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Bank employees to get 15 percent pay hike as IBA signs wage agreement with unions

Bank employees to get 15 percent pay hike as IBA signs wage agreement with unions

26 May 2015

New Delhi: Around 10 lakh employees of 43 banks, including public sector banks, will get a 15 percent hike in salaries, with the Indian Banks Association on Monday signing a wage agreement with employee unions and officers’ associations.

Bank employees,   Private banks,   Public sector banks,   Salary hike,   Indian Banks Association,   Wage agreement,  
Nabard to lend liquidity support to <strong>regional</strong> <strong>rural</strong> <strong>banks</strong>

Nabard to lend liquidity support to regional rural banks

31 Mar 2015

Mumbai: In the wake of unseasonal rain damaging thousands of acres of standing crops in many states, Nabard said it is committed to supporting regional rural banks and co-operative banks with liquidity support from a specially created Rs 1,600 crore fund.

Unseasonal rain,   Crop damage,   Nabard,   Regional rural banks,   Cooperative banks,   Liquidity,  
Land, other key Bills to come up in Parliament session: Venkaiah

Land, other key Bills to come up in Parliament session: Venkaiah

17 Apr 2015

Hyderabad: Noting that the Land Acquisition and several other important Bills would be taken up during the Parliament session resuming this month, Union Minister M Venkaiah Naidu on Friday said the Congress and other opposition parties should help in passing them.

Land Bills,   Parliament Session,   Venkaiah Naidu,   Congress,   NDA Government,   Prithvi Raj Chavan,   Anand Sharma,   GST,   Warehousing corporation bill,   Regional rural banks bill,   Latest Nation News ,  
Loan recovery eludes Indian <strong>banks</strong> even as growth rate beats China

Loan recovery eludes Indian banks even as growth rate beats China

25 May 2015

Mumbai: A recovery in India's credit growth could elude the country's banks until early 2016, despite an economy that in the first three months of this year is expected to have outpaced China.

India credit growth,   Indian banks,   Indian economy,   China economy,   India GDP,   China GDP ,  
Action against <strong>banks</strong> that don't disburse aid money to farmers: Fadnavis

Action against banks that don't disburse aid money to farmers: Fadnavis

24 May 2015

Kolhapur: Maharashtra Chief Minister Devendra Fadnavis on Sunday said action will be taken against banks that do not distribute the financial aid released by the government to the farmers.

Devendra Fadnavis ,   Maharashtra Chief Minister,   farmer suicide,   compensation to farmers,   latest state news,   ,  
 Salman Khan to attend sister Arpita Khan's reception in Himachal Pradesh

Salman Khan to attend sister Arpita Khan's reception in Himachal Pradesh

25 May 2015

Shimla: Bollywood superstar Salman Khan will be reaching Himachal Pradesh's Mandi town on Monday to attend his younger sister Arpita Khan's marriage reception, event organisers said on Sunday. The state government has declared the actor a state guest and will provide him a chopper to take him and his family to the venue from Chandigarh.

Salman Khan,   Salman Khan sister,   Arpita Khan reception,   Himachal Pradesh,   Mandi,   Aayush Sharma,   Rural Development Minister Anil Sharma,   Bollywood couple,   Latest entertainment news,  
RRBs with assets less than USD 175 million not to register with FATCA

RRBs with assets less than USD 175 million not to register with FATCA

29 Jan 2015

Mumbai: The Reserve Bank has exempted Regional Rural Banks with assets less than USD 175 million to register with the US Internal Revenue System under Foreign Account Tax Compliance Act (FATCA).

Regional Rural Banks,   RRBs,   Foreign Account Tax Compliance Act,   FATCA,   Internal Revenue System,   ,  
Central <strong>banks</strong> should not ignore global responsibilities: Raghuram Rajan

Central banks should not ignore global responsibilities: Raghuram Rajan

20 May 2015

New York: Multilateral institutions like the IMF need to re-examine "rules of the game" but central banks should not ignore international responsibilities despite their domestic mandates, RBI Governor Raghuram Rajan has said.

Central Banks,   RBI governor,   Raghuram Rajan,   IMF,   Monetary Policy,   Latest Business News ,  
Government raises account opening target to 10 crore under PMJDY

Government raises account opening target to 10 crore under PMJDY

27 Nov 2014

New Delhi: Enthused by initial response, the government has revised upwards target for opening of accounts under Pradhan Mantri Jan Dhan Yojana (PMJDY) from 7.5 crore to 10 crore by January 26.

Pradhan Mantri Jan Dhan Yojana (PMJDY),   Finance Minister Arun Jaitley,   Aadhar card,   Direct Benefit Transfer (DBT) scheme,   Regional Rural Banks(RRBs),   National Rural Livelihood Mission (NRLM),  
 Low interest rates important, but consumer demand key: Raghuram Rajan

Low interest rates important, but consumer demand key: Raghuram Rajan

20 May 2015

New York: Raising concern over central banks globally being pushed into "competitive monetary easing", RBI Governor Raghuram Rajan on Tuesday said lower interest rates and tax incentives can boost investments, but it is consumer demand that holds the key for pushing economic growth.

Low interest rates,   demand,   Raghuram Rajan,   central banks,   RBI Governor,   Raghuram Rajan,   Latest business news,  

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