BANKING News
Axis Bank Q1 profit falls 4% due to technical provisioning hit Axis Bank reported a 4% year-on-year decline in net
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IBA
Now, cheques to be cleared in a few hours
Reserve Bank of India (RBI) has proposed continuous clearing of cheques with ‘on-realization-settlement’ Cheque Truncation System, instead of the current
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Most bank frauds are 3rd-party scams: IBA
Indian Banks’ Association chairman M V Rao has said that the threefold increase in bank frauds reported in RBI’s annual
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Central Bank MD M V Rao elected as IBA Chairman
Indian Banks Association (IBA) has elected a new Chairman, M V Rao, Managing Director and CEO, Central Bank of India.
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HC asks IBA to ensure banks follow SOPs
The Delhi High Court has asked the Indian Banks Association (IBA) to hold a meeting of all its members to
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ICAI joints hands with IBA to improve audit quality
Direct balance confirmation is a key audit evidence which is sufficient, appropriate and can be relied upon by the auditors
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IBA considering 5-day work week for bank staff
The Indian Banks Association (IBA) is considering bank unions’ demand for a five-day work week but for which the total
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SIDBI teams up with IBA for preparing MSME credit scores
SIDBI teams up with IBA for preparing MSME credit scores Small Industries Development Bank of India (SIDBI) is working with
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Centre asks IBA to ready EASE-like plan for RRBs
Centre has asked the Indian Banks’ Association (IBA) to prepare a viability plan for regional rural banks (RRBs) similar to
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IBA expert panel to vet loan recast proposals
Banks will jointly set up an expert committee to vet loan restructuring proposals involving amounts of 500 crore and above
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