Indian Bank

24Apr

Business

New Appointments In SBI, Indian Bank Managements; Asheesh Pandey Indian Bank CEO

Financial Services Institutions Bureau (FSIB) has recommended Bank of Maharashtra Executive Director Asheesh Pandey as the Managing Director (MD) and Chief Executive Officer (CEO) of Indian Bank. In notification, the Bureau, constituted in 2022by Central Government for the purpose of recommending pe...

RBI Imposes Penalty On SBI And Other Banks For Violation Of Regulations

26Sep

Business

RBI Imposes Penalty On SBI And Other Banks For Violation Of Regulations

The RBI has imposed monetary penalty on banks which have violated regulatory norms, an RBI press release said. The penalty falls on three state owned banks, the State Bank of India (SBI), Indian Bank and Punjab and Sind Bank. The SBI has been fined with Rs.1.3 crore for non-compliance of ‘Loans and ...