Daily Banking & Finance Update Ep (15) Dated 26.11.2019

#bankingupdate #currentnewsbankers #todaybankingnews

https://youtu.be/PqgnquweSeY

Bankers have blamed lax regulations and said some bank officials were working in league with fraudsters
SBI reported fraud of ₹25,400 crore followed by PNB of ₹10,800 crore and BoB of ₹8,300 crore
The reduction in the amount through levy of charges by PSBs during 2018-19 include reduction in charges for non-maintenance of balance by State Bank of India, with effect from October 1, 2017,” Minister of State for Finance Anurag Singh Thakur said in a written reply to the Lok Sabha.
In August, the government announced its plan to merge 10 public sector lenders into four to create fewer and stronger global-sized banks. “Government has been pursuing the policy of merger of public sector banks despite the adverse implications.

The reduction in the amount through levy of charges by PSBs during 2018-19 include reduction in charges for non-maintenance of balance by State Bank of India, with effect from October 1, 2017,” Minister of State for Finance Anurag Singh Thakur said in a written reply to the Lok Sabha.
Lenders held camps across 374 districts to reach out to potential customers for lending
Out of the ₹2.5 tn, ₹1 tn was given as new term loans, ₹46,800 cr as new working capital loans
Further, the RBI, in consultation with the government, decided to rationalise certain other provisions for SNRR Account
Other purposes for allowing such a move are for export or import invoicing and business related transactions outside International Financial Service Centre, all in INR

Daily Banking & Finance Update Ep (11)

https://youtu.be/pbtarV78hPc

Daily Banking & Finance Update Ep (10)

https://youtu.be/id9LQ6IsL7Q

Daily Banking & Finance Update Ep (09)

https://youtu.be/8VPhJn1JNjM

Daily Banking & Finance Update Ep (08)

https://youtu.be/b2_GIWydlDc

Daily Banking & Finance Update Ep (07),

https://youtu.be/AUjjEv4HZlg

Daily Banking & Financial Update Ep (6)

https://youtu.be/VWs8YohHxhA

Daily Banking & Financial Update Ep (5)

https://youtu.be/Mvi0GEzszF0

Daily Banking & Financial Update Ep (4)

https://youtu.be/OyN3y4HsaDQ

Daily Banking & Financial Update Ep (3)

https://youtu.be/xSuiEy8frQ8

Daily Banking & Financial Update Ep (2)

https://youtu.be/TnUJLyv-DGM

Daily Banking & Financial Update Ep (1)

https://youtu.be/WyA2IPB7dZo

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