The Reserve Bank of India (RBI) has put four public sector lenders, including IDBI Bank and Indian Overseas Bank, under watch.
The government today said it has decided to merge Bharatiya Mahila Bank with the country’s largest lender SBI to ensure greater banking outreach to women.
Bank unions said that they will strongly oppose any voluntary retirement scheme (VRS) that is likely to be announced soon for the employees of five associate banks of State Bank of India, which will be merged on April 1.
Country’s largest lender State Bank of India today launched a new facility to enable its employees to work from home.
AIBEA, AIBOA circular on Retirement Gratuity Ceiling hiked to Rs.20 lakh for bank employees and officers
DA for Bank Employees – Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2017 under X BPS/ Joint Note dated 25.5.2015
Limits on Cash withdrawals from Bank accounts and ATMs – Restoration of status quo ante
Income-tax Rules amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than BSBDA) by 28.02.2017.
Housing, auto and corporate loans are all set to become cheaper with half a dozen PSU and private banks on Monday steeply reducing benchmark lending rate by up to 1.48 per cent.
Major benefits of Debit Card activation in the form of Frequently Asked Questions (FAQs) and their Answer format
Cash withdrawal for purpose of celebration of wedding – Application Format for cash withdrawal from Banks for Marriage – RBI official press release
Since most of the cards at risk are not chip-based, banks are planning to replace them with chip-based ones.
Dearness Relief payable to Pensioners for the period August 2016 to January 2017
Earlier, Public sector bank employees decided to strike work to protest against the proposed merger of SBI associates and privatisation of IDBI Bank
AIBEA and AIBOA have decided to plunge into immediate action to oppose attempts to denigrate Public Sector Banks and protest against proposed merger and consolidation of Banks with a view to divert the people’s attention from the Himalayan bad loans in Banks