Banks

April 24, 2021

Banks charge special fee for slashing interest on home loans

The additional burden is applicable to those who opt for a fixed interest rate while availing of the loan. The fee charged is not uniform across banks.

March 16, 2021
Banks to remain closed today after unions call strike

The bank union has called for a strike in protest against the privatisation of public sector banks.
December 18, 2020
CBI books Hyderabad-based Transstroy India Ltd for Rs 7,926-crore bank fraud

The agency carried out searches at the premises of the company and the accused directors, including former Telugu Desam Party MP Rayapati Sambasiva Rao, which led to the recovery of incriminating documents, its spokesperson said in a statement.
December 04, 2020
Allowing corporates to start banks: Das says it is internal panel's suggestion, not RBI view

Without going into the specifics, Das said, 'It is a report by an IWG of RBI. It should not be seen as RBI's point of view or decision. That has to be very clearly understood.'
November 26, 2020
Trade union strike hits normal life in Kerala, Tamil Nadu; Bank operations partially hit

As the left government in Kerala supported the strike, almost all the government offices remained closed and vehicles were off the road. Most of the shops and business establishments remained shut.
November 17, 2020
RBI puts debt-ridden Lakshmi Vilas Bank under moratorium

The RBI announced a scheme to merge the cash-strapped lender with DBS India.
November 12, 2020
15% salary hike for bank employees after three years of negotiation

After three years of intense negotiations, bank employees' unions and IBA, on July 22, had entered into a memorandum of understanding for an annual wage hike of 15 per cent.

Banks

Banks charge special fee for slashing interest on home loans

Banks to remain closed today after unions call strike

CBI books Hyderabad-based Transstroy India Ltd for Rs 7,926-crore bank fraud

Allowing corporates to start banks: Das says it is internal panel's suggestion, not RBI view

Trade union strike hits normal life in Kerala, Tamil Nadu; Bank operations partially hit

RBI puts debt-ridden Lakshmi Vilas Bank under moratorium

15% salary hike for bank employees after three years of negotiation

Kerala bank coffers swell with deposits worth more than Rs 2 trillion despite COVID-19

Govt loan interest waiver may spur spiralling costs, litigation woes

Eye-watering problem: Indian optician's claim threatens nation's banks