Blog | BANKEDGE | Professional Certification Courses In Banking

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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.

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

31 Mar

BANKING TITBITS

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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

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.

31 Mar

BANK MERGERS

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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.

The Central Bank, RBI is gearing up to take up the plump role in managing NPAs of Banks. This is a fight against the Bad Debts that is daunting the PSU Banks for quite some time. These are expected to be formulated by the end of this month by the Government. Its policies include: Restructuring

25 Mar

NPA Management: RBI Role

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The Central Bank, RBI is gearing up to take up the plump role in managing NPAs of Banks. This is a fight against the Bad Debts that is daunting the PSU Banks for quite some time. These are expected to be formulated by the end of this month by the Government. Its policies include: Restructuring

Criminal Action Against Wilful Defaulters

A multi-faceted plan is being worked out by both the Government and the Reserve Bank of India, to put down the wilful defaulters. Also, an one time settlement strategy is being worked out for some sectors of the economy. Major NPA was found in the areas of Steel, Power, Infrastructure and Textile Industries. The various

18 Mar

Criminal Action Against Wilful Defaulters

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