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The capital infusion of public sector banks is a \big bang reform\ that will support credit growth and job creation, says SBI research report. (Photo: PTI)Business
Banks need to handhold MSMEs to push job creation: Rajiv Kumar

Govt's decision to provide Rs 2.11 lakh cr capital support through various means will support industries and MSMEs.

26 Oct 2017 10:35 AM

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)Business
Recapitalisation plan positive for banks' ratings: Fitch

Govt recently announced to infuse Rs 2.1 trillion in state-run lenders over a two-year period.

26 Oct 2017 5:43 AM

DCB Bank has revised downward its MCLR across tenors with overnight loans attracting 8.35 per cent interest rates. (Representational Image)Business
Banks need to set aside Rs 3.3 tn as NPA provisioning in FY18

Banks would need to step up on provisioning, mainly for large corporate NPAs.

12 Oct 2017 11:13 AM

Ordinance aims at putting in place safeguards to prevent unscrupulous persons from misusing or vitiating the provisions of IBC.Business
New IBC provisions to deepen losses for banks: report

Amendments to insolvency law need to be approved by Parliament in its next session beginning Dec 15.

24 Nov 2017 10:34 AM

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)Business
Bank stocks surge up to 6 pc as Moody's ups India rating

The broader market also cheered the news as the BSE Sensex jumped 331.72 points to trade at 33,438.54.

17 Nov 2017 6:47 AM

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTIBusiness
Domestic banks' overseas presence up marginally in FY17: RBI

Domestic banks' branches operating abroad saw rise in fee income to Rs 9,400 cr in 2016-17 from Rs 8,680 cr.

2 Nov 2017 3:05 AM

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.Business
Loan default: Listed companies get a breather from Sebi

Sebi had asked listed entities to inform exchanges in case it defaulted on payment of interest.

30 Sept 2017 6:18 AM

As per estimates, only 5 per cent Indians use digital payment modes.Business
Card payments push may land banks with a Rs 3800 cr annual hole

Net revenue gain per annum from ON-US transactions at PoS would be around Rs 900 crore only.

28 Sept 2017 12:57 PM

A file photo of women queuing up to apply for the Aadhaar card in Merta town of Rajasthan.Business
1,000 bank branches open Aadhaar updation centres on premises

UIDAI gave banks one more month to open Aadhaar enrolment centres in a stipulated 10 per cent of branches.

21 Sept 2017 5:02 AM

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)Business
Fitch has negative outlook on banks, raises capital concerns

Banks will need USD 65 billion in additional capital to meet Basel III requirements by March 2019.

14 Sept 2017 12:34 PM

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.Business
NPAs to touch 10.5 per cent by March as banks recognise entire stress

The 9.5 per cent NPA figure for March 2017 includes only two-thirds of the overall stressed assets.

14 Sept 2017 9:41 AM

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)Business
Banks face $65 bn capital shortage to meet Basel III norms: Fitch

Weak capital positions have a major negative influence on Indian banks' Viability Ratings.

12 Sept 2017 9:22 AM

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