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Indian Banks Plan To Shut Down Most Branches During Lockdown

The RBI and the country's leading banks are mulling to close most bank branches across the country to prevent the spread of the highly deadly Covid 19 infection, four sources privy to the development told Reuters. In the 21-day lockdown ...

Covid19 Impact: Banks Change Timing, Offer Waiver On Digital Transactions

Under virtual lockdown situation to combat the deadly Covid 19 infection, banking industry has urged customers to go digital and will offer just essential banking services from bank premises. Thus keeping the safety of its employees and customers at first place, ...

SBI To Shut Its Bank Branches, Reduce Employee Strength: This Is What Govt. Says

In response to a member's query which asked whether the centre plans to close down SBI branches across the country and replace them with e-corners and to the other question that asked whether the administration proposes to trim workforce strength of ...

Government Ask Public Sector Banks To Shut Down Branches Incurring Losses

The government is constantly attempting to strengthen public-run banking institutions in the long-run through its several measures. The latest being prompt corrective action or PCA being invoked against some 10 PSBs. Further to this, banks have been asked to rationalize ...

India should open up banking sector: Expert

Singapore: India should open up its banking sector to foreign banks and tap the strength of international financial institutions, an expert has said. Piyush Gupta, Chief Executive of Singapore's DBS Group Holdings, said India could tap foreign banks to bridge ...