• RBI, Insolvency, modi govt notifies ordinance to amend new banking regulation act, Bank

    Modi Govt Notifies Ordinance To Amend New Banking Regulation Act 2017-05-05 12:28:32

    The Narendra Modi-led government, notified the ordinance to amend the new Banking Regulation Act, empowering the RBI and banks to start off bankruptcy proceedings against persistent defaulters. The Central Bank, as per the government’s notification, may order consent to the...

    Keywords: Modi cabinet, Ordinance, NPAS, Bad loans

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    Extradition, Fraud Case, sc holds liquor baron guilty of contempt on plea, Bank

    SC Holds Liquor Baron Guilty Of Contempt On Plea 2017-05-09 06:35:10

    The Supreme Court, held businessman and liquor baron Vijay Mallya guilty of contempt of court by a consortium of banks. Mallya, in violation of the court’s order, transferred USD 40 million to his children. A bench comprising Justices A K...

    Keywords: Vijay Mallya, Consortium of banks, Fraud Case, Consortium of banks

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    RBI, RBI, rbi issues fresh circular under clean notes policy, Bank

    RBI Issues Fresh Circular Under Clean Notes Policy 2017-04-29 12:55:32

    A fresh circular has been issued by the Reserve Bank of India (RBI) under which it has directed all the banks including private lenders to accept spoiled, scribbled or torn-out currency notes, says reports. The latest diktat of the Central...

    Keywords: RBI, Clean Notes Policy, Soiled Notes, Reserve bank

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    Digital Payments, Cashless Economy, central bank of india customer bags rs 1 crore on digital transaction, Bank

    Central Bank Of India Customer Bags Rs 1 Crore On Digital Transaction 2017-04-10 12:39:48

    Six lucky winners were picked up by President Pranab Mukherjee, from a draw of lots under the Government’s Lucky Grahak Yojana and Digi Dhan Vyapar Yojana schemes, aimed at promoting digital transactions in the country. The mega draw of lots...

    Keywords: Digital Payments, Digital India, Cashless Economy, Cashless Economy

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    MP, MP, union environment minister cremated on narmada bank, Bank

    Union Environment Minister Cremated On Narmada Bank 2017-05-19 07:07:54

    The funeral of Union Environment Minister Anil Madhav Dave was held on the banks of the river Narmada at Bandrabhan in Madhya Pradesh’s Hoshangabad district on Friday, with full State honors. Dave, who died in New Delhi on Thursday at the...

    Keywords: Narmada Bank, MP, Bandrabhan, Bandrabhan

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    Digitization, POS Machine, bank of india adopts 89 villages for digitization, Bank

    Bank Of India Adopts 89 Villages For Digitization 2017-04-26 13:03:20

    Around 89 villages have been adopted by the Mumbai state-run, Bank of India in the 49 zones it has branches for digitization. The bank said in a statement, that it has installed about 227 point of sale (POS) machines in...

    Keywords: Digital India, Digital India, Digital India, Digital India

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