RBI has stopped banks from issuing LoUs and Letters of Comfort for trade finance for imports into the country.
15 Mar 2018 3:54 PM
Industry experts believe that the higher non performing assets (NPA) coupled with several instances of loan frauds.
03 Mar 2018 2:43 AM
SBI raised its one year MCLR (marginal cost of fund-based lending rate) by 20 basis points to 8.15 per cent.
02 Mar 2018 11:12 AM
RBI has not conducted any audit at PNB's Brady House branch in Mumbai.
01 Mar 2018 1:12 PM
Stock on Wednesday fell to an intra-day low of Rs 92, down 6.45 per cent over its previous closing price on BSE.
28 Feb 2018 10:56 AM
However, he believes that the recent steep correction in the bank stocks have given a very good opportunity for long-term investors.
28 Feb 2018 12:27 AM
Shares of the company opened weak at Rs 107.80, then cracked 8.75 per cent to a 52-week low of Rs 102.10 on the BSE.
27 Feb 2018 10:28 AM
According to experts, FPIs have created bearish bets in the futures markets suggesting that the underlying sentiments still remains subdued.
26 Feb 2018 6:23 AM
Fitch Ratings has placed PNB's Viability Rating of 'bb' on Rating Watch Negative, following the large fraud reported by the bank.
20 Feb 2018 11:21 AM
Kothari took letters of credit worth Rs 3,000cr to make use of interest rate differential in foreign countries.
20 Feb 2018 1:22 AM
During a conference call with investors, he said that the bank had more than sufficient capital as mandate by regulations.
17 Feb 2018 1:29 AM
Sebi and stock exchanges have begun analysing the stock market trade details of all entities associated with Modi.
16 Feb 2018 3:28 PM
The broader market also cheered the news as the BSE Sensex jumped 331.72 points to trade at 33,438.54.
17 Nov 2017 12:17 PM
Also, Andhra Bank was quoting 14.96 per cent higher, Allahabad Bank 12.70 per cent and Syndicate Bank 12.11 per cent.
25 Oct 2017 12:09 PM
The revised charges will be effective from October 1, 2017, the bank said in a notice.
10 Sep 2017 4:33 PM
The Reserve Bank earlier in June had asked banks to finalise a resolution plan within six month to resolve bad loans.
08 Aug 2017 8:44 PM
The bank has widespread network of around 7,000 branches.
27 Jul 2017 10:14 AM
This bitter truth was disclosed in an RTI response by the Reserve Bank and 19 PSU banks.
26 Jun 2017 3:31 AM
India Post Payments Bank is the third entity to receive payments bank permit after Airtel and mobile wallet Paytm.
04 Feb 2017 10:45 AM
Experts hint smaller PSU banks will struggle to raise the additional capital following recent deposits.
14 Nov 2016 1:16 AM