MONEY & BANKING
INFORMATION TECHNOLOGY
RBI fiat to banks opens biz window for vendors
Newgen Software bags a fair chunk of pilot projects
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DEBT MARKET
Oil prices, insurers support bonds
Good deposit accretions have banks chasing SLR papers
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PUBLIC SECTOR BANKS
Vijaya Bank to raise Rs 700-cr tier-II capital
Branch network expansion awaits RBI sanction
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CREDIT MARKET
Canara Bank loans for BSNL staff
Canara Bank has signed a Memorandum of Understanding with the Bharat Sanchar Nigam Limited (BSNL) for extending loans to the latter's employees on an all-India basis. The bank has already disbursed Rs 16 crore so far under the ...
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MERGERS & ACQUISITIONS
Banking industry for consolidation
Ficci survey says bankers favour more autonomy
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REGULATORY BODIES & RULINGS
Talk by banking Ombudsman (Karnataka) today
Mr K.R. Ananda, Banking Ombudsman (Karnataka), will address the members of Kanara Chamber of Commerce and Industry and bankers from Dakshina Kannada district in Mangalore on September 25. A press release by the regional office of ...
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TRADE & LABOUR UNIONS
UFBU warns of countrywide bank strike
The United Forum of Bank Unions (UFBU) has charged that the Centre is seeking to destabilise the banking industry under the cover of the ongoing reforms initiative. Addressing the inaugural session of the Third General Council of the State ...
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Bank union plans strike on Oct 27
Bank employees under the banner of United Forum of Bank Unions (UFBU) will observe a nation-wide token strike on October 27 in support of a slew of demands. The employees have also chalked out various action programmes starting ...
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INTERVIEW
GIC aims to be lead reinsurer in Afro-Asia
Having positioned itself as GIC Re, the General Insurance Corporation of India is now looking to expand its business in the global market. Mr R Chandrasekaran, General Manager, said that in this free-price regime, prudent underwriting practices ...
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