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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 move on insolvency proceedings credit positive: Moody's

RBI has also asked banks to also review other NPAs and finalise a resolution plan over the next six months.

19 Jun 2017 6:45 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.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 initiates PCA against BoM as NPA mounts

For the year ended March 2017, the net non-performing assets (NPAs) of the bank rose to 11.76 per cent.

17 Jun 2017 6:51 PM IST

Of them, 14 banks registered net loss in their books for 2015-16, while the remaining logged profits.

'PSBs posted Rs 17,993 cr loss in FY16'

Govt has revised performance indicators for banks which are basically built on improving efficiency and capital...

2 Dec 2016 4:34 PM IST