Tag: banks

Govt puts bank staff performance-linked incentive scheme on hold ahead of strike

September 8, 2026 admin

Commuters ride past a State Bank of India (SBI) branch in Bengaluru | Photo Credit: AFP The Ministry of Finance has said that it has decided to keep in abeyance the performance-linked incentive (PLI) scheme it had initially planned for 2025-26 for public sector bank employees, following a meeting between Finance Minister Nirmala Sitharaman and…

Business

Banks in Karnataka disbursed ₹2,47,754 crore towards agriculture sector in Q4, exceeded target by ₹25,551 crore

May 27, 2026 admin

The 175th State Level Bankers’ Committee meeting was held at Vidhana Soudha on May 26. | Photo Credit: File photo Banks in Karnataka have reported a disbursement of ₹2,47,754 crore towards the agriculture sector in the fourth quarter ended March 31, 2026, as against their target of ₹2,22,203 crore, said Bhavendra Kumar, executive director, Canara…

Nation

Strengthen framework to curb unethical practices: RBI Governor to bank boards

November 18, 2024 admin

“While such practices may yield short-term gains, they ultimately expose the bank to significant long-term risks, including reputational damage, supervisory scrutiny, and financial penalties,” Shaktikanta Das said in a keynote address at the Conference of Directors of Private Sector Banks here. | Photo Credit: Thulasi Kakkat RBI Governor Shaktikanta Das on Monday (November 18, 2024)…

Business

The Microsoft Windows ‘Glitch’ Is Actually A Warning For Today’s Tech

July 20, 2024 admin

Imagine a scene from Neuromancer: hackers breaking in, causing chaos with every keystroke. Now, flash back to this Friday. That sci-fi scenario? It’s suddenly not so fictional. A botched software update has just thrown real life into disarray. Planes grounded, emergency lines jammed, and check-in counters swamped with long, snaking lines of frustrated travellers. The…

Nation

Will Banks, Stock Markets Be Open On July 4th? Check Here

July 3, 2024 admin

All federal offices will be closed, including from the legislature to the courthouse. Fourth of July will mark the 278th anniversary of the founding of the United States (US). Since the adoption of the Declaration of Independence by the Continental Congress on July 4, 1776, this day has been an important federal holiday in the US….

World