indian bank
Mega merger of state-run banks comes into force from April 1: RBI
The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan
Indian Bank announces additional funding facility
It will be offering loans to large corporates and medium enterprises that are in the standard category
Dearth of risk management professionals raises concern
In a competitive world where businesses are rewarded for high growth, the risk management often takes the back seat.
Indian Bank to link retail, MSME loans to RBI's repo rate from Oct 1
The RBI has mandated all banks to link their loans with external benchmarks, such as repo
Allahabad Bank board approves merger with Indian Bank
Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the merger.
Gold valuer dupes Indian Bank of Rs 3.7 crore
The police questioned Nadar as he was part of the department and after initially denying having played any role, he spilt the beans, officials said.
Indian Bank expects to complete merger with Allahabad Bank by March 31
Last week, the government announced consolidation of 10 public sector banks into four mega state-owned lenders.
Indian Bank revises interest rates on term deposits
The Indian Bank announced upward revision in interest rate on domestic term deposits by 50 bps to 90 bps for amount less than Rs one crore.
RBI slaps Rs 1 cr fine on Indian Bank for violating cyber security norms
The contravention is with regard to RBI's directions on Frauds- Classification and Reporting by Commercial Banks.
Indian Bank revises interest rates on FCNR(B) deposits
Interest rates for deposits of three years and above, but less than four years have been fixed at 4.06 per cent.