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Viral Acharya. (Photo: YouTube screengrab)

Cleaning of banks' balance sheet top priority: Viral Acharya

Banks are saddled with non-performing assets (NPAs) of over Rs 7 lakh crore.

22 July 2017 4:37 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Banks to take Rs 2.4 trn haircut to resolve top 50 NPA

Haircuts have been classified into four categories marginal, moderate, aggressive and deep.

19 July 2017 4:17 PM IST

Sebi approved most of the recommendations submitted by N.R. Narayana Murthy-headed advisory committee on startup fundings.

Sebi asks banks to make additional disclosure on loans

Move will help banks to recognise their stressed assets as non-performing more uniformly.

18 July 2017 7:21 PM IST

The merger proposals in the banking sector would require a clearance from the Competition Commission of India, the ministry official said.

IBC: Banks to set aside Rs 18,000 cr in FY18, expect 25 per cent...

SBI had conceded that it will require more provisions but ruled out big impact on profits.

18 July 2017 2:31 PM IST

Finance minister ArunJaitley

Arun Jaitley chairs high-level meet on bank NPAs

As on Sept 30, 2016, gross NPAs of public sector banks rose to Rs 6.3 lakh crore.

9 March 2017 2:15 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Account Number Portability: Switch banks without changing account...

This will come as a relief for unhappy customers stuck with bank accounts they do not want to keep.

31 July 2017 5:27 PM IST

Representational image.

United Bank of India cuts lending rate by 0.90 pc

Bank said that rate for 1-year tenure has been reduced by 0.60 per cent to 8.8 per cent.

5 Jan 2017 11:38 AM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI asks banks to supply currency to rural areas

RBI issued circular to banks asking them to supply atleast 40 per cent of the bank notes.

3 Jan 2017 2:39 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Lower lending rates to cushion demonetisation

Banks have started lowering their lending rates as demonetisation has led to a surge in deposits.

2 Jan 2017 3:38 PM IST

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)

Banks ask customers to complete transactions today

IBA says banks will be closed for three days, tomorrow, on March 12 and for Holi on March 13.

10 March 2017 2:13 PM IST

Vijay Mallya (Photo: AFP)

Ready for one-time settlement with banks: Mallya

Now-defunct Kingfisher Airlines owes more than Rs 9,000 crore to various banks.

10 March 2017 12:46 PM IST

PAN card is impotant document issued by I-T department.

Banks can obtain PAN from a/c holders till June 30

Tax department says rule 114B lists various transactions for which quoting PAN is mandatory.

7 April 2017 2:57 PM IST