Many regular services would be mostly affected due to the strike, however ATMs will continue to work normally
RBI Governor Shaktikanta Das has been advising banks to proactively raise capital and not wait for a difficult situation to arise amidst Covid crisis
Ten central trade unions will observe the nationwide general strike to protest against various policies of the central government.
Lakshmi Vilas Bank merger with DBS India has been cleared by the cabinet.
The shares plunged 9.55 per cent to hit lower circuit limit of Rs 9.
S&P said this deal is positive for India's banking sector
The central bank has also placed in public domain a draft scheme of amalgamation of Lakshmi Vilas Bank with DBS Bank.
Manmohan Singh predicted that it will take India a few years to get out of this slowdown, "provided the government acts sensibly now".
Expressing concern, West Bengal Chief Minister Mamata Banerjee said the merger and the threat of shifting of the banks' headquarters will affect the developmental momentum of the state.
The BJP government at the Centre had on Friday unveiled a mega plan to merge 10 public sector banks into four, to create fewer and stronger global-sized bankers as it looks to revive economic growth.
These announcements were made by Finance Minister Nirmala Sitharaman and the objective of the mergers, she said is to make them global sized banks.
Punjab CM Designate Charanjit Singh Channi submits the letter to Punjab Governor Banwarilal Purohit afte the former was announced as the next CM of Punjab, at Raj Bhavan in Chandigarh.PTI Photo
Punjab CM Designate Charanjit Singh Channi with Punjab Congress President Navjot Sidhu and senior party leader Harish Rawat after submitting the letter to Punjab Governor Banwarilal Purohit (unseen), in Chandigarh.PTI Photo
Punjab CM Designate Charanjit Singh Channi with AICC member Sunny Mehta after submitting the letter to Punjab Governor Banwarilal Purohit (unseen), in Chandigarh.PTI Photo
Punjab CM Designate Charanjit Singh Channi and other Congress leaders after the former was announced as the next CM of Punjab, outside Governor's residence in Chandigarh.PTI Photo
Punjab CM Designate Charanjit Singh Channi along with Navjot Singh Sidhu and other Congress leaders after the former was announced as the next CM of Punjab, outside Governor's residence in Chandigarh.PTI Photo
India is poised to become a global education hub with the government introducing major policy changes
Outlook's annual ranking of India’s top 50 State Private Universities in 2021 will help students make an informed choice.
Jain to Patidar. Was caste a decisive factor in the BJP’s choice for CM during the recent change of guard in Gujarat?
With all foreign soldiers out of Afghanistan, the Taliban is now in a position to do pretty much what it wants.
It can be a crucial stepping stone to develop young minds to appreciate the importance of practising honesty throughout their academic journey and lay the foundations for successful professional careers.
One can be pro-religion, but against coerced religion; one can be pro-vaccines, but against coercion and mandates
We can do anything with the Cloud. Buy and sell, eat, cook, get our clothes, houses, cars, watch movies, read books, listen to music, talk, write, communicate, ask, create, teach, learn, heal…. Schools must prepare children for this world.