Banks  

Finance minister Nirmala Sitharaman assured measures to ensure revival of economy, cheaper loans for home, vehicles and consumption goods. Banks to pass on RBI rate cut benefits to borrowers through MCLR reduction.
 

 According to a communication by the finance ministry to the heads of Public Sector Banks (PSBs), it will be a bottom-up consultative process from the branch level onwards which will involve discussions at the branch or regional level, state level and national level

The Gross Domestic Product (GDP) has been lowered marginally from 7% to 6.9% for the year 2019-20. The Reserve Bank of India has cut the repo rate by an unusual 0.35 percentage points to 5.40% in its third monetary policy review for the current financial year. Repo rate is the rate at which the RBI lends to banks.
 

The Reserve Bank of India has imposed fine on Allahabad Bank, Bank of Maharashtra, Bank of Baroda, Bank of India, Indian Overseas Bank, United Bank of India and Oriental Bank of Commerce Bank for violating norms on current account opening
 

Vijay Mallya, the defaulter who has escaped to London, has tweeted about the issue of bank harassment while condoling the death of Cafe Coffee Day owner VG Siddhartha. But the question remains, despite bank harassment, how did Vijay Malllya escape to UK?

 

The RBI reduced the key policy rate thrice with an aggregate reduction of 0.75 percentage points in the repo rate, the rate at which RBI lends to banks.

Former chief minister of Andhra Pradesh, Chandrababu Naidu, may have to vacate his present residence at Undavalli, which is located on the banks of the Krishna river in Amaravati

The private bank employees allegedly took the woman to a resort after promising her a job in the bank and raped her.

Repo rate is the rate at which RBI lends to its clients generally against government securities. Reduction in repo rate helps the commercial banks to get money at a cheaper rate

The DMK alliance, which has 97 MLAs, is hoping to bag at least 21 of the 22 by-poll Assembly seats to cross the majority mark and topple the AIADMK government in Tamil Nadu. Eighteen seats have already witnessed by-polls. Remaining four that will go to polls on May 19 will stand crucial for the AIADMK
 

Targeting and recovery are just two problematic aspects; solutions could lie in  direct benefit transfers
 

The circular, if implemented, would have taken many big companies like Essar Power, GMR Energy, KSK Energy and Rattan India Power to insolvency.

The fraud case, according to the sleuths, resulted in a loss of Rs 2,348 crore (approx) for the lending banks/financial institutions/govt exchequer

Banks jobs vacancies in the major public sector banks which conduct their exams for - clerks (Clerical), specialist officer (SO), probationary officers (PO) and management trainees (MT) through Institute of Banking Personnel Selection (IBPS). 
 

Vijay Mallya has offered to pay 100 percent of the amount he owes to Indian banks. He has accused NDA of double standards and has said that his 4000 crore investment into Kingfisher was not recognised and instead slammed.