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The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Banks lost nearly Rs 17,000 cr to frauds last fiscal: Finance Ministry

RBI has advised banks from time to time to enhance security arrangements at their branches and ATMS.

22 Dec 2017 4:39 PM IST

Defence Minister Arun Jaitley. (Photo: PTI)

Govt actively working towards bank consolidation: Jaitley

A top ministry official said there is no option but to resolve the NPAs as far as the sectoral source is concerned.

12 Jun 2017 3:09 PM IST

Representational Image.

Bank stocks dip up to 5 per cent amid selling pressure

The BSE bank index fell by 1.45 per cent to close at 26,234.14.

27 Jun 2017 6:50 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI asks banks to closely monitor loans to telecom sector

Telecom sector has a debt of about Rs 4.6 lakh crore even as it is faces pressure on revenues.

19 April 2017 9:26 AM IST

The annualised fresh NPA generation declined to 4.1 per cent during the third quarter of 2016-17.

Credit growth plunges to over 60 year low at 5 per cent in FY17

Icra has projected gross NPAs to increase to Rs 7.5-7.7 trillion or 9.7-10 per cent for March 2017.

16 April 2017 12:18 PM IST

Chanda Kochhar of ICICI Bank. (Photo: File)

Bankers lap up a 'balanced' Union Budget 2017

Chanda Kochhar of ICICI Bank said Arun Jaitley has tried to provide a growth impetus while maintaining fiscal prudence.

1 Feb 2017 7:35 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Massive NPA under-reporting: RBI says no ruels changed

Lenders started reporting divergences since this June for having under-reported NPAs in FY16.

6 Dec 2017 4:23 PM IST

The move will help Xiaomi meet about 95 per cent of its demand in India from these two facilities.

China's Xiaomi seeks bank pitches for 2018 IPO: sources

Xiaomi was valued at $46 billion in a 2014 funding round completed before its sales stagnated.

6 Dec 2017 1:14 PM IST

China's top two banks won't lend to Adani's Australian coal mine

Adani declined to comment on its financing plans on Monday or the statements from the Chinese banks.

4 Dec 2017 12:12 PM IST

Using earned money of depositors to bail out a bank amounts to gross interference by the government.

Bail-in will keep people away from banks

The proposed law will directly impact savings in the country and people will adopt old methods of saving their money in...

3 Dec 2017 2:32 AM 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)

NPCI expects banks would join BHIM by Feb-end

BHIM enables simple, easy and quick payment transactions using Unified Payments Interface.

7 Feb 2017 6:01 PM IST

Finance Minister Arun Jaitley at Parliament to present the Union Budget 2017-18 in the Lok Sabha, in New Delhi. (Photo: PTI)

Rs 12.4 lakh cr exchanged, deposited till Dec 10: Jaitley

Apart from that govt detected undisclosed income worth Rs 5,400 crore as on January 10.

7 Feb 2017 4:53 PM IST