alexa
 
Home News BANK MERGER

Read more interesting news from around the globe with Indianmoney App

Google Play
 
News Image

Nationwide Bank Strike On September 26, 27 Against Mergers

Sunday, September 22, 2019, 12:19 PM

Around four-lakh bank-employees across the country are set to go on a strike on September-26, 27 to protest against the merger of public-sector-banks. "From September 26 to 27, four-organisations representing four-lakh-officers across the country will go on strike. We are opposing the merger of public sector banks as it is against the general public," R Sekaran, Secretary of AIBOC, Tamil Nadu unit, told ANI.
News Image

Modi's bank bailouts may distract focus from India growth slump

Monday, September 2, 2019, 9:20 AM

India's biggest bank overhaul in decades may hurt the nation's bad-loan clean-up and slow the lending approvals needed to reverse its economic-slump. PM Modi's government late Friday surprised observers by announcing several state-bank-mergers, a move it said would create larger, healthier lenders. The merged lenders, which control more than half the assets held by Indian-banks, will get 552.5-billion-rupees of capital to jumpstart the process.
 

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.