Bank Current Affairs

Karnataka Bank launches web tool for NPA recovery process

Karnataka Bank Ltd has launched the web tool – ‘Vasool So-Ft’ (Vasool So-Fast) – for…

Airtel Payments Bank and Bharti AXA Life Insurance announce first of its kind alliance to offer ‘Pradhan Mantri Jeevan Jyoti Bima Yojana’

Bharti AXA Life Insurance and Airtel Payments Bank announced a first-of-its-kind alliance to offer the…

ICICI Bank has tied up with IndoStar Capital Finance Ltd (IndoStar) to finance purchase of used and new commercial vehicles (CV) by small and medium fleet owners

ICICI Bank announced that it has partnered with IndoStar Capital Finance Limited (IndoStar), a systemically…

Karnam Sekar is new head of IOB

Public sector Indian Overseas Bank on July 1 said it has elevated Karnam Sekar as…

SBI inks MoU with NIIF to boost capital availability

State Bank of India (SBI) and National Investment and Infrastructure Fund (NIIF) inked a memorandum…

ADB to provide USD 350mn loan for Chhattisgarh road improvement project

The Asian Development Bank (ADB) has approved USD 350 million loan for road project in…

Sarada Kumar Hota appointed as National Housing Bank MD

Sarada Kumar Hota, managing director (MD) and chief executive officer of Can Fin Homes has…

Oracle Launches AML Tool For Small Banks

Oracle is broadening availability of its Oracle Financial Services Anti-Money Laundering solution for smaller banks,…

Canara Bank decided to grant only three free cash deposits of up to Rs 50,000

Cash deposits in Canara Bank accounts of up to Rs. 50,000 are free for 3…

IndusInd Bank to merge with Bharat Financial Inclusion on July 4

Private sector lender IndusInd Bank and Bharat Financial Inclusion Ltd (BFIL) announced their merger which…