by newsworm | Feb 4, 2025 | Banking, HDFC Bank
Here is a 400-word summary of the content: In a recent judgment, the National Company Law Appellate Tribunal (NCLAT) has upheld the decision of the Committee of Creditors (CoC) to distribute the amount received from the resolution process of a corporate debtor based... by newsworm | Feb 4, 2025 | Banking, Canara Bank
The Government of India has appointed L V Prabhakar, a former CEO of Canara Bank, as a part-time member of the Insolvency and Bankruptcy Board of India (IBBI). Prabhakar, a seasoned banker with over three decades of experience in the financial sector, will serve a... by newsworm | Feb 4, 2025 | Banking, Jammu & Kashmir Bank
A significant amount of money was stolen from a bank branch in the Dachan area of Kishtwar district, according to officials. On Monday, unknown individuals took approximately 19,50,000 rupees from the Jammu and Kashmir Bank branch, which is typically cut off from the... by newsworm | Feb 3, 2025 | Axis bank, Banking
Here’s a summary of the article on the future of banking in the age of tech: The past few decades have seen significant shifts in the world of banking, from the first ATMs in the 90s to today’s mobile and online banking experiences. However, behind the... by newsworm | Feb 3, 2025 | Banking, Union Bank of India
The High Court of Bengaluru has imposed a fine of Rs 5 lakh on Union Bank of India (UBI) for acting in a “dishonest manner” by not honouring bank guarantees. The bank had issued two cheques totalling Rs 8.4 crore as bank guarantees to NHDPL South Private...