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The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI says ready to inject more cash into banks by March-end

RBI will also allow standalone primary dealers to avail term repo auctions on March 28.

15 Feb 2018 4:46 PM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI sets 180-day timeline for banks to settle bad loans

In 2017, the RBI ordered banks to force roughly 40 of the biggest corporate loan defaulters into bankruptcy proceedings.

13 Feb 2018 8:27 AM IST

Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley on Saturday said the sector would lead the current consolidation phase of the economy. (Photo: PTI)

Jaitley launches CriSidEx, India's 1st sentiment index to help MSEs

Banks are really ready to support the MSME sector and they being major employment generator.

3 Feb 2018 4:01 PM IST

Public sector banks (PSBs) wrote off Rs 2.41 lakh crore worth of loans between April 2014 and September 2017, the Rajya Sabha was informed on Tuesday.

Bankers clear Ebix resolution plan for Educomp

Changes in the IBC were aimed at giving companies a chance to revive, bring in fresh capital into the country.

25 April 2018 11:51 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

NPA maze: Govt for scrapping of one-day default norm

Govt as well as banks feel one-day delay norm could harm businesses and lead to making loans below Rs 2,000 cr.

16 April 2018 8:53 AM IST

Rural banking has been a great hurdle race ever since the government nationalised major commercial banks and mandated them to focus their thrust on villages.

The major challenges for rural banking

This is however not to obscure the cutting-edge role the public banks have played in financial inclusion.

2 April 2018 12:23 AM IST

Twenty-one banks, majority owned by New Delhi, account for more than two-thirds of the banking assets in Asias third-biggest economy.

Over 20 Indian banks sign pact for faster bad-loan resolution

Top lender State Bank of India was among banks which signed the agreement.

24 July 2018 9:10 AM IST

The industrial sector contributed over 15 per cent to the NPAs followed by agriculture and services in the region of six per cent and retail loans which were the lowest at 2.3 per cent.

Banks fear Mudra loans sans collateral may become NPAs

The government has already disbursed around Rs 5,54,703 till date to almost 12 crore consumers.

12 July 2018 9:03 AM IST

SBI MD Arijit Basu.(Photo: SBI)

Banks working closely with UK authorities to recover dues from Mallya:...

SBI is the leader of consortium of 13 banks that lent money to Mallya's now defunct Kingfisher Airlines.

6 July 2018 1:08 PM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Banks finalise inter-creditor agreement to resolve NPAs

Inter-creditor agreement will be a legal document and enforceable in any court of law.

6 July 2018 10:38 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

India bankers panel suggests steps to tackle bad loans

The bad loans problem, driven largely by infrastructure sectors including power.

3 July 2018 9:16 AM 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.

Banks' payments revenues to dent by USD 9 billion by 2025: report

Banks may not be able to garner all the goods for themselves, as the non-bank players become more active in the segment.

31 Oct 2019 5:21 PM IST