Police have compiled CCTV footage of the facility and call details from all employees to determine where the turtle could have moved or moved. To the surprise of its keepers, an Aldabra giant tortoise, one of the largest tortoises in the world, has disappeared from the Madras Crocodile Bank Trust …
Read More »Retired PSU bankers can get a rank, a pension plan
MUMBAI: One rank, one pension (OROP) is in the process for retirees Power supply bank employees. RFMO It was a long-standing lawsuit by veterans of the armed forces, where the pension would be reworked for all who would retire in the same rank You will receive the same pension, regardless …
Read More »No permission for BJP to retain Vel Yatra, Tamil Nadu government tells Madras HC
The TN government stated in court on Thursday that they have decided not to give permission for the BJP yatra. On Thursday, the Madras High Court dismissed two petitions: one seeking permission and one seeking the ban on ‘Vel Yatra’ planned by the BJP’s Tamil Nadu state unit. The court …
Read More »Center may not have stake in public sector banks after privatization
The government is leaning towards the view that a bank’s exit from the public sector should be total when it is privatized. However, to make the sale attractive, the government wants the Reserve Bank of India (RBI) to relax the rules on ownership in private sector banks. A senior government …
Read More »TN bank manager allegedly turned down the loan to a man who did not know Hindi, is transferred
The client at the receiving end sent a legal notice to the branch manager demanding compensation of Rs 1 lakh for the mental stress he had to endure. Days after the manager of a branch in Ariyalur, Tamil Nadu allegedly turned down a loan to a client for not knowing …
Read More »HSBC and StanChart Shares Fall to a 22-Year Low Following Reports of Illicit Money Flows
By Alun John, Sumeet Chatterjee and Lawrence White HONG KONG / LONDON (Reuters) – Shares of HSBC in Hong Kong and those of Standard Chartered in London fell to their lowest level since at least 1998 on Monday after media reported that they and other banks, including Barclays and Deutsche …
Read More »Bank defaulters flee the country, CBI files case after OSE complaint after 4 years
[ad_1] The State Bank of India (SBI) filed a complaint with the Central Bureau of Investigation (CBI) against a Delhi-based Basmati export company, alleging that its promoters, who misled a consortium of six banks for Rs 414 crore They are missing and have fled the country. According to the complaint, …
Read More »Shares in the news: RIL, YES Bank, Adani Ports, Cadila Healthcare, HUL and TechM
[ad_1] Mumbai: Ingenious futures on the Singapore Stock Exchange traded 89.50 points or 0.97 percent higher at 9,311.50 in early trading on Monday. But they were still trading much lower than Thursday’s Nifty close of 9,859.90. The domestic market closed on Friday because of Maharashtra Day. Entering Monday’s session, Dalal …
Read More »Indian bank bad debt could double in coronavirus crisis: sources
[ad_1] MUMBAI / NEW DELHI (Reuters) – India expects bad debt at its banks to double after the coronavirus crisis suddenly halted the economy, a senior government official and four top bankers told Reuters. FILE PHOTO: A man counts Indian currency bills inside a store in Mumbai, India, August 13, …
Read More »BoB and Indian Bank NPAs Increase Multiple Times in 6 Years: RTI Data
[ad_1] Indian Bank’s NPAs increased from Rs 8,068.05 crore on March 31, 2014 to Rs 32,561.26 crore on March 31, 2020. Unprofitable assets of the Bank of Baroda soared more than six times to Rs 73,140 crore, while those of Indian Bank increased four times to Rs 32,561.26 crore in …
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