Saturday, Jan 22, 2022 | Last Update : 02:40 AM IST

banking sector Page-2

India's bond rally fizzles on government spending fears

Indian banks have been reluctant to fully pass on the benefit of the policy rate cuts to their borrowers.

14 Aug 2019 12:19 PM

Good money after bad? India's bank rescue plans keep on coming

Capital infusion has not been sufficient and a delay in addressing banking issues could prolong India’s economic recovery.

03 Aug 2019 1:18 PM

Finance Minister Sitharaman to meet CEOs of PSU banks on Friday

The country's largest bank, State Bank of India, has lending worth Rs 1.76 lakh crore classified as NPA till march 2019.

01 Aug 2019 10:18 AM

Banks bad loans down at Rs 9.34 lakh crore at FY19-end: Sitharaman

Govt has instituted a comprehensive 4R's strategy for recognition of non-performing assets (NPAs) transparently.

16 Jul 2019 4:08 PM

Budget 2019: Govt to provide credit guarantee to PSBs to buy NBFC assets

The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.

05 Jul 2019 3:06 PM

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A mess: Patel admits RBI was slow to take timely measures

Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.

04 Jul 2019 1:37 PM

Economic Survey 2018-19 highlights

India continues to remain the fastest-growing major economy in the world in 2018-19.

04 Jul 2019 1:30 PM

Economic Survey: Banking sector performance improved due to fall in bad loans in 2019

The performance of the banking system has improved as non-performing asset (NPA) ratios declined and credit growth accelerated.

04 Jul 2019 1:06 PM

Govt cuts interest rate on small savings schemes by 0.1 per cent

Interest rate for 5-year Senior Citizens Savings Scheme will now fetch a lower rate of interest at 8.6 pc from 8.7 pc.

29 Jun 2019 12:03 PM

RBI calls for greater surveillance on too-big-to-fail NBFCs

The systemic impact of HFCs' failures has significantly lessened as the state-run banks got better capitalised.

28 Jun 2019 9:36 AM

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Troubled mortgage lender DHFL again misses debt payments

DHFL only been able to make a 40 per cent payment on unsecured commercial papers due on Tuesday.

26 Jun 2019 8:52 AM

Amount involved in bank frauds of above Rs 1 lakh on decline

The amount involved in such frauds in 2017-18 and 2018-19 stood at Rs 9,866 crore and Rs 6,735 crore

25 Jun 2019 7:06 PM

Gross NPAs of banks may reduce to 8 per cent by March 2020: Report

NPA in the banking system had peaked at 11.5 per cent in March 2018 and then declined to 9.3 per cent in March 2019.

25 Jun 2019 4:00 PM

Number of wilful defaulters in nationalised banks up 60 pc to 8,582 in 5 years

Recovery of Rs 7,654 crore has been done from wilful defaulters' accounts during the last five financial years.

24 Jun 2019 7:18 PM

RBI to focus on governance reforms in banks, non-banking sector in coming months: Das

Bank Board Bureau and the Reserve Bank are engaged in developing an objective framework for performance evaluation of PSBs.

09 Jun 2019 8:28 AM

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RBI removes charges on RTGS/NEFT transactions; asks banks to pass on benefits

RBI has decided to set up a committee to review the charges levied on the use to ATMs.

06 Jun 2019 12:53 PM

RBI data on bank frauds on basis of reporting year, not occurrence date: FinMin

RBI in an RTI reply had disclosed that over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore were reported in 2018-19.

05 Jun 2019 9:27 AM

Shadow banks must appoint risk officers: RBI

Banks with more than 50 billion rupees (USD 714 million) in assets must appoint a chief risk officer.

17 May 2019 9:29 AM

India needs to bolster level of capitalisation of government-owned banks: IMF

The level of non-performing loans (NPLs) in India remains high.

11 Apr 2019 10:21 AM

RBI buys USD 5 billion through forex swap auction

The RBI said it received USD 16.31 billion in bids for the auction for which the cut-off was set at 776 paise.

27 Mar 2019 9:05 AM

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