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News
Gujarat Gramin Bank Officers and Employees' Associations Urge Management to Resolve Transfer, HR and Staff Welfare Issues
22+ hour, 16+ min ago (207+ words) Gujarat Gramin Bank Officers' and Employees' Associations have jointly raised several pending issues with the management, including transfers, HR administration, staff welfare, manpower and employee benefits. The associations have sought time-bound resolution of these key employee concerns while appreciating progress…...
Government Clarifies Loan Write-Offs Do Not Mean Waiver of Borrowers’ Liabilities
2+ day, 15+ hour ago (337+ words) Thekanal Government Clarifies Loan Write-Offs Do Not Mean Waiver of Borrowers’ Liabilities The Government has clarified that loan write-offs by Public Sector Banks do not mean borrowers are exempt from repayment, with banks continuing recovery efforts through legal mechanisms while…...
Government Reviews Fintech Sector, Highlights Consumer Protection Measures
2+ day, 13+ hour ago (318+ words) Thekanal Government Reviews Fintech Sector, Highlights Consumer Protection Measures The government says it is continuously reviewing India's fintech sector and has introduced regulatory measures, stronger digital payment security standards and consumer protection mechanisms to improve transparency, safeguard users and support…...
Tamil Nadu Ranks Second in PMMY Loan Disbursals, Government Highlights Scheme Progress
4+ day, 14+ hour ago (208+ words) Tamil Nadu has recorded the second-highest cumulative loan disbursals under the Pradhan Mantri Mudra Yojana, with over ₹3.92 lakh crore disbursed since 2015, while the Government said it continues to strengthen access to collateral-free credit and grievance redressal under the scheme. Punjab…...
Karnataka Grameena Bank Employees Union and Officers Association Raises Concerns Over Staff Safety After Alleged Assault
4+ day, 16+ hour ago (210+ words) The Karnataka Grameena Bank Employees' Union and Officers' Association urged immediate action following an alleged assault on an officer and called for stronger measures to ensure the safety of bank employees. The Association of Odisha Grameen Bank Officers (AOGBO) and…...
India's Bank Hiring Slows Sharply in FY25 as Private Lenders Reduce Workforce
4+ day, 19+ hour ago (206+ words) India's banking sector witnessed a sharp slowdown in hiring during FY25, with net employment additions falling to just 21,000 as private sector banks reduced their workforce, while public sector banks and small finance banks continued to recruit. Indian Overseas Bank (IOB) reported…...
AIBPARC Urges IBA to Strengthen Medical Insurance Scheme for Bank Retirees
5+ day, 19+ hour ago (337+ words) Thekanal AIBPARC Urges IBA to Strengthen Medical Insurance Scheme for Bank Retirees The All India Bank Pensioners' and Retirees' Confederation (AIBPARC) has urged the Indian Banks' Association to improve the Group Medical Insurance Scheme for bank retirees, seeking wider coverage,…...
One State, One RRB in Telangana: A Blueprint for India’s Largest Rural Banking Network?
6+ day, 52+ min ago (461+ words) Telangana leads the One State, One RRB initiative, transforming Telangana Grameena Bank into India’s largest rural banking network. With 929 branches, TGB surpasses SBI in Telangana. Similar expansions in Bihar and Uttar Pradesh are expected soon. India’s rural banking sector has…...
Does the CLC Proceeding Place Sponsor Banks at the Centre of RRB Governance?
1+ week, 22+ hour ago (259+ words) ‘NABARD and DFS should have entrusted this responsibility’ CLC proceeding revives debate over Sponsor Banks role in RRB governance and 12th BPS implementation. It further added: “The sponsored banks will make all efforts to ensure that terms of 12th Bipartite Settlement and…...
IDBI Bank Sale Revives Debate on Public Sector Bank Privatisation
1+ week, 2+ day ago (286+ words) Thekanal IDBI Bank Sale Revives Debate on Public Sector Bank Privatisation The proposed sale of a majority stake in IDBI Bank has revived discussions on public sector bank privatisation, with the government and LIC advancing the strategic disinvestment process amid…...