Read more about Intellect Design Arena deploys its WealthQube suite for China Bank in Philippines on Business Standard. China Bank now joins the ranks of the very few financial institutions in Asia Pacific with 100% digitisedTrust and Wealth Management operations. With Intellect s WealthQube suite, China Bank has acquiredthe unparalleled ability to service
Read more about Embargo Lifted On Grant Of Government Business To Private Banks Says Finance Minister on Business Standard. Powered by Capital Market - Live News
Read more about Karnataka Bank reports fraud to RBI on Business Standard. The above entity had availed credit facilities from the Bank during 2016 under multiple bankingarrangement wherein, the Bank was one of the member Banks and during 2018, theborrowing account was classified as Non-Performing Asset and has been
The Reserve Bank on Friday said it has barred Karnataka-based Deccan Urban Co-operative Bank Ltd from granting fresh loans or accepting deposits and customers cannot withdraw more than Rs 1,000 from their savings account for a period of six months. The lender has also been asked not to make fresh investments or incur any liability without its prior permission. The RBI said it issued the directions to chief executive officer of the bank on Thursday (February 18). It has also asked the lender to desist from disbursing any payment whether in discharge of its liabilities or otherwise, or dispose of any of its assets except as notified in the RBI direction.