CVC red-flags board level appointments in PSBs

The Central Vigilance Commission (CVC) has red-flagged appointment process of some senior level officers in public sector banks (PSBs) and sought clarification from the Finance Ministry.

Banks set to beef up security at ATMs after Bangalore incident

Alarmed by the recent Bangalore incident, banks are gearing up to enhance security at ATMs after a review of threat perception at various locations.

PSU bank employees strike hurts trade & retail customers

Employees of state-run banks across India struck work for the second day on Friday demanding higher salaries, aggravating hardships faced by retail and corporate customers as ATMs ran dry and bulk cash transactions were hit.

PSU bank strike affects operations, ATMs may run dry

With ATMs likely to go dry
tomorrow, banking operations may worsen due to the two-day
nationwide strike which hit the transactions severely on Thursday.

Crisil upgrades ratings of 8 public sector banks

Crisil has upgraded the ratings of 8 public sector banks, including Bank of India
and Union Bank of India.