Blog Image
BANKING TITBITS 1

1. PARLIAMENTARY PANEL CALLS URJIT PATEL: The Parliamentary committee  has asked the RBI Urjit Patel to appear before it on May 25, 2017 to explain on the demonetization issues. The RBI had earlier been summoned by the committee in January this year, when the former PM Mr. Manmohan Singh had intervened and advised the committee

BANKING TITBITS 1

1. PARLIAMENTARY PANEL CALLS URJIT PATEL: The Parliamentary committee  has asked the RBI Urjit Patel to appear before it on May 25, 2017 to explain on the demonetization issues. The RBI had earlier been summoned by the committee in January this year, when the former PM Mr. Manmohan Singh had intervened and advised the committee

GOLD BOND SUBSCRIPTION

Akshaya Tritiya is coming on 29th of April 2017 and the Indian sentiments have initiated the Government to go for the first issue of Gold Bonds, from April 24 to April 28 this year.  The features of the bonds to be issued are: Issue open for Public Subscription April 24 and April 28 -2017 Issue

GOLD BOND SUBSCRIPTION

Akshaya Tritiya is coming on 29th of April 2017 and the Indian sentiments have initiated the Government to go for the first issue of Gold Bonds, from April 24 to April 28 this year.  The features of the bonds to be issued are: Issue open for Public Subscription April 24 and April 28 -2017 Issue

CYBER CRIMES

RECENT CYBER CRIMES ON INDIAN BANKS What is special about a Cyber Crime? Crimes committed through networks or devices are Fraud and Identity Theft.  But it is in Cyber Crimes we see more usage of malware, hacking and/or phishing wherein both ends of the computers are made as targets and tools for committing the crime.

CYBER CRIMES

RECENT CYBER CRIMES ON INDIAN BANKS What is special about a Cyber Crime? Crimes committed through networks or devices are Fraud and Identity Theft.  But it is in Cyber Crimes we see more usage of malware, hacking and/or phishing wherein both ends of the computers are made as targets and tools for committing the crime.

BANKING TITBITS

 Here are some Latest TITBITS ON BANKING….. (1) State Bank of India raises $500 million at a Superfine Rate: Through Bonds SBI has raised $500 million under its medium term note program, at a fine rate of three months LIBOR plus 95 basis points (which roughly comes to 2.1 per cent).  This matches with the

BANKING TITBITS

 Here are some Latest TITBITS ON BANKING….. (1) State Bank of India raises $500 million at a Superfine Rate: Through Bonds SBI has raised $500 million under its medium term note program, at a fine rate of three months LIBOR plus 95 basis points (which roughly comes to 2.1 per cent).  This matches with the

BANK MERGERS

Government proposal to merge two large banks first….. The Bank Board Bureau chairman Mr. Vinod Rai has informed that Government is very intensely thinking of consolidation of banks.  This he said is proposed to be done after framing a strong balance sheet, which in turn is possible only if the Bad Debts issues are resolved.

BANK MERGERS

Government proposal to merge two large banks first….. The Bank Board Bureau chairman Mr. Vinod Rai has informed that Government is very intensely thinking of consolidation of banks.  This he said is proposed to be done after framing a strong balance sheet, which in turn is possible only if the Bad Debts issues are resolved.