Thursday, Dec 09, 2021 | Last Update : 12:57 PM IST

banking sector

Bad bank to get Centre’s boost

Centre to guarantee Rs 30,000 crore purchase of NPAs by bad bank

17 Sep 2021 7:58 AM

NBFCs witness 15-20 per cent improvement in retail lending in last 2 months

Most of the NBFCs are waiting for trends in collections in September given the end of the moratorium and the Kamath committee recommendation

10 Sep 2020 10:50 AM

Bank employee unions demand 5-day working week, says COVID threat is haunting bankers

The Indian Banks' Association in January rejected the proposal for a five-day working week but offered a 19 percent pay hike to employees

20 Jul 2020 9:57 AM

Banking services impacted due to nationwide trade union strike

The trade unions have claimed around 25 crore people are participating in the strike .

08 Jan 2020 11:27 AM

RBI sees corporate governance 'fault lines' at some lenders

Indian banks have shifted towards the retail market in recent years in response to a rise in soured corporate loans.

25 Dec 2019 10:49 AM

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Not through bonds, only cash, says Rangarajan on banks recapitalisation

The centre has infused Rs 2 lakh crore as capital into various banks during the past three years.

29 Nov 2019 3:27 PM

India's state-run banks report fraud of more than USD 13 bn in 6 months

Bankers have blamed lax regulations and said some bank officials were working in league with fraudsters.

20 Nov 2019 9:20 AM

NABARD seeks credit disbursal from banks on monthly basis

Speaking on the bank's Non-Performing Assets, the NABARD chief said that the bank's NPA has reduced last year.

13 Nov 2019 12:59 PM

India's bad debt pile eased by write-offs, underlying problem far from resolved

As of June 30, total stressed assets on the books of Indian banks were at 9768.47 bn rupees down from 10,672.29 bn rupees.

08 Nov 2019 3:50 PM

Sebi tightens norms for listed banks on bad loan disclosures

The decision has been take in consultation with the RBI, the Sebi said in a circular.

31 Oct 2019 5:43 PM

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Some 300,000 employees of Indian state-led banks strike against mergers

Government may call it a merger but in reality it is cold-blooded murder of six banks,” a release by the bank unions said.

23 Oct 2019 9:05 AM

Banking services affected partially due to strike call by two unions

Public sectors bank branches in urban areas of the country are, however, operational as officers these banks are not part of strike.

22 Oct 2019 11:26 AM

Over Rs 81,700 cr disbursed by banks during 9-day loan mela: FinMin

FM said that banks have been asked to provide bill discounting facility to the MSME sector against payments due from the large corporates.

14 Oct 2019 2:45 PM

RBI proposes Rs 200 cr minimum capital for small banks

The foreign shareholding in the small finance bank would be as per the extant FDI policy for private sector banks.

14 Sep 2019 12:07 PM

RBI increases banks' loan exposure limit to single NBFC

RBI increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.

13 Sep 2019 9:01 AM

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PSB stocks plunge up to 9.3 per cent post merger announcement

Shares of Corporation Bank tanked 9.28 per cent to Rs 17.10, Punjab National Bank plunged 8.54 per cent to Rs 59.40.

03 Sep 2019 1:11 PM

Govt to infuse Rs 55,250 cr for strengthening banks, push lending

Bank of Baroda will get Rs 7,000 crore, Indian Overseas Bank Rs 3,800 crore and Central Bank of India Rs 3,300 crore.

31 Aug 2019 12:34 PM

Home, auto, other retail loans to become cheaper: Sitharaman

The move will also lead to cheaper working capital loans for industry.

24 Aug 2019 12:48 PM

Govt announces raft of measures to boost economy; more steps on anvil

The government has set fiscal deficit target of 3.3 per cent of the GDP for the current fiscal.

24 Aug 2019 12:03 PM

FinMin asks PSBs to seek ideas from branches to streamline banking sector

The campaign comes at a time when the economy is facing headwind and it has slowed to a 5-year low of 6.8 per cent.

17 Aug 2019 11:15 AM

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