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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)

Bank stocks surge up to 7 pc ahead of capital infusion plan

NPAs of banks have increased from Rs 2.75 lakh crore in March 2015 to Rs 7.33 lakh crore as on June 2017.

24 Oct 2017 2:48 PM GMT

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Banking sector stares at additional Rs 40,000 crore NPAs

Total outstanding loan of these accounts at the end of June 2017 were about Rs 42,000 crore.

22 Oct 2017 7:02 AM GMT

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

India should prioritise public banking sector reforms: IMF

Current account deficit should remain modest, financed by robust foreign direct investment inflows.

13 Oct 2017 3:00 PM GMT

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

NCLT route cannot be used effectively in all NPA cases: SBI MD

Banking sector is saddled with non-performing assets (NPAs) of over Rs 8 lakh crore.

13 Oct 2017 11:00 AM GMT

Finance Minister Arun Jaitley (Photo: PTI)

Indian govt working on revival of banking sector: Jaitley

Finance Minister Arun Jaitley said that he inherited a banking system whose monies were lying in non-performing assets.

12 Oct 2017 7:20 AM GMT

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

India may delay implementation of Basel III norms: SBI report

Indian banking sector needs some time to assimilate the impact of past three structural changes before facing the new...

11 Oct 2017 9:36 AM GMT

Sanjeev Sanyal, principal economic adviser at the Finance Ministry.

Govt adviser says consolidation may lead to 10-15 state banks

The government may cut its stakes in state-run banks to 52 per cent.

6 Oct 2017 5:37 AM GMT

Indian Finance Minister Arun Jaitley speaks at a event organized by US-India Strategic Partnership Forum and FICCI in Boston (Photo: PTI)

Cabinet approves India's membership for EBRD

EBRD's core operations pertain to private sector development in their countries of operation.

22 Nov 2017 11:38 AM GMT

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

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 10:50 AM GMT

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)

A year on, bankers say note ban has been good for them

RBI in June said as much as 99.1 per cent of the junked bills had returned to the banking system.

6 Nov 2017 3:03 PM GMT

Indian banks on top of situation over NPA problem: SBI Chairman

Insolvency and Bankruptcy Code has come as a "very good tool" in the hands of the banks and the financial creditors.

29 Oct 2018 6:27 AM GMT

Ajay Tyagi who is a 1984 batch IAS officer assumed office of Sebi chair on March 1, 2017. (Photo: PTI).

NPA crisis in banking sector an opportunity for bond mkt development:...

Outstanding corporate bonds surged over 117 per cent, from Rs 12.6 trillion to Rs 27.4 trillion.

25 Oct 2018 12:56 PM GMT