The bank has taken necessary measures for ensuring compliance of said RBI directions. Considering the size of the bank, the amount of pen...Read More

The process has started with the UCO Bank and already other PSBs have started discussing the issue at the board level so that the managem...Read More

MUMBAI: Shares of PSBs jumped up to 19%, Thursday after the Finance Ministry announced infusion of Rs 48,239 crore in 12 such lenders in ...Read More

Kolkata: UCO Bank on Tuesday said the Reserve Bank of India (RBI) has imposed Rs 2 crore penalty on it for non-compliance of instructions...Read More

Mumbai: The Reserve Bank of India’s (RBI) clean-up drive has started to show some results with 13 banks reporting lower NPAs in the last ...Read More

Kolkata: State-owned lender Allahabad Bank is targeting to come out of the prompt corrective action (PCA), imposed on it by the Reserve B...Read More

Finmin to look at Pradeep Kumar’s role as advisor in Rajiv Kochhar firm

Bengaluru : The CBI has registered a fresh bank fraud case amounting to Rs 19.03 crore that was sanctioned by UCO Bank to 18 fake borrowe...Read More

Lucknow: A bank manager in Mathura, Uttar Pradesh, was arrested on Saturday after a Russian woman accused him of sexually abusing her, po...Read More

As part of recap,  LIC could also increase its stake in PSBs which are required to raise Rs 58,000 crore from the market.  LIC could also...Read More

Mumbai : The Reserve Bank has put Dena Bank under watch by initiating prompt corrective action against it, a move that will place various...Read More

The PSBs have been advised by Finance Min  and the RBI to improve their financials, look for options for capital infusion and create  a s...Read More

Indore: Heavy crowd was witnessed at ATM kiosks and bank branches here on Saturday to exchange demonetised Rs 500 and Rs 1000 notes. Sinc...Read More