RBI on June 8, 2015 issued a new notification as an extension to the Strategic Debt Restructuring (SDR) scheme. The new rule enables the banks to recover their loans from defaulting companies, this will enable the bankers to take control of the company if the company fails to repay the debt. This important banking news will help in recovering of bank loans in case of a … [Read more...]
Important Banking News brings you daily updates on news, events, current affairs from the banking and financial sector to help in preparing for the General Awareness Section of IBPS and other Bank exams. IBPS will test candidates on General Awareness focused on Banking sector, and our Banking News will be the right help for that.
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On December 15th 2014, The chairperson of SBI announced that the company is looking for ways to allow women to work from home. Arundhati Bhattacharya has already charted history by becoming the first woman to lead the company in the last two centuries, since its inception! But she is not the first one to test these strange waters. Many companies all over the world have given … [Read more...]