The Reserve Bank of India (RBI) has directed banks to disclose the list of unclaimed and inoperative deposit account holders, in a bid to help some claimant trace their deposits.RBI has told banks to disclose on its website names of the account holde ..

Manipal Global Education Services in association with Axis Bank has launched the ‘Young Bankers' Programme, a one-year full-time residential programme, after which students will be awarded a post-graduate diploma in banking services by the  ..

 All-India Bank officers' confederation and All-India State Bank officers' federation have demanded implementation of five-day work week for the banking industry."In view of alternate channels available to customers such as ATM, int ..

State-run Corporation Bank  plans to hire 1,000 people by September as it is going on adding 200 branches every year, bank chairman and managing director Ajai Kumar told ET.The Mangalore-based bank is a lean entity with just about 14,000 employe ..

Leading public sector lender, Punjab National Bank  has called out for applications for the post of management trainees in the Junior Management Grade (JMG) scale I/ probationary officers.Candidates who took the Common Written Exam (CWE) conduct ..

Nethra Sarathy,’ an online testing tool is expected to be ready in eight monthsIn what could be a major boost for visually challenged persons - applying for bank jobs - the Institute for Banking Personal Selections (IBPS) will develop an online ..

State Bank of India has launched ‘Bank on Wheel’ project in Nagaland to deliver banking services at the doorstep of rural people even where there is no branch.Nagaland Development Outreach (NDO), a development arm of Nagaland Baptist Chur ..

Country's largest lender State Bank of India (SBI) is "keen" to cut interest rates in order to boost credit expansion, a top bank official said today."All sentiment is building towards it (an interest rate cut)...we are keen to do  ..

The Reserve Bank today said all private sector banks will now be eligible to handle central and state government business as agents of the central bank, at par with public sector banks.So far, the facility was limited to only three private sector --  ..

Visiting Union Minister for Labour and Employment, Mr Mallikarjun Kharge, has been presented with ‘Pride of India’ award by the Indian-American community here for his over four decades of public service.The award was presented jointly by  ..

The present regulation does not give the banking regulator power to supervise bank subsidiaries, as the central bank can only monitor them. To enable this, RBI has written to the finance ministry to amend laws pertaining to the RBI Act, so that it ca ..

The Centre has approved capital infusion of Rs 7,900 crore (including premium) into State Bank of India by way of preferential allotment of shares.This was conveyed to SBI through a Finance Ministry letter dated January 30, the country's largest  ..

Bank of Baroda will be hiring about 4,000 officers and clerks soon, according to its Chairman and Managing Director, Mr M. D. Mallya.“This will cater to our major branch expansion plan during the next financial year and replacement of retired s ..

State Banks' Staff Union (SBSU) has demanded swift action to fill positions of clerks and messengers falling vacant in the Kerala Circle.Mr A. Jayakumar, General Secretary of the SBSU, said the bank has not recruited clerical staff after 2010.Rec ..

The State Bank of Travancore (SBT) has introduced the Green Channel Counter (GCC), an innovative step towards paperless banking.The Managing Director, Mr P. Nanda Kumaran, launched the facility at the Kowdiar branch here in the presence of Mr S. Bala ..

Punjab National Bank is recruiting management trainees in the junior management grade (JMG) scale I/ probationary officers to fill up about 775 vacancies across the country.The bank has specified that candidates with a minimum of 60 per cent marks in ..

With banking services riding on the information and communication technology backbone, banks and the Indian Banks' Association are planning to prepare and maintain a roster of dedicated pool of trained information technology professionals.Creatio ..

For long, it has been the forte of private sector banks, but now state-run lenders plan to join the party. Nudged by the government, public sector banks would now strengthen their presence in the point-of-sale, or PoS, channel, which would aid their  ..

Banks will now have greater say with respect to Indian companies raising external commercial borrowings (ECBs). The Reserve Bank of India (RBI) has empowered banks to make changes in the end-use of money raised through ECBs, without routing the reque ..

Citigroup Inc said it would cut about 100 jobs in India, where it has been expanding rapidly, while reiterating that the country remained among its highest priority markets.The third-largest US bank by assets did not give a reason for the cuts, but a ..