSA penetrated the SWIFT banking network in the Middle East.....
ED Arrests Ex-Andhra Bank Official In Rs 5,000-cr Fraud Case
The Enforcement Directorate (ED) has arrested a former Director of Andhra Bank in its ongoing money laundering probe in the alleged Rs 5,000 crore bank fraud case involving Gujarat-based pharmaceutical company Sterling Biotech, an official said on Saturday.....
Government May Face Heat In Parliament On Lower Growth
Finance Minister Nirmala Sitharaman will be facing questions on the seven-year-low growth rate of 4.7 per cent in the Budget session's second leg starting from Monday while the session may see possible passage of the Banking Regulation Act Amendment Bill to bring multi-state cooperative banks under the RBI's regulation.....
Profit Booking, Global Cues Drag Equities Lower; Banking Stocks Plunge
Profit booking along with a global sell-off due to concerns over rising Coronavirus cases pulled the Indian equity markets lower on Thursday. ....
