Banks general
Banks open over 18 million new savings accounts under Jan-Dhan Yojna
30 Aug 2014
In the three days of its launch, banks have opened 1,84,68,000 new saving accounts in over 70,000 camps held across the country under the Pradhan Mantri Jan-Dhan Yojana
Modi launches `Jan Dhan Yojana’ with 15 million new bank accounts
28 Aug 2014
For those opening bank accounts before 26 January 2015, the PMJDY offers other benefits, including a RuPay debit card, Rs1 lakh accident insurance cover and an additional Rs30,000 life insurance cover, besides a Rs5,000 overdraft facility
Dena Bank, OBC branches in Mumbai under probe over FD fraud
20 Aug 2014
Close on the heels of the Syndicate Bank scam, the finance ministry has now ordered a forensic audit at two Mumbai branches of state-run Dena Bank and Oriental Bank of Commerce over misappropriation of FDs of a total Rs436 crore
NPAs by top defaulters like Kingfisher under deep scanner
16 Aug 2014
The top 50 cases of non-performing assets in the banking sector are being closely monitored by both the finance ministry and the banks that have suffered the defaults from the corporate houses
RBI’s annual surplus transfer to govt up 60% at Rs52,679 crore
11 Aug 2014
RBI had transferred Rs33,010 crore to the government for the year ended 30 June 2013
RBI recasts select farm loans in Telengana, AP
09 Aug 2014
Syndicate Bank case puts Bhushan Steel’s Rs40,000 cr debt to 51 lenders at risk
09 Aug 2014
Bhushan Steel's creditor banks plan to hire a management agency to look after the day-to-day operations of the company
BofA close to $16-bn settlement with US regulators
08 Aug 2014
If finalised, the defrayal, will be the single largest settlement with the US government in the history of corporate America
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