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Lost hope to recover dues from Kingfisher: United <strong>Bank</strong> of India

Lost hope to recover dues from Kingfisher: United Bank of India

25 May 2015

Mumbai: State-owned United Bank of India has become the first of the 17 lenders to publicly admit that it no longer expects to recover its dues from the beleaguered Kingfisher Airlines.

United Bank of India,   Kingfisher Airlines,   KFA,   Vijay Mallya,   Kingfisher dues,  
United <strong>Bank</strong> says lost hope to recover money from Kingfisher

United Bank says lost hope to recover money from Kingfisher

24 May 2015

Mumbai: State-owned United Bank of India has become the first of the 17 lenders to publicly admit that it no longer expects to recover its dues from the beleaguered Kingfisher Airlines. Interestingly, the Kolkata-based lender was the first bank to attempt to get Vijay Mallya, the chairman of Kingfisher Airlines, tagged as a wilful defaulter.

United Bank,   Kingfisher Airlines,   Vijay Mallya,   UB Group,   PNB,   IDBI Bank,   Bank of India,   Bank of Baroda,  Central Bank of India,   Latest Business News ,  
RBI to soon set up Central Fraud Registry

RBI to soon set up Central Fraud Registry

24 May 2015

New Delhi: Mindful of the impact of frauds on banks' financials, the Reserve Bank of India (RBI) will soon set up a Central Fraud Registry as part of an early warning system. The idea is to set up a structure for quick sharing of information about unscrupulous borrowers and help banks fight bad loans.

RBI,   Central Fraud Registry,   Reserve Bank of India,   CEIB,   Latest Business News ,  
No written examination for police <strong>recruitment</strong> in Uttar Pradesh

No written examination for police recruitment in Uttar Pradesh

20 May 2015

New Delhi: Amid the controversy over police recruitment in the state, Akhilesh Yadav-led Uttar Pradesh government is going to scrap written test in the hiring process. It will not be mandatory for the lakhs of aspiring candidates to appear in the written examination for the upcoming recruitment of 40,000 police personnel in the state.

police recruitment examination,   police recruitment in Uttar Pradesh,   UP police,   police recruitment written examination,   Akhilesh Yadav,   UPPRPB examination,   Sub Inspectors post in UP,   constable post in UP,   latest news,  
 RBI sees 'contagion risk' in LIC's <strong>bank</strong> ownership

RBI sees 'contagion risk' in LIC's bank ownership

21 May 2015

MUMBAI: State-owned Life Insurance Corporation of India (LIC) could be too exposed to the country's banking sector through its stakes in both state and private lenders, Reserve Bank of India deputy Governor SS Mundra said.

RBI,   LIC,   Life Insurance Corporation,   RBI deputy Governor SS Mundra,   insurance,   LIC bank ownership,   Latest business news ,  
SBI Q4 profit up 23 percent at Rs 3,742 crore on improved asset quality

SBI Q4 profit up 23 percent at Rs 3,742 crore on improved asset quality

22 May 2015

Kolkata: The country's largest state-owned lender SBI on Friday reported 23 percent jump in standalone net profit at Rs 3,742.02 crore in the fourth quarter ended March 2015 as compared to Rs 3,040.74 crore during the same quarter a year ago.

State Bank of India,   SBI,   Country Largest Bank,   State owned lender,   Asset Quality,   BSE,   Net Profit,   Latest Business News,  
Sensex regains 28,000-level on better corporate earnings, Asian cues

Sensex regains 28,000-level on better corporate earnings, Asian cues

22 May 2015

Mumbai: The benchmark BSE Sensex on Friday closed 148 points up at 27,957.50 after briefly staying above the psychological 28K-level on better-than-estimated corporate earnings and firm Asian cues.

Sensex,   BSE Sensex,   Corporate Earnings,   Reserve Bank of India,   European Markets,   Asian Markets,   RIL,   GAIL,   Coal India,   Latest Business News ,  
 China-backed AIIB sets target to be operational

China-backed AIIB sets target to be operational

22 May 2015

SINGAPORE: China-backed Asia Infrastructure Investment Bank (AIIB) on Friday set an ambitious target to become operational by the end of the year after a three-day meeting of prospective founding member nations in Singapore.

AIIB,   Asia Infrastructure Investment Bank,   China backed AIIB,   AIIB meeting,   Asian countries,   European countries,   Latest world news ,  
Patna High Court orders probe over teachers with fake degrees

Patna High Court orders probe over teachers with fake degrees

19 May 2015

Patna: The Patna High Court on Monday directed the director of Bihar vigilance department to probe the recruitment of nearly 40,000 government teachers who allegedly used fake degree certificates to get the jobs, a lawyer said.

Patna High Court,   fake degrees,   Bihar teachers,   Bihar teacher fake degrees,   Bihar teacher recruitment,   latest news from Bihar,   latest states news,  
 SBI, PayPal ink pact for enabling cross-border transactions

SBI, PayPal ink pact for enabling cross-border transactions

21 May 2015

Kolkata: Country's largest lender State Bank of India on Thursday signed an MoU with digital payments company PayPal for facilitating cross-border transactions.

SBI,   PayPal,   digital payments,   B Sriram,   ecommerce,   State Bank of India,   latest business news ,  

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