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IT officials raid an Axis Bank branch in Noida on Thursday. (Photo: PTI)

Axis Bank's Q3 net profit up 25 per cent at Rs 726 crore

Axis Bank's scrip was trading at Rs 618.45 a share on BSE, up 4.78 per cent.

22 Jan 2018 3:34 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

NPAs to rise to Rs 9.5 lakh crore by March-end: report

Growth of ARCs is expected to come down significantly owing to capital constraints.

22 Jan 2018 3:27 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

Financial bids for all 12 large NPA accounts by month-end: SBI

SBI is the lead banker in 6 out of 12 large NPAs with total outstanding loan of Rs 1.75 lakh crore.

10 Jan 2018 5:46 PM IST

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)

Higher NPA provisioning to impact banks in 2018/19: Moody's

Govt in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks.

4 Jan 2018 2:23 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 puts Allahabad Bank under prompt corrective action

Central bank has so far ordered corrective action for about 10 lenders, mostly due to their high bad loan ratios.

4 Jan 2018 11:14 AM IST

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

RBI's new NPA norms may undermine bank earnings: Fitch

The new framework's overall focus is on recognising and quickly resolving bad loans.

22 Feb 2018 3:27 PM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

New rules to boost NPAs

According to data compiled by ICRA for around 50 large borrowers having banking exposure of Rs 2,000 crore or more and...

14 Feb 2018 1:11 AM IST

Shiv Sena and MNS have always stressed on the of use Marathi as a official language in all central government offices, nationalised banks, railways, airport, etc.

Lead by PSBs, NPAs soar 34.5 pc in Q3; pain to linger on: report

PSBs had a weaker performance on various indicators, including key parameter of NPAs and also profitability.

13 Feb 2018 5:26 PM IST

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

RBI's new norms to speed up resolution of stressed assets

Gross NPAs of public sector and private sector banks as on Sept 30, 2017 were Rs 7,33,974 cr, Rs 1,02,808 cr...

13 Feb 2018 4:33 PM IST

Customers outside the Bank of Baroda branch at Juinagar, which did not have any CCTV.

Bank of Baroda sees performance recovery strengthening from October

Bank of Baroda shares were trading 2.5 per cent lower by 0926 GMT in a Mumbai market that was 0.8 per cent up.

12 Feb 2018 4:43 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI wrote off bad loans worth over Rs 20,000 cr last fiscal

PSBs are faced with mounting NPAs or bad loans, putting the financial sector under stress.

12 Feb 2018 12:01 PM IST

Shiv Sena and MNS have always stressed on the of use Marathi as a official language in all central government offices, nationalised banks, railways, airport, etc.

PSBs need Rs 2.06 trillion capital for 8-9 pc credit growth in FY19

The recapitalisation amount from the government will go towards sustaining the banks.

8 Feb 2018 5:56 PM IST