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The RBI move comes at a time when banks already battling near-record levels of soured loans are staring at an increase in stressed assets after a rule change announced in February.

Banks gross NPA may peak at around 11.5 pc this fiscal: Crisil

GNPAs increased to around Rs 10.3 lakh crore, or 11.2 per cent of advances compared with Rs 8 lakh crore.

5 Jun 2018 3:52 PM IST

Reserve Bank Governor Urjit Patel. (Photo: PTI)

NPA resolution: RBI chief calls for recapitalisation of banks

Gross NPA ratio of the banking system at 9.6 per cent and stressed advances ratio at 12 per cent as of March 2017.

19 Aug 2017 1:13 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI not liable if customer hands over money to stranger: panel

District forum had asked the bank to pay Rs 48,500 to the woman along with a litigation cost of Rs 5,000.

8 Aug 2017 5:25 PM IST

People stand in long queues outside a bank to exchange their old Rs 500 and Rs 1000 notes in Mumbai (Photo: PTI)

Leaves cancelled, bankers working on a war-footing

It was like a battlefield for all of us where managing the huge crowd became a daunting task for us.

26 Nov 2016 1:41 AM IST

ATMs remained out of service for the fourth day in a row and the operational ones ran out of cash within hours. (Photo: PTI)

Anger grows across India as banks struggle to swap banned notes for...

There were reports of skirmishes between people who had queued up to exchange or deposit their old and now defunct cash.

12 Nov 2016 8:51 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Banks set to see higher provisioning on new norms

The new accounting standard would be applicable world over from January 1, 2018.

14 May 2017 12:23 PM IST

Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

Banks wear deserted look on last day for exchanging notes

A bank customer claimed that despite shorter queues, a cash crunch persists.

31 Dec 2016 2:12 AM IST

Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

No mad rush in banks on last day of depositing old notes

Meanwhile, queues to withdraw cash also truncated as many ATMs continued to remain shut.

30 Dec 2016 7:22 PM IST

Image for representational purpose only

Shopian: Terrorists loot more than Rs 2 lakh from J&K bank

Several cases of bank loot have come to the fore in the state post the November 8 demonetisation drive.

16 Feb 2017 2:28 PM IST

The log files left behind are obvious that the bank was hacked. However, researchers need samples of the missing malware that were on the machines to analyse how the robbers pulled off the heist.

Hackers use 'disappearing malware,' steal $800,000 from ATMs

The only clue left behind was a note stating, Take my money, bitch.'

4 April 2017 12:34 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI restricts withdrawal from certain bank accounts, monthly limit...

The monthly limit for withdrawal and transfer from a small account is Rs 10,000.

15 Dec 2016 9:06 PM IST

An official of a private bank was on Monday sent to three-day custody of Enforcement Directorates by a Delhi court. (Photo: PTI/Representational)

Demonetisation: Court extends ED custody of Axis Bank official till...

The custody plea was opposed by the defence counsel on the ground that their custodial interrogation was not needed.

12 Dec 2016 6:15 PM IST