May 15, 20211 minBanks and Insurance Companies staff to be taken on priority for Covid vaccinationThe Finance Ministry on Friday advised state governments to vaccinate banks and insurance companies employees on priority. Department of...
May 14, 20211 minSovereign Gold Bond Scheme 2021-22 Series I will be open for subscription from 17 May to 21 May 2021In terms of GoI notification F.No.4(5)-B(W&M)/2021 and RBI press release dated May 12, 2021, the Sovereign Gold Bond Scheme 2021-22 -...
May 14, 20212 minReserve Bank of India cancels the licence of United Co-operative Bank Ltd., Bagnan (West Bengal)The Reserve Bank of India (RBI) has, vide order dated 10 May 2021 cancelled the licence of United Co-operative Bank Ltd., Bagnan, West...
May 11, 20211 minJose J. Kattoor is appointed as new Executive Director of the Reserve Bank of IndiaThe Reserve Bank of India has appointed Shri Jose J. Kattoor as Executive Director (ED) with effect from 4 May 2021. Prior to being...
May 10, 20211 minPublic sector banks closed or merged their 2118 branches in FY 2020-2021In exercise of consolidation of ten Public Sector Banks into four bringing the number of nationalised public sector Banks to twelve, as...
May 7, 20213 minBad bank's success depends on support from private banks and other lendersState-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks...