Monday, May 23, 2022 | Last Update : 03:01 PM IST

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IDBI Bank discloses fraud of USD 119 million, shares fall

IDBI Bank fraudulent loans of 7.72 billion rupees were issued from 5 of its branches in Andhra Pradesh and Telangana.

28 Mar 2018 1:29 PM

Passport details must for loans of Rs 50 crore and above: Govt

Passport details will help banks to take timely action and inform relevant authorities to prevent fraudsters from fleeing country.

10 Mar 2018 12:29 PM

RBI gets tough on MNC banks, asks them to create sub-targets to meet PSL norms

All bank loans to MSMEs will now qualify under PSL without any credit cap.

05 Mar 2018 11:52 AM

ADB to give USD 84 million loan for water projects in Bihar

Investment programme will assist ULBs in designing affordable tariffs for operations and maintenance cost recovery.

23 Feb 2018 1:27 PM

ONGC borrows Rs 4,000 crore from ICICI Bank

Company's board has approved raising of the borrowing limit from Rs 25,000 crores to Rs 35,000 crores.

25 Jan 2018 10:33 AM

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SBI expects loan demand to rise with government spending

Next tranche of capital allocation will be strictly based on performance of banks against reform measures suggested by govt.

25 Jan 2018 10:05 AM

Survey reveals one fourth of millennials are stressed out every day

While only 31 per cent revealed that they felt mentally stimulated every day, while 46 per cent felt stressed under three times a week.

20 Jan 2018 7:19 PM

Air India ties up with three banks for loans for 3 B777 planes

Delivery of 3 B777-300 ER planes is scheduled to be completed next month - two in January and one in February.

05 Jan 2018 9:49 AM

Finance Ministry asks PSBs to consider selling, swapping loan assets

Swapping and selling assets will help banks to focus on their core competencies and trim their burden.

01 Jan 2018 2:33 PM

Mistakes to avoid while applying for a Gold Loan

While gold loans are easily accessible, customers need to tread with caution.

26 Dec 2017 2:14 PM

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Adani says will 'adjust to constraints' after Australia coal loan veto

Federal loan would have amounted to only a fraction of the overall cost of constructing the mine.

12 Dec 2017 5:34 PM

ADB approves USD 583 mn loan facility to Reliance Power's project

ADB's support will help Reliance Power Ltd to develop an initial approximately 750 MW of gross power generation.

05 Dec 2017 2:48 PM

Steel companies have to sustain by being competitive: Birender Singh

Six guiding principles contained in progress report lay foundation for taking tangible policy actions to reduce excess steel capacity.

02 Dec 2017 6:02 PM

Adani hopes for govt coal mine loan fade after Australian election

Adani is also seeking A$2 billion in outside financing to construct the first stage of the mine.

27 Nov 2017 10:13 AM

Yes Bank raises USD 400 million loans from Japan, Taiwan

Bank scrip was trading 0.94 per cent up at Rs 316.15 a piece on BSE at 1343 hrs, as against 0.66 per cent.

21 Nov 2017 2:10 PM

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Indian corporates find saviour in bonds as loans dry up

Banks are grappling with $145 billion in stressed loans and are leery of extending more credit to the corporate sector.

16 Nov 2017 4:20 PM

Air India scouts for $535 mn loan to buy 3 Boeing planes

Disinvestment-bound carrier has reduced the required loan amount by around USD 20 million.

05 Nov 2017 4:00 PM

Yes Bank shares tank nearly 10 per cent after Q2 earnings

Gross non- performing assets grew to Rs 2,720.34 crore during the second quarter of 2017-18.

27 Oct 2017 1:37 PM

Axis Bank laggard, non-prudent in recognising NPAs: Moody's

Axis Bank which is rated Baa3 with a stable outlook by Moodys, reported a 24 per cent increase in NPAs.

26 Oct 2017 3:43 PM

HDFC Bank asked to classify recast loan as NPA by RBI

Banks overall gross non-performing assets ratio had been broadly stable at 1.26 per cent.

26 Oct 2017 9:40 AM

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