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The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Competition for deposits to rise

The PCA framework had restricted public sector banks to lend and thereby led to a lower focus from them on deposit...

12 March 2019 1:59 AM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Essar: NCLT clears ArcelorMittal's bid

Clearing ArcelorMittal's bid, NCLT said that it cannot impose judicial view over banks' wisdom.

9 March 2019 1:06 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee closes at highest level in two months

The dollar index, which gauges the greenback's strength against a basket of six currencies, slipped 0.02 per cent to...

8 March 2019 12:35 AM IST

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

Bank recap may not mean faster loan growth

The agency noted that the authorities' approach to the banking sector has clearly shifted towards spurring lending in...

28 Feb 2019 12:32 AM IST

Allahabad, Corp Bank, Dhanlaxmi out of PCA

BoI, BoM & OBC were taken out of framework.

27 Feb 2019 3:08 AM IST

Section 18 of the RERA Act allows homebuyers to claim interest if possession of their flats is delayed. (Representational image)

Despite RERA, title cover has no takers

Insurers blame the delay in notifying the rules under the Act by respective state governments for the slow offtake of...

27 Feb 2019 1:52 AM IST

Currency experts have a bullish outlook for the rupee this week.

Rupee outlook looks up on thaw in trade war

At the interbank foreign exchange market, the rupee opened on a positive note at 71.03 against the US dollar.

26 Feb 2019 4:58 AM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

Banks unwilling to reduce loan rate despite RBI's call

The RBI cut the repo rate by 25 basis points to 6.25 per cent in its monetary policy review earlier this month.

22 Feb 2019 1:48 AM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

12 PSU banks receive Rs 48,239 crore from government

Rs 4,638 crore and Rs 205 crore will be provided to Bank of India and Bank of Maharashtra.

21 Feb 2019 1:47 AM IST

Health insurance is not just another tax-saving header. It is a necessity. If you are without a health cover today, you are taking a risk. A sudden hospitalisation can be potentially worth lakhs of rupees.

Standard health cover for individuals on cards

This mandatory standard product can also be offered on family a floater basis.

20 Feb 2019 2:34 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI board okays Rs 28,000 interim dividend to govt

With this, RBI's total dividend payout to the government for FY19 stands at Rs 68,000 crore.

19 Feb 2019 1:42 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Q3: Bad loan situation stabilising for banks

On the profitability front, too, the state-owned lenders lagged behind.

13 Feb 2019 3:12 AM IST