by newsworm | Dec 13, 2024 | Au Small Finance Bank, Bank of Baroda, Banking, HDFC Bank, Union Bank of India
AU Small Finance Bank has appointed Vikash Modi as its new Head of Human Resources. Modi has 26 years of experience in the banking and financial services industry, with expertise in HR transformation, culture building, diversity and inclusion, and leadership... by newsworm | Dec 12, 2024 | Banking, Union Bank of India
The National Consumer Disputes Redressal Commission held Union Bank of India liable for deficiency in service due to unauthorized transactions. The complainant, a partnership firm, had an account with the bank, but two unauthorized transactions totaling Rs. 9,00,000... by newsworm | Dec 11, 2024 | Banking, Union Bank of India
A man named Vilas Tangde created chaos at the Union Bank of India’s Co-operative Bank Colony branch in Chhatrapati Sambhajinagar on Tuesday. Tangde, who hails from Cidco, N-6, was upset over the bank’s seizure of his house in Singhgad Colony on Saturday.... by newsworm | Dec 10, 2024 | Banking, Union Bank of India
The case of Bikram Bhadur Vs. Union Bank of India & Anr. was a recent judgment by the National Company Law Appellate Tribunal (NCLAT) on the interpretation of Section 10A of the Insolvency and Bankruptcy Code (IBC). The applicant, Bikram Bhadur, was an... by newsworm | Dec 9, 2024 | Axis bank, Banking, Canara Bank, HDFC Bank, ICICI Bank, Punjab National Bank, RBI, State Bank of India, Union Bank of India
The Reserve Bank of India (RBI) has raised the cap on Foreign Currency Non-Resident (FCNR) deposit rates for tenors of 1-3 years to Alternate reference rate (ARR) + 400 bps. This move aims to stimulate foreign currency inflows and is effective until March 2025. FCNR... by newsworm | Dec 9, 2024 | Bank of Baroda, Banking, Punjab & Sind Bank, Punjab National Bank, State Bank of India, Union Bank of India
Public sector banks in India have written off loans worth Rs 42,035 crore in the first six months of the current fiscal, according to data presented in Parliament. The largest banks, including State Bank of India, Punjab National Bank, Union Bank of India, and Bank of...