Bank strike on March 15, 16 to hit services; BoM informs customers
In a BSE filing, the Bank of Maharashtra stated that the United Forum of Bank Unions (UFBU) has given a call for two-day strike on March 15 and 16 in support of various demands and issues
BusinessToday.In | March 10, 2021 | Updated 16:01 IST
Ahead of the proposed bank strike for two days, the Bank of Maharashtra has informed its customer that the normal functioning of its branches is likely to remain affected.
In a BSE filing, the Bank of Maharashtra stated that the United Forum of Bank Unions (UFBU) has given a call for two days strike on March 15 and 16 in support of various demands and issues.
Uco Bank gets a new executive director after a year
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Khan, who was chief general manager at Union Bank of India prior to this new assignment, has taken charge Wednesday in place of former executive director Charan Singh, who superannuated exactly a year back. Ajay Vyas is another ED at Uco Bank.
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In a similar exercise, the government has appointed AB Vijayakumar as ED in Bank of Maharashtra, along with 12 other chief general manager/general managers as EDs in various public sector banks.
The government has appointed Ishraq Ali Khan as the executive director at
Uco Bank filling a long vacuum at the top management.
Bank of India (up 7.28 per cent), Punjab & Sind Bank (up 4.82 per cent) and
Central Bank of India (up 4.8 per cent) were among the top gainers. The Nifty PSU Bank index was trading 1.63 per cent up at 2379.15 around 02:00PM. Benchmark NSE Nifty50 index was up 27.65 points at 14965.75, while the BSE Sensex was up 69.23 points at 50474.55. Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red. Shares of Vodafone Idea, PNB, ONGC, GAIL and YES Bank were among the most traded shares on the NSE. Shares of DCM Shriram , Elgi Equipments, Grindwell Norton, Blue Dart Express and Adani Power hit their fresh 52-week high in today s trade, while B C Power Controls Ltd., Kavveri Telecom Products Ltd. and Marine Electricals (India) Ltd. hit fresh 52-week low in trade.
: Saturday, March 6, 2021, 4:45 PM IST
Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India are shortlisted for privatisation
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Now the government has shortlisted four mid-sized state-run banks for privatisation. Earlier, the government was considering only two public sector banks but now it plans to privatise four banks.
According to a tweet by journalist Aadesh Rawal, the government has taken the call to do so. The four banks shortlisted are Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India.
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During the budget 2021, Sitharaman announced the plan to privatise two state-run banks,
Techno Electric & Engineering Company Ltd, Bank of Maharashtra, Mahindra & Mahindra Financial Services Ltd and Shriram Transport Finance Company Ltd are among the other losers in the BSE s A group today, 26 February 2021.
Techno Electric & Engineering Company Ltd, Bank of Maharashtra, Mahindra & Mahindra Financial Services Ltd and Shriram Transport Finance Company Ltd are among the other losers in the BSE s A group today, 26 February 2021.
ABB Power Products and Systems India Ltd crashed 9.62% to Rs 1464.05 at 14:48 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 11806 shares were traded on the counter so far as against the average daily volumes of 10089 shares in the past one month.