Ex ICICI Bank CEO Chanda Kochhar found guilty of Rs 64-crore bribe in Rs 300-crore loan sanction to Videoco, Property Worth 78 Crore Seized
Chanda Kochhar, former CEO of ICICI Bank, guilty of receiving bribe of Rs 64 Crores from Videocon group through her husband. The tribunal in order dated July 3 said that money was paid as ‘Quid-Pro-Quo for Sanction of loans of Rs. 300 Crore to Videocon group. Kochhar was part of
QR Code and PNB Aagman app Issue between AIPNBEF and PNB Management Resolved
The ongoing tussle between AIPNBEF and PNB Management is over on two key issues: the PNB Aagman app and the Employee-based QR Code resolved. PNB Management launched an app PNB Aagman app, for marking attendance of Employees through the app. All India Punjab National Bank Employees Federation, representing thousands of
Chief Manager Committed Suicide in BOB, AIBOBOA Written to MD & CEO
A tragic incident is reported in the Pune Zone of Bank of Baroda, where a Chief Manager Scale 4 officer, namely Mr Shiv Mitra of the bank, Commited Suicide. According to police official news reported in the newspaper, a suicide note was found in which he mentioned EXCESSIVE work pressure
Agitation by Bank Officers in PNB
Agitation by Bank Officers in PNB It has come to our attention that a significant number of Officers at Punjab National Bank within the Ara Circle of the Patna Zone are currently engaged in a protest. The reported cause of this agitation is the perceived “dictatorial attitude” of their Circle
Introduction of Look up facility of beneficiaries name in RTGS to avoid fraud and Wrong amount Transfer.
Introduction of Look up facility of beneficiaries name in RTGS to avoid fraud and Wrong amount Transfer. RBI has given direction to all banks vide letter dated 30 December 2024 for Introduction of beneficiary bank account name look-up facility for Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer
Implementation of 5 Days banking
Implementation of 5 Days banking The banking sector in India is experiencing significant strain due to the prolonged delay in implementing the 5-day banking week, despite an agreement signed between the Union Government and the Indian Banking Association (IBA) several months ago. Key concerns raised by industry leaders and experts