APN News

  • Fri Nov 24 2017 23:21:41 GMT+0100 (CET)
  • Union Bank of India celebrates 99th Foundation Day

    Union Bank of India celebrates 99th Foundation Day

    Mumbai : Union Bank of India today celebrated its 99th Foundation Day in the august presence of various dignitaries and esteemed clients of the Bank.On its 99th Foundation Day, Bank felicitated 5 distinguished personalities with Life Time Achievement Awards viz. NAME ...

    Axis Bank Wins Dale Carnegie Global Leadership Award 2017

    Axis Bank Wins Dale Carnegie Global Leadership Award 2017

    Dale Carnegie Training India has announced Axis Bank as the winner of the prestigious Dale Carnegie Global Leadership Award 2017. The first runner-up award went to Capgemini, with IL&FS Financial Services bagging the second runner-up award. Axis Bank stood out as the frontrunner of this y...

    Bank Of India Announces September 2017 (Q2 - Fy 2017-18) Financial Results

    Bank Of India Announces September 2017 (Q2 - Fy 2017-18) Financial Results

    Mumbai : Bank of India announced its audited results for the Q2 FY 2017-18, following approval by its Board of Directors on November 10, 2017.Highlights of Financial Results: v Q-2 Net Profits rose by 40.94% Y-o-Y.v Sequentially, Net Profits shot up by 104.08%v NIM improved from 1.99% in Jun...

    Govt committed to remove imbalance in banking system: FM

    Govt committed to remove imbalance in banking system: FM

    Finance Minister Arun Jaitley has said Government is committed to remove imbalance in banking system. Inaugurating newly constructed head office complex of Punjab National Bank in Delhi, Mr Jaitley said Centre is working to make a healthy banking system to support growth of economy. He said...

    CVC seeks data on fraud from PSU banks since 2001

    CVC seeks data on fraud from PSU banks since 2001

    The Central Vigilance Commission (CVC) has sought details from public sector banks about all fraud reported by them to the CBI since 2001. The exercise is part of a first-of-its-kind initiative being undertaken by the anti-corruption watchdog aimed at bringing in systematic improvements in ...

    Shri Rajkiran Rai G, Managing Director & CEO,Union Bank Of India, announces 'Q2FY18 and H-1 FINANCIA...

    Shri Rajkiran Rai G, Managing Director & CEO,Union Bank Of India, announces

    Mumbai : The Board of Directors of Union Bank of India, today, approved the accounts of the Bank for the quarter and half year ended September 30, 2017. Business:Global Business grew by 8.8 per cent to `695978 crore as on September 30, 2017 from`639822 crore as on September 30, 2016. Domes...

    Exim Bank Signs an MOC with Centre for Microfinance & Livelihood, a Tata Trusts initiative

    Exim Bank Signs an MOC with Centre for Microfinance & Livelihood, a Tata Trusts initiative

    Mumbai : Export-Import Bank of India (EXIM Bank) today signed a Memorandum of Cooperation (MOC) with the Centre for Microfinance & Livelihood (CML), an initiative of Tata Trusts. CML was conceptualized by Tata Trust as a specialized umbrella support organization for capacity building, res...

    SBI cuts benchmark lending rate by 0.05 pc across maturities

    SBI cuts benchmark lending rate by 0.05 pc across maturities

    The country's largest lender State Bank of India (SBI) today slashed benchmark lending rate by 0.05 per cent across maturities. The reduction in marginal cost of funds based lending rate (MCLR) came after a gap of almost 10 months. The move by the SBI will trigger rate cut by other lenders....

    SIDBI partners with AU Small Finance Bank to boost MSME financing

    SIDBI partners with AU Small Finance Bank to boost MSME financing

    Delhi : AU Small Finance Bank, one of the fast growing banks in India, today signed a Memorandum of Understanding (MOU) with Small Industries Development Bank of India (SIDBI) to provide an impetus to funding MSMEs. Under 'AU SIDBI Joint Financing Programme', both the financial institutes have decid...

    Rajnish Kumar appointed new SBI chairman

    Rajnish Kumar appointed new SBI chairman

    Rajnish Kumar, Managing Director of State Bank of India (SBI), was appointed the next chairman of the largest public sector bank today. He will succeed Arundhati Bhattacharya, who is at present serving her one-year extension, that ends on Friday.The Appointments Committee of the Cabinet has ...

    RBI to announce fourth bi-monthly policy review statement

    RBI to announce fourth bi-monthly policy review statement

    The Reserve Bank of India will today announce the fourth bi-monthly policy review statement. The Monetary Policy Committee headed by RBI governor Urjit Patel started two-day deliberations with industry in Mumbai yesterday. The bi-monthly monetary policy statement is being keenly awaited by a...

    Finance Minister Arun Jaitley says zero balance accounts under PMJDY come down to 20% from earlier 7...

    Finance Minister Arun Jaitley says zero balance accounts under PMJDY come down to 20% from earlier 77%

    Finance Minister Arun Jaitley today said zero balance accounts under the Jan Dhan Yojana have come down to 20 per cent from 77 per cent previously. He was speaking at the Conclave on Financial Inclusion by United Nations in Delhi. Mr Jaitley said 300 million accounts were opened under Prime Minister...

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