RBI okays this benefit to J-K bank borrowers hit by events after scrapping of Article 370

On August 5, the Centre had abrogated Article 370 provisions that gave special status to J-K and bifurcated the erstwhile state into union territories of Jammu and Kashmir, and Ladakh.

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UCO Bank recovers Rs 900 crore from debt resolution under NCLT

UCO Managing Director AK Goel said that recovery from four accounts, namely Ruchi Soya, Essar Steel, RattanIndia Power and Prayagraj Power, is complete. This may help the bank reduce net losses in the third quarter while the bank is expecting to be back in black in the fourth quarter.

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Syndicate Bank taking steps for smooth functioning of branches on January 8

In a BSE filing, the lender said it has received notice by the All India Bank Employees' Association, Bank Employees Federation of India, Indian National Bank Employees' Federation and Indian National Bank Officers' Congress on the proposed one-day strike next week.

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IOB receives Rs 4,360 crore capital infusion from govt of India

Public sector Indian Overseas Bank has received capital infusion of Rs 4,360 crore from the government of India, the bank said on Saturday. In a reg

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IOB receives government capital infusion of Rs 4,360 crore

State-owned Indian Overseas Bank has received government's capital infusion of Rs 4,360 crore towards contribution in the preferential allotment of equity shares.

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