B Ramesh Babu takes charge as MD & CEO of Karur Vysya Bank

 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…

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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).  …

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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…

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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…

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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…

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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

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YES FOR YOU

YES FOR YOU Alerts - Bank

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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…

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