Mar 13, 20211 minRBI is setting out Uniform Credit Reporting Format for furnishing of credit information to the CICsThe Reserve Bank of India is setting out a Uniform Credit Reporting Format for the purpose of reporting credit information to the Credit...
Mar 12, 20212 minCBI arrests Standard Chartered bank official red-handed for accepting bribe from borrowerThe Central Bureau of Investigation (CBI) has arrested an officer of Standard Chartered Bank, Chennai, in a case of demanding and...
Mar 12, 20211 minBank strike on March 15-16 March 2021The two-day long bank strike has been called by the United Forum of Bank Unions (UFBU). The UFBU comprises nine main bank unions -- All...
Mar 12, 20211 minBorrowers of written-off loans are liable for repayment as the process of recovery of dues continuesBorrowers of written-off loans continue to be liable for repayment and the process of recovery of dues from the borrower in written-off...
Mar 11, 20212 minSupreme Court forms committee to suggest steps for expeditious disposal of cheque bounce casesA Constitution Bench of the Supreme Court on Wednesday constituted a committee under Chairmanship of former Bombay High Court judge,...
Mar 10, 20211 minIDBI Bank Ltd. be taken out of the Prompt Corrective Action Framework–RBIThe performance of IDBI Bank Limited, currently under the Prompt Corrective Action (PCA) Framework of the Reserve Bank of India (RBI),...