Personal finance

Shares of Karur Vysya Bank were trading at Rs 56.85, down 4.85 per cent on the BSE.Karur Vysya BankLimited on Monday said its Managing Director & CEO P R Seshadri has submitted his resignation citing personal reasons.“Board of…
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Vijay MallyaThe Supreme Court on Monday said that Vijay Mallya cannot use pendency of his plea in the apex court to stall insolvency proceedings initiated against him in other jurisdictions.A bench headed by Chief Justice S A Bobde…
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The bank, it said, has accordingly initiated the process to implement rehabilitation package to its borrowers.Jammu and Kashmir Bank on Saturday said the RBIhas permitted lenders to extend the rehabilitation benefits applicable to the…
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At the end of the second quarter, the Kolkata-based bank's gross NPAs, in absolute terms, stood at Rs 25,665.14 crore, registering over 12% quarter-on-quarter fall.
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Ten central trade unions have called a nation-wide general strike on January 8 “to protest against anti-labour policies” of the government.State-owned Syndicate Bankon Saturday said it is taking necessary steps for smooth functioning of…
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The board of the combined entity will have to approve all the harmonised policies so that they can take effect.As part of the merger of Allahabad Bank with Indian Bank, harmonisation of banking products, policies and processes for the…
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The bank unions are also demanding a rollback of banking reforms proposed by the government and the plan to merge 10 state-owned banks into four.Six bank unions will go on strike on January 8 to show their support for the central trade…
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According to Gupta, the double-digit credit growth in FY20 would be a challenge even as it is picking up marginally.State Bank of India (SBI) may miss the double-digit credit growth target it had set for FY20, PK Gupta, managing…
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In India, the surge in digitisation of payments was seen after the Narendra Modi government’s move of demonetisation.The value of UPI transactions has breached Rs 2 lakh crore mark in December, witnessing a 100% rise on-year. It is for…
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In a notice on its website on December 12, SBI had sought bids to sell another Kolkata-based engineering firm Avani Projects and Infrastructure, having an outstanding loans of Rs 40.53 crore.The country’s largest lender State Bank of…
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