Tag: Bank

The unclaimed deposits in the banks - deposits-SB/CA/fixed, not claimed for 10 years, was over Rs 48,200 crore last year, up from about Rs 39,200 crore in 2021 and about Rs 24,000 crore in 2020, as per the report.

"We need to scale up banking. The need is for at least four-five more SBI sized banks," Sitharaman said.

Bhubaneswar: Questioning the discrepancy in the amount of gold collected from the ‘Hundis (donation boxes)’ of Puri Srimandir and the amount deposited in the bank locker, BJP has filed a Public Interest Litigation (PIL) in the Orissa High Court today. In the PIL filed by BJP State vice-president Samir Mohanty, a Central Bureau of Investigation […]

Balasore: At a time when Aadhaar card has been made mandatory for important works including several government schemes, residents in Balasore are now left in quandary as several centres here are charging fee for enrollment. The Aadhaar Card centres are charging fee of about Rs 50- Rs 200 for enrolling people for the unique identification […]

Bhubaneswar: Keeping the desperation of the people in the exchange of old Rs 500 and Rs 1000 currency notes which have been declared invalid by the Centre recently, the Department of Post, Government of India, has decided to keep post offices in all states including Odisha open on Sunday. As informed by the Postmaster General […]

Puri: In a daring daylight robbery, some unidentified miscreants ransacked the State Bank of India (SBI) Automated Teller Machine (ATM) at Delanga Bazaar in Pipili and decamped with the cash. According to sources, soon after the loot, the ATM and the bank caught fire. Though the exact reason behind the outbreak of the fire is […]

New Delhi: Operations at public sector banks are likely to be impacted as employee unions have decided to go on a two-day nation-wide strike from Monday to press for wage revision. During the conciliation meeting held on February 6 before the Chief Labour Commissioner, the IBA did not come up with any improvement in the […]

Kolkata: The country’s largest lender, State Bank of India (SBI), is looking at recovering more than Rs 40,000 crore of its stressed assets in the current fiscal, an official said on Saturday. “Our expectation is that we will be making a recovery of more than Rs 40,000 crore in the current financial year. We expect […]

Mumbai: The Punjab National Bank (PNB) has charged that foreign branches of other Indian banks may also be involved in what has turned out to be the biggest fraud in the country’s banking sector involving diamond trader Nirav Modi. “There is clear criminal connivance of the group companies of Nirav Modi and Gitanjali Gems with […]

New Delhi: Sounding a note of caution on the inflationary impact of rising global crude oil prices ahead of the RBI’s final monetary policy review of the fiscal, Finance Minister Arun Jaitley on Monday said that lowering interest rates is a decision entirely in the domain of banks. In an interview to a private channel […]

Beijing: An Indian robot made in China, which could recognise people by their nationalities and guide customers in a bank, today captivated Chinese manufacturers at an IT event held in the southern port city of Dalian. The five-feet Robot Mitra which was designed in Bengaluru but manufactured in the Chinese city of Shenzhen was presented […]

New Delhi: Services at public sector banks may take a hit on Tuesday as all unions under the aegis of UFBU have threatened to go on strike against the government’s proposed consolidation move besides raising a host of other demands. Most banks have already informed their customers that functioning of branches and offices will be […]

Mumbai: BSE benchmark Sensex recouped over 134 points to trade above the 30,000-mark in early trade today on the back of widespread gains triggered by encouraging corporate earnings. The 30-share index rose by 134.33 points, or 0.44 per cent, to 30,052.73. The gauge had lost 214.95 points in the previous two sessions. All the sectoral […]

Kendrapara: The ensuing three-tier panchayat polls has thrown up quite a few paradoxes with several candidates not having mobile phones, bank accounts or post office passbooks. As per the sworn affidavits furnished at the district election office, there are instances of candidates in the fray having no movable or immovable property of their own. Penniless […]

Bhubaneswar: Chief Minister Naveen Patnaik today asked Prime Minister Narendra Modi to exempt the provision of PAN Card number for people belonging to Scheduled Areas of Odisha for bank deposits beyond Rs 50,000. “I would request your good office to kindly exempt the Scheduled Area of our state from the insistence on PAN Card number […]