B Ramesh Babu takes
charge as MD & CEO of Karur Vysya Bank Chennai, July 30, 2020 Shri B Ramesh Babu is an
astute banker with 40 years of all-round experience in banking, covering
various facets of banking in different geographies in India & abroad in
SBI. On the occa…
Showing posts with label Alerts - Bank. Show all posts
Showing posts with label Alerts - Bank. Show all posts
Safety tips to keep in mind while you opt for 3 Month moratorium by ICICI Bank
Safety tips to keep in mind while
you opt for moratorium The coronavirus outbreak has impacted our lives. In order to
help their customers, whose cash flows may have been impacted due to lockdown,
many banks are extending the facility of the moratorium ( deferment of EMIs). …
Punjab National Bank now India’s second largest Public Sector bank
Punjab National Bank now India’s second largest Public Sector bank · United Bank of India and Oriental Bank of Commerce merged with Punjab National Bank to create second largest Public Sector bank in terms of business · The synergy from the amalgamation creates a globally compe…
INDIAN OVERSEAS BANK REDUCES INTEREST RATE ON LOANS
INDIAN OVERSEAS BANK REDUCES
INTEREST RATE ON LOANS Chennai based public
sector bank, Indian Overseas Bank, consequent to change in Repo rate by RBI,
has reduced the repo linked lending rate (RLLR) by 75 bps. IOB’s Repo linked
lending rate will come down from the existing le…
RBI's Term Loan EMI moratorium: FAQs..!
RBI's Term
Loan EMI moratorium: FAQs..! The
RBI today (March 27, 2020) allowed banks to offer a moratorium on all term
loans. The step was taken in light of the COVID-19 outbreak and the subsequent
lockdown The Reserve Bank of India (RBI) allowed
all financial instituti…
Performance of Top 10 Private Banks in India since February 2020
Share Market : Performance of Top 10 Private Banks in India since February 2020 (A reminder of how quickly things can change) I ndusInd -76.09% Bandhan -60.33% RBL -55.86% IDFC First -55.43% IDBI -54.72% Axis -46.68% ICICI -37.95% Kotak-34.1% HDFC-33.2% Yes +144.57 As on March 19, 2020
Lakshmi Vilas Bank : liquidity coverage ratio is at a comparable level more than what is prescribed by the RBI
Clarification Statement Press Release from Lakshmi Vilas Bank This is in response to the misleading articles
appearing in the media recently regarding “Lakshmi Vilas Bank”. We would like to inform that the said articles are
misleading and factually incorrect. Our liquidity cov…
IDFC FIRST Bank names Mr. Amitabh Bachchan as Brand Ambassador
IDFC FIRST Bank names India’s iconic personality Mr. Amitabh Bachchan as Brand Ambassador IDFC FIRST Bank today announced the signing of India’s most iconic personality, Mr. Amitabh Bachchan, as its first ever brand ambassador. Mr. Bachchan is a winner of countless prestigiou…
Get your Zero Balance Account from Kotak Mahindra Bank Instantly
Get your Zero Balance Account from Kotak Mahindra Bank Instantly 6%* interest p.a. and other top reasons to love Kotak 811 Enjoy unlimited banking with zero paperwork
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UCO Bank to Launch 45-day Loan Carnival
Investment GuruTuesday, January 07, 2020Alerts - Bank, bank, Home Loan - Banks, LOAN - Car, Loan - Gold
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UCO Bank to Launch 45-day Loan Carnival Sitting on a cash pile and after recovering ₹800-900
crore from four stressed accounts, state-owned UCO Bank has announced a “loan
carnival” that will seek to disburse ₹4,000 crore of retail and enterprise
loans in the next 45 days. “W…
Bank Deposit Insurance : Procedure for depositors to claim money from a failed bank
Bank Deposit Insurance : Procedure for depositors to
claim money from a failed bank By Mr. S.
Manikandan, www.aismoney.com When
a bank fails, a depositor should know
about the safety of his hard earned money. When
a bank is liquidated, depositors are entitled to receive an insu…
IOB conducts Customer Outreach Initiative
Investment GuruTuesday, October 01, 2019Alerts - Bank, bank, Business - Loan, Home Loan - Banks, OCT 2019, SEP 2019
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Indian Overseas Bank conducts 2-day Customer Outreach Initiative All the Public and Private Sector Banks have decided to conduct “Customer Outreach Initiative” – “Grahak Mela Camps”, jointly. The
purpose of this outreach programme is to bring awareness to the General
Publi…
State Bank of India Releases Names Of 10 Big Wilful Defaulters
State Bank of India (SBI) revealed
names of ten new big ticket firms and their officials and declared them as
'wilful defaulters.' According to the public notice
issued by the Stressed Assets Management Branch 1 (SAM-1), Cuffe Parade, the
biggest defaulter on the lis…