Home » banking sector.

You Searched For "banking sector"

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)

Budget 2019: Govt to provide credit guarantee to PSBs to buy NBFC...

The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.

5 July 2019 3:06 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

A mess: Patel admits RBI was slow to take timely measures

Patel said an asset quality review for the NBFCs is inevitable' given their interconnectedness in financial system.

4 July 2019 1:37 PM IST

Additionally, the hasty implementation of GST has again hit the economy hard, resulting in a serious economic slowdown.

Economic Survey 2018-19 highlights

India continues to remain the fastest-growing major economy in the world in 2018-19.

4 July 2019 1:30 PM 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)

Economic Survey: Banking sector performance improved due to fall in...

The performance of the banking system has improved as non-performing asset (NPA) ratios declined and credit growth...

4 July 2019 1:06 PM IST

Currency experts have a bullish outlook for the rupee this week.

Govt to infuse Rs 55,250 cr for strengthening banks, push lending

Bank of Baroda will get Rs 7,000 crore, Indian Overseas Bank Rs 3,800 crore and Central Bank of India Rs 3,300 crore.

31 Aug 2019 12:34 PM IST

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

Home, auto, other retail loans to become cheaper: Sitharaman

The move will also lead to cheaper working capital loans for industry.

24 Aug 2019 12:48 PM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

Govt announces raft of measures to boost economy; more steps on anvil

The government has set fiscal deficit target of 3.3 per cent of the GDP for the current fiscal.

24 Aug 2019 12:03 PM IST

Finance Ministry

FinMin asks PSBs to seek ideas from branches to streamline banking...

The campaign comes at a time when the economy is facing headwind and it has slowed to a 5-year low of 6.8 per cent.

17 Aug 2019 11:15 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India's bond rally fizzles on government spending fears

Indian banks have been reluctant to fully pass on the benefit of the policy rate cuts to their borrowers.

14 Aug 2019 12:19 PM 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)

Good money after bad? India's bank rescue plans keep on coming

Capital infusion has not been sufficient and a delay in addressing banking issues could prolong India's economic...

3 Aug 2019 1:18 PM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)

Finance Minister Sitharaman to meet CEOs of PSU banks on Friday

The country's largest bank, State Bank of India, has lending worth Rs 1.76 lakh crore classified as NPA till march 2019.

1 Aug 2019 10:18 AM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI proposes Rs 200 cr minimum capital for small banks

The foreign shareholding in the small finance bank would be as per the extant FDI policy for private sector banks.

14 Sept 2019 12:07 PM IST