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Don't harass pensioners, govt tells banks

Against the backdrop of complaints of pensioners' harassment, the government has directed banks not to insist that retired government employees be physically present for giving life certificates for continuation of pension.

Vijay Mallya fails to repay Kingfisher loans, but buys players for IPL

India's public sector banks are struggling to recover even a fraction of their Rs 7000-crore loans from Vijay Mallya's grounded Kingfisher Airlines.
However, Mallaya, the owner of Royal Challengers Bangalore, has bought players in the IPL 2015 auction.

DNA: N Srinivasan barred from contesting BCCI elections

In a setback to N Srinivasan, the Supreme Court on Thursday barred him from contesting any BCCI election on grounds of conflict of interest and set up a judges committee under a former Chief Justice of India to decide on the punishment in the IPL scam that can threaten the future of Chennai Super

Govt banks may remain shut for six days

Government banks across the state could remain closed for six days starting from January 21.

Jan Dhan Yojna aims at encouraging savings: P Jayaram Bhat

P Jayaram Bhat, MD and CEO, Karnataka Bank Ltd said that the Pradhan Mantri Jan-Dhan Yojana (PMJDY) aims at encouraging savings, availing credit from banks and rooting of government subsidies and benefits to directly to the beneficiaries accounts.

Swiss to increase oversight of FIFA, other sports bodies
Swiss to increase oversight of FIFA, other sports bodies

A privileged existence in Switzerland for some of the largest sports organizations in the world and their top executives including Sepp Blatter, president of world soccer’s governing body FIFA, may be coming to an end.

Protests hit Hong Kong banks, travel and business

Hong Kong`s shares tumbled Monday and the local dollar hit a six-month low against the greenback as pro-democracy protests brought parts of the city to a standstill with with many schools, businesses and banks shut down.

DDA 2014 housing scheme: Website restored, Banks to provide 20 lakh forms
DDA 2014 housing scheme: Website restored, Banks to provide 20 lakh forms

A day after the much-awaited Delhi Development Authority's (DDA) 2014 housing scheme kicked-off, looking at the demand, the agency has planed to sell 25,000 forms through each of the 13 authorised banks from Tuesday.    

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PM Narendra Modi launches Jan Dhan Yojana

Prime Minister Narendra Modi on Thursday launched Jan Dhan Yojana, a mega financial inclusion plan under which bank accounts and RuPay debit cards with inbuilt insurance cover of Rs 1 lakh will be provided to crores of persons with no access to formal banking facilities.

Narendra Modi to launch Jan Dhan Yojana today; 1 crore bank A/Cs to be opened on day 1

Prime Minister Narendra Modi is today launching his ambitious Jan Dhan Yojna, which will provide a bank account for every Indian household.

Ask CBI to probe corruption in state-run banks: BJP MP

Concerned over skeletons coming out after the arrest of Syndicate Bank CMD SK Jain, a BJP member on Thursday asked the government to direct the CBI to prepare a time-bound action plan to probe corruption in state-run banks.

US banks on India, Pakistan for stability after Afghanistan pullout

As President Barack Obama announced plans for Afghanistan after ending US combat mission by year end, the US hoped India, Pakistan and Afghanistan would help provide greater stability and security in the region.

US warns banks to watch for ousted Ukraine leader moving looted funds

The US Treasury warned banks on Tuesday to be on the look-out for potentially suspicious transfers of financial assets by Ukraine`s fugitive President Viktor Yanukovich or members of his inner circle.

EC vigil on blackmoney flow, asks banks to scan transactions

In an effort to curb flow of black money in the run up to the assembly elections here, the Delhi EC today directed banks to scan all transactions over Rs one lakh and keep an eye on suspicious money withdrawals and deposits.

Couple arrested in Kolkata for duping banks

A Delhi-based couple were arrested from Kolkata for duping several banks by forging documents, police said on Saturday.

Couple arrested in Kolkata for cheating banks

A couple have been arrested from Kolkata for allegedly duping various banks, private financiers and individuals by obtaining loans worth Rs 85 lakhs against a single property.

Couple arrested in Kolkata for cheating banks

A couple have been arrested from Kolkata for allegedly duping various banks, private financiers and individuals by obtaining loans worth Rs 85 lakhs against a single property.

South Korean banks` computers under cyber attack

Computer networks of South Korea`s main broadcasters and two banks were completely paralyzed, media reported Wednesday.

Bihar to pay MGNREGA wages through banks

Bihar govt has decided to pay wages to workers under rural jobs scheme through public sector banks instead of post offices to check irregularities.