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Bank unions to go on with plans for strike on March 24-25 as talks with IBA fail

The unions demanded a five-day workweek and recruitement in all cadres.

The unions have also sought the withdrawal of recent directives from the Department of Financial Services (DFS) regarding performance reviews.(Representative image/Pixabay)
Published on Mar 14, 2025 01:22 PM IST

Citibank mistakenly sends 7,000 lakh crore instead of 24,000 to client: Report

Financial Times reported that the transaction was reported to the Federal Reserve by Citibank.

Citibank's erroneous transfer took place in April last year.(Bloomberg)
Updated on Mar 01, 2025 03:45 PM IST

Bank holiday for Mahashivratri 2025: Are banks open or closed on February 26?

Bank holiday for Mahashivratri 2025: Banks will remain closed in some specific states due to the occasion of Mahashivratri.

Bank holiday for Mahashivratri 2025: Signage at an ICICI Bank Ltd. branch in Mumbai, India, on Thursday, Oct. 24, 2024.(Abeer Khan/Bloomberg)
Published on Feb 25, 2025 08:21 AM IST

Ex-CEO of New India Co-Op Bank arrested in 122 crore embezzlement case

Ex-CEO of New India Co-Op Bank arrested in ₹122 crore embezzlement case

The former General Manager and Head of Account of New India Cooperative Bank has been booked by the Mumbai Police.(PTI)
Updated on Feb 21, 2025 04:54 PM IST
PTI |

Standard Chartered to return 13,000 crore to shareholders: Here's why

Standard Chartered will be returning $1.5 billion (over ₹13,000 crore to shareholders, a decision it announced after announcing fourth-quarter earnings.

Standard Chartered has announced it will be returning <span class='webrupee'>₹</span>13,000 crore to shareholders. Read on to know why(Reuters)
Published on Feb 21, 2025 02:22 PM IST
By | Edited by Ashley Paul
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