Tag archive for ‘Bank’
By Loknath Das On Tuesday, May 2nd, 2017
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SBI Minimum Balance On Savings Bank Accounts: How Much Fine You Have To Pay

  SBI or State Bank of India is charging a fine on savings bank account customers not meeting the average monthly balance requirement. The amount of penalty for non-compliance with the monthly average balance More...

By Loknath Das On Sunday, April 30th, 2017
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PNB loans to get cheaper as bank cuts MCLR rates from May 1

Public sector lender Punjab National Bank has decided to cut its marginal cost of funds-based lending rate (MCLR) by 10-15 basis points across different maturities from May 1. The revised MCLR, the internal benchmark More...

By Loknath Das On Tuesday, April 25th, 2017
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SBI Savings Bank Account Minimum Balance How Much Fine You Have To Pay

SBI or State Bank of India is charging a fine on savings bank account customers not meeting the average monthly balance requirement. The amount of penalty for non-compliance with the monthly average balance or More...

By subhadip On Monday, February 13th, 2017
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The Co-op Bank puts itself up for sale

The Co-op Bank says it is putting itself up for sale and is inviting offers to buy all of its shares. The bank, 20% owned by the Co-operative Group, almost collapsed in 2013, and was bailed out by US hedge funds. The More...

By subhadip On Monday, February 13th, 2017
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For sale: Co-op Bank looks for buyers

The Co-operative Bank has put itself up for sale – four years after it nearly collapsed and had to be bailed out by US hedge funds. Amid persistent speculation over its long-term future, the bank said its board More...

By subhadip On Monday, February 6th, 2017
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Made in London no more: will property speculation kill industry in the capital?

Beefeaters’ red uniforms, Ford motor engines, Truman’s beer, Brompton bikes – they all share the proud hallmark of being made in London. But for how much longer? The capital is cannibalising its industry, More...

By subhadip On Monday, February 6th, 2017
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Draghi backs bank rules as Trump seeks deregulation

The president of the European Central Bank (ECB) says a relaxation of banking rules is the “last thing we need” as Donald Trump takes aim at post-crisis regulation in the US. Mario Draghi made his comments More...

By subhadip On Friday, February 3rd, 2017
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Deutsche Bank pulls out of coal projects to meet Paris climate pledge

Deutsche Bank, the biggest bank in Germany, has said it will stop financing coal projects as part of its commitments under the Paris agreement to tackle global warming. “Deutsche Bank and its subsidiaries will More...

By subhadip On Thursday, January 19th, 2017
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India: agencies predict 30% drop in students going to Aus due to bank back up

Implementation of the new policy and introducing new ₹500 and ₹2,000 bank notes into circulation has put a strain on banks resulting in delays in processing education bank loans for overseas study. The backlog More...

By subhadip On Wednesday, January 18th, 2017
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Former Co-op Bank chair Paul Flowers dismissed from church over drugs

Paul Flowers, the former chairman of the Co-operative Bank, has been dismissed as a minister by the Methodist church after he was convicted of possessing cocaine, crystal meth and ketamine in 2014. In a statement, More...