Blog | BANKEDGE | Professional Certification Courses In Banking

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All said and done the Government has fallen short of its ambitious target of 25 billion digital transactions for this financial year, but it cannot be denied that the efforts to increase the Digital Transactions has not gone waste. What does the Statistics reveal? The total digital transactions undertaken across India from April 1 to

Lock In Period On Sale Of Stressed Assets

There is another interesting factor that has come out about Stressed Assets. Those of the bidders who are going for assets of companies which are under the process of insolvency proceedings would now be subjected to a five year lock in period for sale of the shares acquired. This would avoid the shares being sold

01 Feb

Lock In Period On Sale Of Stressed Assets

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There is another interesting factor that has come out about Stressed Assets. Those of the bidders who are going for assets of companies which are under the process of insolvency proceedings would now be subjected to a five year lock in period for sale of the shares acquired. This would avoid the shares being sold

CBI Probes on Rs 100 cr transferred from Jharkhand government account to builder The CBI has registered a case in connection with the illegal transfer of Rs 100 crore from a Jharkhand government account for the midday meal programme in State Bank of India to a private builder. The agency carried out searches at the

01 Feb

Illegal Transfer Of 100 Crores

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CBI Probes on Rs 100 cr transferred from Jharkhand government account to builder The CBI has registered a case in connection with the illegal transfer of Rs 100 crore from a Jharkhand government account for the midday meal programme in State Bank of India to a private builder. The agency carried out searches at the

Usha Ananthasubramanian is first woman IBA chief Good news for Women…. Usha Ananthasubramanian, MD and CEO, Allahabad Bank, has been elected the first woman chairman of Indian Banks’ Association (IBA). Usha was elected IBA Chairman for the year 2017-18 by its Managing Committee on Thursday. IBA Chairman’s position fell vacant following the superannuation of Jatinder

27 Jan

First Woman Chairman of IBA

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Usha Ananthasubramanian is first woman IBA chief Good news for Women…. Usha Ananthasubramanian, MD and CEO, Allahabad Bank, has been elected the first woman chairman of Indian Banks’ Association (IBA). Usha was elected IBA Chairman for the year 2017-18 by its Managing Committee on Thursday. IBA Chairman’s position fell vacant following the superannuation of Jatinder

Government of India has come out with a whopping Rs. 881 billion for recapitalization of public sector banks through bonds in 2017-18 financial years. This will pave way for 20 PSU banks in meeting their Capital Adequacy requirements. Strict terms have been placed, for issue of these recapitalisation bonds. Few of them are: Creation of

25 Jan

Capital Infusion on PSU Banks

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