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The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

LIC seeks CCI nod for IDBI Bank deal

LIC has offered to acquire 2,04,15,12,929 equity shares, representing 26 per cent of the fully paid-up equity capital of...

31 Oct 2018 5:25 PM IST

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

Vijaya Bank Q2 profit falls 24 per cent to Rs 140 crore

Total income of the bank stood at Rs 3,931.36 crore for the reported quarter, up 12.28 per cent from Rs 3,501.31 crore.

29 Oct 2018 1:26 PM IST

Ajay Tyagi who is a 1984 batch IAS officer assumed office of Sebi chair on March 1, 2017. (Photo: PTI).

NPA crisis in banking sector an opportunity for bond mkt development:...

Outstanding corporate bonds surged over 117 per cent, from Rs 12.6 trillion to Rs 27.4 trillion.

25 Oct 2018 6:26 PM IST

Kotak Mahindra Bank on Tuesday said it will offer debit card at a special price of Rs 99 for the first year for customers who will open account under its zero balance account scheme till September 15.

Kotak Mahindra Bank Q2 profit rises nearly 15 per cent

Net profit rose to 11.42 billion rupees ($155.84 million) for the quarter ended Sept 30.

24 Oct 2018 1:22 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)

CAG Mehrishi questions RBI's accountability over NPA crisis in banks

The banking sector had NPAs or bad loans worth over Rs 9.61 lakh crore by the end of 2017-18.

23 Oct 2018 4:19 PM IST

Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.

Bandhan Bank Q2 net jumps 47.28 per cent to Rs 487.65 cr

Shares of Bandhan Bank were trading 4.16 per cent higher at Rs 505.05 apiece on BSE.

10 Oct 2018 3:39 PM IST

Union finance ministry Arun Jaitley

Jaitley defends loan write-offs; says they don't lead to waiver

The country's 21 state-owned banks wrote-off Rs 3.16 lakh crore of loans in four years of the BJP govt.

2 Oct 2018 9:16 AM IST

RBI governor Urjit Patel

RBI Governor to submit written answers to questions raised by MPs

Governor replied that adherence to the global norms was India's commitment to G-20 nations.

27 Nov 2018 5:06 PM IST

RBI governor Urjit Patel

RBI Governor Urjit Patel appears before parliamentary panel

RBI Governor appeared to brief on demonetisation and NPA situation in the public sector banks.

27 Nov 2018 2:23 PM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Banks showing positive signs but fundamentals still weak: report

Valuations of Indian bank USD bonds remain relatively expensive and do not offer much upside from current levels.

9 Nov 2018 10:48 AM IST

RBI board needs to play like Dravid: Raghuram Rajan

Banks can kick-start lending and support growth, and transferring more dividend to boost liquidity.

7 Nov 2018 11:09 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI puts up 11 NPA accounts for sale to recover Rs 1,019 crore

SBI has reported a hefty loss of Rs 4,876 crore for the June quarter due to higher NPAs or bad loans.

5 Nov 2018 11:19 AM IST