Banks have started organising silent demonstration in front of houses of defaulters.
United Bank of India and Andhra Bank employees start organising silent protests.
Chillr App allows users to send money to any contact in phone books.
Bank dismisses mis-selling charges, says lawsuit filed after it initiated legal recovery action over loan default
It might be difficult to repeat the SKS success with VAYA Finserv, say analysts
Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents.
The bank introduces project 'Khoj' to re-hire 3,000 ex-workers over 18 months.
Fraudsters duplicate SIM cards to hack into bank accounts.
The introduction of more technology platforms has also helped.
Your opportunity to earn higher interest by keeping more than Rs 1,00,000 in your savings bank account might soon be limited.
UCO Bank will not allow Kingfisher Airlines to be represented by lawyers in the wilful default case hearing.
Possible slowdown of FII money into debt and equity markets could add pressure on currency.
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.
Sources said a few other lenders were also contemplating a move to declare both Kingfisher Airlines and UBHL wilful defaulters.
Wilful defaulters will not be allowed to take up board positions in any company.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
Fresh hiring might slow as banks likely to focus on improving efficiencies.
Writes to shareholders highlighting its performance, governance practices.
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