Centre to guarantee Rs 30,000 crore purchase of NPAs by bad bank
17 Sep 2021 7:58 AM
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
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
The trade unions have claimed around 25 crore people are participating in the strike .
08 Jan 2020 11:27 AM
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
The centre has infused Rs 2 lakh crore as capital into various banks during the past three years.
29 Nov 2019 3:27 PM
Bankers have blamed lax regulations and said some bank officials were working in league with fraudsters.
20 Nov 2019 9:20 AM
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
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
The decision has been take in consultation with the RBI, the Sebi said in a circular.
31 Oct 2019 5:43 PM
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
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
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
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 increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.
13 Sep 2019 9:01 AM
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
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
The move will also lead to cheaper working capital loans for industry.
24 Aug 2019 12:48 PM
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
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