Author: admin@thebankingtimes.in
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Expected DA for Bank Employees from August 2025: What is DA and How is it Calculated?
Source: CPI & 12th Bipartite Settlement Bank employees across India are closely watching the dearness allowance (DA) revision set to be applicable from August 1, 2025, as per the terms of the 12th Bipartite Settlement (BPS). The updated CPI data for May 2025 was released june 30 by the Government of India, and DA projections…
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Who is Priya Sachdev Kapur? Widow at Centre of ₹30,000 Crore Family Feud After Sunjay Kapur’s Death
Priya Sachdev Kapur, a former model, entrepreneur, and socialite, has now become the central figure in a high-profile legal and family battle following the sudden death of her husband, billionaire industrialist Sunjay Kapur. Who is Priya Sachdev Kapur? Priya is best known for her work in fashion and entertainment in the early 2000s. She made…
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Bank of Baroda Begins FY26 With Strong Numbers, Q1 Profit Hits Rs. 4,541 Cr Amid Soaring Non-Interest
Date: July 25, 2025Location: Mumbai Kicking off the fiscal year with confidence, Bank of Baroda (BoB) has announced a robust financial performance for Q1 FY26, reporting a net profit of Rs. 4,541 crore, a marginal but stable 1.9% increase YoY compared to Rs. 4,458 crore in Q1 FY25. What makes the Q1 performance impressive isn’t…
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AIBOBOU Urges Bank of Baroda to Review Mechanically Rejected Transfer Grievances
In a significant development highlighting growing unrest among officers, the All India Bank of Baroda Officers’ Union (AIBOBOU) has formally written to the General Manager – Human Resources of Bank of Baroda, urging a one-time merit-based review of officer transfer grievances that were dismissed with stereotypical responses. The union expressed deep dissatisfaction over the HR…
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ED Attaches ₹106.36 Crore Assets of Former UCO Bank CMD in ₹6,210 Crore Bank Fraud Case
Subodh Kumar Goel Allegedly Sanctioned Fraudulent Loans in Exchange for Illegal Benefits New Delhi, July 25, 2025 — The Enforcement Directorate (ED) has provisionally attached assets worth ₹106.36 crore belonging to Subodh Kumar Goel, former Chairman and Managing Director of UCO Bank, and his associated entities. The action is part of a broader money laundering…
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Bank of Baroda Withdraws Unauthorized Absence Remark Against Employee After Conciliation
Jammu: In a significant development, the Regional Labour Commissioner (Central), Jammu, facilitated a formal settlement between Bank of Baroda and its employee, Ms. Shaphali Jain, following a dispute over alleged unauthorized absence. The case was raised by the United Forum of We Bankers, which filed an online application (ID No. 300134019) on June 25, 2025,…
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TRAI, RBI, NPCI and Regulators Unite to Combat Spam and Digital Payment Frauds
Mumbai, July 22, 2025:In a major step toward securing India’s digital financial ecosystem, the Telecom Regulatory Authority of India (TRAI) hosted a key meeting of the Joint Committee of Regulators (JCoR) in New Delhi. The meeting brought together top officials from RBI, SEBI, IRDAI, PFRDA, MeitY, and other key bodies to coordinate stronger safeguards against…
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Public Sector Banks’ Gross NPAs Fall Sharply to 2.58% by March 2025
New Delhi, July 22, 2025: In a major boost to India’s banking sector, gross non-performing assets (NPAs) of public sector banks have significantly declined from 9.11% in March 2021 to just 2.58% by March 2025, as per data shared by the Reserve Bank of India (RBI). This positive trend highlights the impact of sustained efforts…
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RBI Dpt. Governor Swaminathan J Inspires Future Bankers with Four Life Lessons at NIBM Valedictory
Pune:Shri Swaminathan J, Deputy Governor of the Reserve Bank of India, delivered an inspiring valedictory address to the PGDM Batch of 2025-27 at the National Institute of Bank Management (NIBM), Pune. His speech, titled “Reflections from a Banker’s Journey,” offered profound insights drawn from his decades-long career in both the State Bank of India and…
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Jyothi Surekha Vennam Felicitated by Union Bank for World Cup Archery Feat
Vijayawada:India’s ace compound archer Jyothi Surekha Vennam was warmly felicitated by the Union Bank of India officials at her residence in Vijayawada on Friday, in recognition of her outstanding performance at the World Cup Archery Stage IV held in Madrid. The event was led by Mr. C.V.N. Bhaskara Rao, Convenor of State Level Bankers’ Committee…