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State banks reported 5,743 cases of fraud in the period, most of which had taken place over the last several years.

India's state-run banks report fraud of more than USD 13 bn in 6...

Bankers have blamed lax regulations and said some bank officials were working in league with fraudsters.

20 Nov 2019 9:20 AM IST

NABARD chairman Harsh Kumar Bhanwala said that cooperative and regional rural banks have also been asked to submitted information about deposits on every 15 days. (Photo: ANI)

NABARD seeks credit disbursal from banks on monthly basis

Speaking on the bank's Non-Performing Assets, the NABARD chief said that the bank's NPA has reduced last year.

13 Nov 2019 12:59 PM IST

And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

India's bad debt pile eased by write-offs, underlying problem far from...

As of June 30, total stressed assets on the books of Indian banks were at 9768.47 bn rupees down from 10,672.29 bn...

8 Nov 2019 3:50 PM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

RBI sees corporate governance 'fault lines' at some lenders

Indian banks have shifted towards the retail market in recent years in response to a rise in soured corporate loans.

25 Dec 2019 10:49 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

12 trends to change global banking this year

Infosys Finacle study based on feedback from 100 countries says technology and business outcomes will be more tightly...

30 Jan 2019 10:17 AM IST

Finance Minister Arun Jaitley clarified confusions posed due to allegations on the Rafale aircraft deal saying the government has maintained complete transparency in the matter and the negotiations have helped bring down the costs of the fighter jets. (Photo: ANI)

You don't get away by not paying back to banks: Jaitley

Reforms in the banking sector are necessary to make public sector banks compete with private banks, says FM

28 Feb 2019 5:38 PM IST

Niti Aayogs new Vice-Chairman Rajiv Kumar.(Photo: PTI)

Banking sector on way to recovery: Niti Aayog

The banking sector remains fragmented which makes the cost of capital quite high, says Niti Aayog Vice Chairman.

22 Feb 2019 2:57 PM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Liquidity constraints continue in the market despite bank recoveries:...

At the same time, over 90 per cent of respondents said infrastructure continues to remain a key sector with high NPAs.

18 Feb 2019 11:48 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Q3: Bad loan situation stabilising for banks

On the profitability front, too, the state-owned lenders lagged behind.

13 Feb 2019 3:12 AM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Other banks to be out of PCA framework soon: Piyush Goyal

The RBI on Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs).

2 Feb 2019 10:28 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

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 March 2019 9:05 AM IST

PNB scam exposes gaps in Indian banking sector

Rs 14,000 crore, fraud nearly brought India's second biggest state-run bank on its knees.

22 March 2019 1:06 PM IST