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Bank fined 10K for giving man's account statement to wife in Ahmedabad

Monday, December 10, 2018, 1:29 PM

A district consumer forum in Ahmedabad has ordered Indian Overseas Bank to pay Rs.10,000 to a customer for sharing his bank details with his wife. The customer sued the bank for furnishing three years' account statement to his wife without consulting him. The man, who has a matrimonial dispute pending, argued his wife could use it against him at court.
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Please take it: Vijay Mallya tweets humble offer to repay debt

Wednesday, December 5, 2018, 11:47 AM

Ahead of his extradition hearing, liquor baron Vijay Mallya on Wednesday made a series of tweets saying, "I'm offering to pay 100% back. I humbly request the Banks and Government to take it." Mallya, currently being investigated for defrauding Indian banks of Rs.9,000 crore, said he borrowed the money to keep his now-defunct Kingfisher Airlines operational amid rising fuel prices.
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Bankers To Go On Strike On December 26 To Oppose The Big Bank Merger

Saturday, December 1, 2018, 5:02 PM

The United Forum of Bank Union (UFBU) a consortium of nine unions in the banking sector will strike work on December 26 opposing the merger of Bank of Baroda, Dena Bank and Vijaya Bank, the All India Bank Employees Association (AIBEA) said on Saturday. The AIBEA is one of the constituents of the UFBU.

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