Barring wilful defaulters from acquiring bankrupt company will bring credit discipline: Bankers

The move to bar wilful defaulters from regaining control over their companies will bring credit discipline and prevent promoters from gaming the system

COMMON RECRUITMENT PROCESS FOR PARTICIPATING ORGANIZATIONS/PUBLIC SECTOR BANKS – FREQUENTLY ASKED QUESTIONS (FAQs)

There are various queries from candidates in connection with Common Recruitment Process. We give below the link from IBPS website for the various queries raised.IBPS  has compiled repeated similar queries received from candidates along with their responses to upload on the official website of IBPS for information and benefit of all concerned. Most of the queries are raised…

Small finance banks look to tap Odisha market for growth

Small finance banks look to tap Odisha market for growth. Entities with a small finance bank licence can provide basic banking services of accepting deposits and lending

Govt sets Rs 10,000 min balance in bank accounts as rural poverty measure

Govt sets Rs 10,000 min balance in bank accounts as rural poverty measure. The more number of families with a minimum Rs 10,000 in their accounts, the better a panchayat’s chance of being on the positive list of the poverty index

SBI, HDFC Bank, EXIM Bank and IRFC also get Moody’s rating upgrades

Moody’s has also changed the ratings outlook to ‘stable’ from ‘positive’ for the four banks and some of their branches abroad

FinMin wants small state-run lenders to ‘find niche’, not ape large banks

These talks were part of the ‘PSB Manthan’ – the conclave of state-run banks – where PSBs were told that the Rs 2.11lakh crore recapitalisation the government has announced would depend on the reforms they undertake to clean up their books and increase lending to medium and small enterprises.

Finmin asks PSU banks to act swiftly to deal with NPAs

Concerned over NPAs crossing Rs 7 lakh crore, the finance ministry has asked public sector banks (PSBs) to take swift and firm action to deal with the bad loan problem, a banker said.

Provide doorstep banking to those aged above 70 years by December 31: RBI

Statement on Developmental and Regulatory Policies – October 4, 2017- Banking Facility for Senior Citizens and Differently abled Persons

Important news from IIBF – Beware of E-mail id “Info@iibf.org “

Candidates are hereby informed that the mail was neither sent by IIBF nor by any authorised persons. It is a fake mail sent by some unauthorised entities and candidates are advised to guard against such

Wilful defaulters list – names and amounts of banks and borrowers: All you ever wanted to know

Wilful defaulters list: Finance Minister Arun Jaitley on Thursday said the banks will recover every penny of loan given to him. Jaitey, who was speaking at an event in New Delhi, said investigative agencies will take strong action against the liquor baron wherever he is found to have violated the law. Mallya, who has been declared a wilful defaulter, owes banks over Rs 9,000 crore.