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Reserve Bank of India (RBI)

RBI increases banks' loan exposure limit to single NBFC

RBI increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.

13 Sept 2019 9:01 AM IST

Analysts hold a positive view on banks that are getting out of the corporate NPL cycle as compared to banks that focused more on the retail cycle in the past few years.

PSB stocks plunge up to 9.3 per cent post merger announcement

Shares of Corporation Bank tanked 9.28 per cent to Rs 17.10, Punjab National Bank plunged 8.54 per cent to Rs 59.40.

3 Sept 2019 1:11 PM IST

In India, banks will face the maximum pressure on income from card transactions and fees, with free payments putting 8.4 per cent of the payments revenue at risk.

Banking services impacted due to nationwide trade union strike

The trade unions have claimed around 25 crore people are participating in the strike .

8 Jan 2020 11:27 AM IST

Bank employee unions presses again for 5-day working week. (PTI Photo)

Bank employee unions demand 5-day working week, says COVID threat is...

The Indian Banks' Association in January rejected the proposal for a five-day working week but offered a 19 percent pay...

20 July 2020 9:57 AM IST

Rupee coin. (DECCAN CHRONICLE PHOTO)

NBFCs witness 15-20 per cent improvement in retail lending in last 2...

Most of the NBFCs are waiting for trends in collections in September given the end of the moratorium and the Kamath...

10 Sept 2020 10:50 AM IST

Union Finance Minister Nirmala Sitharaman speaks during a press conference at NMC in New Delhi, Thursday, Sept. 16, 2021. (PTI /Manvender Vashist)

Bad bank to get Centre's boost

Centre to guarantee Rs 30,000 crore purchase of NPAs by bad bank

17 Sept 2021 7:58 AM IST

Manish Patel admitted to presenting a forged Indian passport to Border Patrol agents. (Photo: Representational/PTI)

Passport details must for loans of Rs 50 crore and above: Govt

Passport details will help banks to take timely action and inform relevant authorities to prevent fraudsters from...

10 March 2018 12:29 PM IST

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

Banks' gross NPAs at Rs 8.41 lakh crore in December

The highest amount of gross NPAs was for country's largest lender SBI at Rs 2,01,560 crore.

10 March 2018 11:56 AM IST

Shaktikanta Das

Banking sector on -"course to recovery-" as NPAs recede: RBI

According to the FSR, gross NPAs ratio declined to 10.8 per cent in September 2018 from 11.5 per cent in March 2018.

31 Dec 2018 6:02 PM IST

Former RBI governor Raghuram Rajan. (Photo: PTI)

Privatisation of PSBs not panacea; need to cut govt mandates for PSBs:...

Banking system is overburdened with non-performing loans and there is a need to adequately professionalise boards of...

14 Dec 2018 5:07 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Piyush Goyal vows to clean up banking sector

Goyal was earlier this week given temporary charge of the finance ministry until Arun Jaitley recovers.

17 May 2018 2:03 PM IST

Standard & Poors is an American financial services company. (Photo: File)

Banking sector could witness turnaround in FY20: S&P

Demonetisation and GST implementation hurdles and continuing global recovery provide the stimuli to the country's trade...

21 March 2018 5:29 PM IST