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In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank Q2 net profit down 27 per cent to Rs 260 crore

Net profit for the first half of the fiscal declined to Rs 511.78 crore from Rs 585.86 crore.

27 Oct 2017 2:12 PM GMT

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

Govt infusing capital in banks only short term solution: AIBEA

Centre unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.

27 Oct 2017 1:43 PM GMT

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank shares tank nearly 10 per cent after Q2 earnings

Gross non- performing assets grew to Rs 2,720.34 crore during the second quarter of 2017-18.

27 Oct 2017 8:07 AM GMT

The case was first detected by the Delhi police after it intercepted three persons with about Rs 3.7 crore cash in old notes in front of the Axis Bank branch in November last year.

Axis Bank laggard, non-prudent in recognising NPAs: Moody's

Axis Bank which is rated Baa3 with a stable outlook by Moodys, reported a 24 per cent increase in NPAs.

26 Oct 2017 10:13 AM GMT

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

Banking sector stares at additional Rs 40,000 crore NPAs

Total outstanding loan of these accounts at the end of June 2017 were about Rs 42,000 crore.

22 Oct 2017 7:02 AM GMT

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Need stronger bank balance sheets to tackle NPAs: N S Vishwanathan

As on March 2017, gross NPAs of banks was 10 per cent of total exposure, mostly in public sector.

13 Oct 2017 12:51 PM GMT

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank employees against merger of smaller PSU banks

Merger would not bring any relief to the ailing' banking industry as the increasing Non Performing Assets.

24 Nov 2017 1:10 PM GMT

Total income rose to Rs 996.12 crore during the quarter under review, from Rs 894.87 crore in the year-ago period.

City Union Bank Q2 net profit up 17 per cent at Rs 145 crore

Bank had registered a net profit of Rs 124 crore during the July-September quarter of last fiscal.

8 Nov 2017 8:14 AM GMT

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

Indian Bank Q2 net up 11.5 per cent at Rs 452 crore

Bank had made a net profit of Rs 405.14 crore in the similar July-September quarter of 2016-17.

6 Nov 2017 8:00 AM GMT

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)

PSU Banks may get Rs 70,000 cr through recap bonds this fiscal

In last three-and-half years govt has pumped in Rs 51,858 crore capital in the public sector banks.

5 Nov 2017 11:00 AM GMT

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Loan default: Listed companies get a breather from Sebi

Sebi had asked listed entities to inform exchanges in case it defaulted on payment of interest.

30 Sep 2017 6:18 AM GMT

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

Fitch has negative outlook on banks, raises capital concerns

Banks will need USD 65 billion in additional capital to meet Basel III requirements by March 2019.

14 Sep 2017 12:34 PM GMT