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LENDERS TO JOIN HANDS TO DEVELOP DIGITAL BANKING INFRASTRUCTURE
HIGHLIGHTS
- Public sector banks are planning to build and share digital infrastructure.
- Not just software, banks are likely to share the hardware used for setting up the back office and servers.
In response to the rapid digital adopti...
BANK OF INDIA GAINED PROFIT IN THIRD QUARTER
Highlights:
- Net profit accounts for Rs. 138.20 crores for December quarter 2019-20.
- Bad-loans has been reduced to Rs. 4,028.03 crores.
- Gross Non-performing Assets are at 16.30 percent in the same quarter.
On Friday, Bank o...