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Postbank sees 20% slump in social grant recipients, as banks pick up the slack
Data from the SA Social Security Agency which shows beneficiaries who received payments into Postbank accounts slumped to ...
Govt seeks advisers for minority stake sales in state-run banks, firms
The federal finance ministry is looking dilute minority shareholdings in Central Bank of India, Indian Overseas Bank, UCO ...
Shares of PSBs in focus: Here's why
Through the offer for sale (OFS) in public sector banks, the centre looks to meet the minimum public shareholding norm by ...
IDBI, Central Bank to IOB: PSU Bank shares edge higher after THIS divestment update
Several PSU bank stocks, such as IDB Bank, Central Bank of India, and Indian Overseas Bank, showed gains in morning trade on ...
UCO Bank, IoB, Central Bank, Punjab & Sind Bank shares surge up to 4% on stake sale reports
According to reports, the Department of Investment and Public Asset Management has invited bids from merchant bankers to ...
India seeks advisers for minority stake sales in state-run banks, financial firms
India has invited bids to appoint merchant bankers and legal advisers to sell the government's minority shareholding in ...
Gamification, hyper-personalisation and more in YONO 2.0, says SBI chairman
The new version of the bank’s mobile banking app, expected to be released by July, will ensure an omnichannel experience for ...
Govt seeks merchant bankers, legal firms to cut stake in public sector banks, financial institutions
Currently, a host of public sector banks and financial institutions are yet to meet the minimum 25 per cent public shareholding norm mandated by market regulator Sebi. The government has set August 1, ...
JPMorgan to lay off 121 employees in Jersey City office
JPMorganChase is letting go of 121 employees at its Jersey City offices, public filings show, as the banking and finance sector looks to trim headcount amid new technology. The layoffs are expected to ...
Govt seeks merchant bankers for selling equity in public sector banks, financial institutions
The Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from merchant bankers to assist the ...
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Banks face promise and peril with weakened bank regulators
While banks have cheered President Trump's deregulatory promises and welcomed efforts to reform regulatory agencies, experts ...
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Tanzania to host Africa Energy Summit, public sector employees in Dar to work from home
To avoid disruptions caused by these road closures, the government has instructed public sector workers in Dar es Salaam to work from home,” the statement highlighted. The statement further noted that ...