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Punjab National Bank records profits in Q4

The bank reported a net profit of Rs 261.9 crore for the three months to March 2017.

16 May 2017 2:28 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 set to see higher provisioning on new norms

The new accounting standard would be applicable world over from January 1, 2018.

14 May 2017 12:23 PM IST

HDFC Bank Q1 profit rises 20 pc to Rs 3,893 crore

Total income rose to Rs 22,185.38 crore during the quarter under review, up 14.81 per cent against Rs 19,322.63 crore.

24 July 2017 1:12 PM IST

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

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.

Indian Bank Q1 profit rises 21 per cent to Rs 372 crore

Chennai-based bank had standalone net profit of Rs 307.35 crore in April-June quarter of 2016-17.

21 July 2017 1:03 PM IST

Shares of the bank closed 0.32 per cent up at Rs 539.65 on BSE.

RBL Bank Q1 Net up 45 pc to Rs 141 cr on interest income

Total revenue for the June quarter of 2017-18 increased by 26 per cent to Rs 1,299.70 crore.

20 July 2017 5:13 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

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.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 not reviewing 90-day NPA classification window: Govt

Gross of NPAs of the public sector banks totalled more than Rs 6.41 lakh crore at March end.

18 July 2017 4:36 PM IST

Bank of Maharashtras former Pune zonal head violated norms while sanctioning loans to the company.

BoM Q1 net loss widens to Rs 412 crore as NPAs soar

Total income of the bank fell to Rs 3,209.84 crore in the three months to June of 2017-18.

31 July 2017 7:48 PM IST

ICICI Banks USD 7.5 billion global medium-term notes programme.

ICICI Bank shares dip 3 per cent after Q1 results

Bank's net profit in the corresponding April-June quarter of 2016-17 stood at Rs 2,515.85 crore.

28 July 2017 12:22 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.

RBI to unveil framework on NPAs ordinance in 15 days

Framework would include creation of a separate cell to identify issues pertaining to NPAs.

22 May 2017 3:28 PM IST

Finance Minister Arun Jaitley at a press conference after cabinet meeting in New Delhi. (Photo: PTI)

Jaitley to review NPAs issue with banks on June 12

Non-performing assets (NPAs) of public sector banks (PSBs) have gone past the Rs 6 lakh crore mark.

26 May 2017 6:24 PM IST