Bank Updates Only: October 2019

Thursday, October 31, 2019

DA increased for Bankers from Nov-19

DA increased for Bankers from Nov-19 to Jan-20...

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Syndicate Bank reports net profit in Q2

Syndicate Bank reported a net profit of Rs 251.05 crore in Q2 September 2019 over a net loss of Rs 1,542.54 crore in....

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Wednesday, October 30, 2019

United Bank of India reports net profit in Q2

State-owned United Bank of India reported a net profit of Rs 123.88 crore in the second quarter ended September 30, on the back of substantially lower dud loans, leading to lower provisioning ....

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Friday, October 25, 2019

State Bank of India(SBI) Q2 profit zooms three-fold

Public sector State Bank of India on Friday posted a 218 per cent jump in standalone net profit for the September quarter to Rs 3,011.73 crore. The lender had posted a profit...

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Wednesday, October 23, 2019

Indian Bank Q2 net profit more than doubles

Indian Bank on Wednesday said its second quarter net profit more than doubled on higher other income and a decline in provisioning....

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Tuesday, October 22, 2019

Oriental Bank of Commerce (OBC) Q2 result, profit rise QoQ

State-owned Oriental Bank of Commerce (OBC) posted net profit of Rs125.9 crore in the quarter-ended September, up 23%.....

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AIBEA Wants PMC Bank to be Merged with any PSU Bank

Though the 11th Bipartite Wage revision of the Public Sector Banks are still pending for more than two years with the reason of higher Non performing assets (NPA), the employees union of the Public Sector Bank, All India Employees Association (AIBEA) geenral secretary has requested the finance minister to merge the defunct Punjab & Maharashtra Co-operative Bank with a Public sector Bank and lift the ban on

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