FALAKNAAZ SYED, asian Page 9

Home » FALAKNAAZ SYED

About the AuthorFALAKNAAZ SYED

In India, banks will face the maximum pressure on income from card transactions and fees, with free payments putting 8.4 per cent of the payments revenue at risk.

Banks cut MCLR rates after RBI nudges on transmission

Bank of Baroda's one-year MCLR will be 8.25 per cent, 5 basis points (bps) below the exsisting level, effective December...

11 Dec 2019 1:41 AM IST

The countrys largest lender, State Bank of India (SBI), on Tuesday disclosed that the central banks inspection has found that it had under-reported bad loans by Rs 11,932 crore in 2018-19.

SBI under-reported close to Rs 12,000 crore bad loans

The bank had provided Rs 1.06 lakh crore for the bad loans but the provisions for the NPAs as assessed by the RBI was Rs...

11 Dec 2019 1:31 AM IST

Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.

Securitisation shores up retail loan growth figures

Consequently, the retail securitisation volume doubled last fiscal, and has soared 39 per cent in the first half.

11 Dec 2019 1:28 AM IST

The Reserve Bank of India (RBI) on Wednesday superseded the board of debt-laden Dewan Housing Finance Corporation Limited (DHFL) owing to governance concerns and defaults in meeting various payment obligations by the mortgage lender.

Write off DHFL exposure

If DHFL goes under liquidation, it will be sold and someone else will take over. Insurance companies are also part of...

7 Dec 2019 1:36 AM IST

In India, banks will face the maximum pressure on income from card transactions and fees, with free payments putting 8.4 per cent of the payments revenue at risk.

PSBs may get nod to hold over 10 per cent in two insurers

An entity holding over 10 per cent in an insurance company is categorised as a promoter while one holding below that...

7 Dec 2019 1:32 AM IST

Shaktikanta Das

RBI pegs GDP down to 5 per cent, no rate cut

The policy repo rate since February was cut in every policy, cumulatively easing by 1.35 per cent or by 135 basis points...

6 Dec 2019 3:22 AM IST

Finance minister Nirmala Sitharaman

PSBs told to outline insurance JVs' future

UBI has to cut stake in one of the 2 JVsStar Union Daiichi and IndiaFirst.

3 Dec 2019 1:41 AM IST

The Reserve Bank of India (RBI) on Wednesday superseded the board of debt-laden Dewan Housing Finance Corporation Limited (DHFL) owing to governance concerns and defaults in meeting various payment obligations by the mortgage lender.

RBI takes DHFL to NCLT

DHFL was scheduled to announce its financial results on November 25.

30 Nov 2019 1:42 AM IST

HDFC panel to find Puri's successor

Puri will act as an advisor to the search committee, the private lender said in a statement.

29 Nov 2019 2:41 AM IST

High pricing may have also impacted first day investors response post listing for these two IPOs said analysts.

CSB Bank IPO: Analysts say give it a miss

The Bank is going for the IPO mainly to meet the Reserve Bank of India's requirement of listing the bank.

22 Nov 2019 2:25 AM IST

The Reserve Bank of India (RBI) on Wednesday superseded the board of debt-laden Dewan Housing Finance Corporation Limited (DHFL) owing to governance concerns and defaults in meeting various payment obligations by the mortgage lender.

RBI supersedes DHFL board

The central bank also said it would shortly initiate the process of resolution of the company under the insolvency and...

21 Nov 2019 1:21 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

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 IST