Union Bank taps Accenture to boost operational efficiency

Union Bank taps Accenture to boost operational efficiency

Union Bank of India has tapped Accenture to provide a scalable and secure enterprise data lake platf..

IDFC First Bank's ED resigns

IDFC First Bank's ED resigns

IDFC First Bank on Wednesday said its executive director Madhivanan Balakrishnan has tendered his re..

UCO Bank Fraud: Thousands of accounts opened around money transfer dates

UCO Bank Fraud: Thousands of accounts opened around money transfer dates

The CBI investigation into surprise credits totalling Rs 820 crore in the accounts of UCO Bank custo..

Paytm to go slow on consumer loans under Rs 50,000

Paytm to go slow on consumer loans under Rs 50,000

Paytm has decided to scale down the proportion of its unsecured loans below Rs 50,000 following the ..

Banks write off Rs 10.57 lakh crore in 5 years

Banks write off Rs 10.57 lakh crore in 5 years

Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 la..

Public sector banks get Rs 15,183 crore on ED action: FM Nirmala Sitharaman

Public sector banks get Rs 15,183 crore on ED action: FM Nirmala Sitharaman

The Enforcement Directorate (ED) has confiscated assets worth Rs 15,186.64 crore under the stringent..

41,000 UCO Bank customers get Rs 820 cr credit, CBI conducts searches

41,000 UCO Bank customers get Rs 820 cr credit, CBI conducts searches

The Central Bureau of Investigation (CBI) has conducted searches at 13 locations in West Bengal and ..

CSB promoter gets RBI nod to retain 26% in lender

CSB promoter gets RBI nod to retain 26% in lender

The promoter of CSB Bank has received approval from the Reserve Bank of India (RBI) to retain a 26% ..

How bank lending and deposits behaved in September

How bank lending and deposits behaved in September

The share of term deposits saw a sharp year-on-year jump in September while bank lending to the priv..

RBI fines HDFC Bank, Bank of America

RBI fines HDFC Bank, Bank of America

The Reserve Bank of India (RBI) has imposed a penalty of Rs 10,000 each on HDFC Bank and Bank of Ame..

 IDBI Bank stake sale: Govt invites fresh bids from asset valuers

IDBI Bank stake sale: Govt invites fresh bids from asset valuers

The government has issued a fresh RFP for the appointment of asset valuer for the strategic sale of ..

Canara Bank plans to move credit card biz to subsidiary arm, buy out partners

Canara Bank plans to move credit card biz to subsidiary arm, buy out partners

Canara Bank is planning to buy out the stakes of its minority partners in an unlisted subsidiary and..

LIC to retain some stake in IDBI Bank: Chairman

LIC to retain some stake in IDBI Bank: Chairman

State-owned Life Insurance Corporation (LIC) intends to retain a part of its stake in IDBI Bank to h..

RBI penalises Bank of Baroda, Citibank, IOB

RBI penalises Bank of Baroda, Citibank, IOB

The Reserve Bank of India (RBI) has slapped penalties totalling Rs 10.34 crore on Citibank, Bank of ..

RBI supersedes board of Abhyudaya Co-op Bank for poor governance

RBI supersedes board of Abhyudaya Co-op Bank for poor governance

The Reserve Bank of India (RBI) on Friday superseded the board of Mumbai-based Abhyudaya Cooperative..