Govt asks Indian Banks Association to assess impact of Ukraine conflict on outstanding education loans

April 4, 2022 4:04 PM

Govt asks Indian Banks Association to assess impact of Ukraine conflict on outstanding education loans

The Union Government has asked the Indian Banks Association to assess the impact of the ongoing conflict in Ukraine on outstanding education loans of the students returned recently from the country. The government has also asked them to initiate stakeholder consultations in this regard. In a written reply during question hour in Lok Sabha today,  Finance Minister Nirmala Sitharaman said that as per the information received from present public sector banks as on 31st of December 2021, a total of ...

Indian Banks' Association appeals people to wash hands after touching currency

March 23, 2020 7:53 AM

Indian Banks' Association appeals people to wash hands after touching currency

In the wake of the coronavirus outbreak, Indian Banks' Association (IBA) has made an appeal to people to wash their hands after touching or counting currency. The IBA has also asked customers to use online and mobile banking channels for making their transactions and avoid visiting bank branches as it could pose a risk to banks' front desk staff. It also appealed to customers to visit branch premises only in the case of absolute necessity. IBA has also advised banks to use digi...