Wednesday, Nov 20, 2019 | Last Update : 07:39 AM IST

FALAKNAAZ SYED

Bank, RBI unions differ on deposit insurance

At present DICGC insures each bank depositor upto Rs 1 lakh for both principal and interest.

20 Nov 2019 3:47 AM

Private banks stay in profit, PSBs return to losses

The GNPA of private banks grew from Rs 185,027 crore during Q2FY19 to Rs 191,191 crore in Q2FY20 i.e. by 3.3 per cent.

20 Nov 2019 3:36 AM

Call to exempt banks from deposit cover

The claims settled so far since 1962 is only Rs 5,120 crore and that too for the co-operative banks” added Venkatachalam.

19 Nov 2019 3:48 AM

Major recovery for SBI, ICICI from Essar verdict

Secured financial creditors will recover 92 per cent of their exposure of Rs 42,000 crore to Essar Steel.

19 Nov 2019 3:37 AM

Rupee tumbles 62 paise, could remain weak

The numbers highlighted the persistent structural slowdown in the economy and firmed expectation of further monetary easing by the RBI.

14 Nov 2019 4:23 AM

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SFBs would need nearly Rs 3,900crore till FY22: ICRA

SFBs have made good progress on deposit mobilisation.

12 Nov 2019 2:39 AM

Surveyors oppose hike in limit for self-assessment

The new limits are against the customers and could also impact the livelihood of around 12,000 surveyors.

11 Nov 2019 2:37 AM

Health insurers may offer you fitness goodies

Insurers will not be allowed to promote products or services of any particular third party service provider.

09 Nov 2019 3:42 AM

No NEFT charges from January

The RBI this year had done away with charges on NEFT and RTGS transactions and asked banks to pass on the benefit to their customers.

09 Nov 2019 3:39 AM

Reliance Health barred from selling policies

Solvency ratio dips to 63% against norm of 150%.

08 Nov 2019 6:26 AM

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PMC Bank: Withdrawal limit raised to Rs 50,000

The RBI has also allowed PMC Bank account holders to withdraw money from the bank's own ATMs within the prescribed limit of Rs 50,000.

06 Nov 2019 1:25 AM

LIC plans to scrap many key schemes from December 1

LIC’s insurance agents are pushing the existing products hard, asking customers to buy them before they close on November 30.

04 Nov 2019 1:49 AM

LIC to withdraw many products from November 30

Among the retail products that would be closed are some of LIC’s best sellers such as Jeevan Anand, Jeevan Umang, Jeevan Lakshya and Jeevan Labh.

04 Nov 2019 1:03 AM

RBI rejigs internal setup to monitor banks better

The development follows the RBI’s central board decision to create separate supervisory and regulatory cadre.

02 Nov 2019 1:29 AM

Yes Bank gets Rs 8500 crore global investor offer

While the bank did not name the investor, according to reports, it was Hong Kong-based SPGP Holdings.

01 Nov 2019 1:56 AM

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Lenders court risky borrowers to push up retail loan growth

Growth in credit cards and personal loans significantly outpaced growth witnessed in auto loans, home loans and loans against property.

31 Oct 2019 12:53 AM

SBI surprises with robust Q2 earnings

Asset quality improved sequentially as well as year-on-year.

26 Oct 2019 1:25 AM

Axis Bank posts Rs 112-crore net loss

The bank’s operating profit grew 45 per cent YoY to Rs 5,952 crore from Rs 4,094 crore in Q2FY19.

23 Oct 2019 2:45 AM

Securitisation market to cross Rs 2L cr in FY20

A bigger boost, however, is expected from regulatory interventions, say analysts.

22 Oct 2019 1:31 AM

Flood & motor claims impact Q2 profit of ICICI Lombard

Crop insurance had constituted 17 per cent of the total business last year.

19 Oct 2019 2:12 AM

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