APN News

  • Sunday, June, 2017| Today's Market | Current Time: 05:40:18
  • CBI arrests four for cheating banks to the tune of Rs 2240 cr

    The CBI has arrested four persons including Directors of a Delhi based private

    Prof. Barry Eichengreen to deliver Exim Bank’s 32nd Commencement Day Annual Lecture on “Capital Flows: What Do We Know?”

    Mumbai: Export-Import Bank of India (Exim Bank), will present the 32nd Commencement Annual Lecture on Monday, March 27, 2017, on the topic – “Capital Flows: What Do We Know?” by Prof. Barry Eichengreen, the George C. Pardee and Helen N. Pardee Professor of Economics and Professor of Political Science at the University of California, Berkeley, […]

    Cash withdrawal limits from banks removed

    Keeping up with the pace of re-monetisation, Reserve Bank of India has lifted all the limitations that were placed on cash withdrawals that were placed since November 8th last year.  This means the state of pre-demonetisation in the banks is restored. The central bank imposed restrictions on withdrawals from bank accounts in the wake of […]

    Shri Damodharan Neelam & Shri Atanu Kumar Das join Bank of India as Executive Directors

    Mumbai :  The Government has appointed Shri Damodharan Neelam and Shri  Atanu Kumar  Das as Executive Directors of Bank of India.   Shri Damodharan Neelam has 33 years of experience in Banking covering areas like Corporate Credit, Loan Syndication, International Operations, Bank Subsidiaries, Retail Banking, Operations and NPA Management. He is a Science Graduate and […]

    SBI to merge with associates from April 1

    In the largest consolidation exercise in the banking history of India, all the five associate banks will merge with State Bank of India, SBI, from the first of April. The bank said in a regulatory filing that the assets of State Bank of Bikaner and Jaipur, State Bank of Mysore, State Bank of Travancore, State […]

    Fake notes from SBI ATM: Govt to investigate matter

    The government today said it will investigate the matter related to the SBI ATM in South Delhi dispensing fake 2,000 rupees notes. Talking to reporters in New Delhi, Minister of State for Finance Santosh Kumar Gangwar said, that all possible steps will be taken to control generation of counterfeit currency. He said, the government is […]

    From today cash withdrawal limit from Savings account is Rs 50,000

    Mumbai: Reserve Bank has enhanced the cash withdrawal limit from Savings Bank Account to 50,000 rupees from the existing 24,000 rupees from today. RBI has also said that all limits on cash withdrawals from Savings Bank Account will be withdrawn from 13th of next month.

    SBI, PNB, UBI cuts lending rate by up to 90 bps

    Top PSU lenders State Bank, Punjab National Band and Union Bank

    RBI modifies circular on depositing over Rs 5000 in banks in old notes

    Scrapping the December 19 circular, the Reserve Bank of India today modified the old currency deposit rules and withdrew the 5000 rupee limit for depositing money in old currency notes for fully KYC (Know Your Customer) compliant accounts only. The RBI in a circular issued said the KYC complaint account holders will not be questioned […]

    How future banks are going to look like

    The rapid pace of digitization has meant that businesses, especially banks, have had to invest heavily in technology to keep up with consumer demands. The two-three most promising areas where digital advances could revolutionise customer experiences are artificial intelligence, chatbots and personalization. The Internet of Things is another area that could impact banking transactions. Banks […]