banking sector
Bad bank to get Centre’s boost
Centre to guarantee Rs 30,000 crore purchase of NPAs by bad bank
NBFCs witness 15-20 per cent improvement in retail lending in last 2 months
Most of the NBFCs are waiting for trends in collections in September given the end of the moratorium and the Kamath committee recommendation
Bank employee unions demand 5-day working week, says COVID threat is haunting bankers
The Indian Banks' Association in January rejected the proposal for a five-day working week but offered a 19 percent pay hike to employees
Banking services impacted due to nationwide trade union strike
The trade unions have claimed around 25 crore people are participating in the strike .
RBI sees corporate governance 'fault lines' at some lenders
Indian banks have shifted towards the retail market in recent years in response to a rise in soured corporate loans.
Not through bonds, only cash, says Rangarajan on banks recapitalisation
The centre has infused Rs 2 lakh crore as capital into various banks during the past three years.
India's state-run banks report fraud of more than USD 13 bn in 6 months
Bankers have blamed lax regulations and said some bank officials were working in league with fraudsters.
NABARD seeks credit disbursal from banks on monthly basis
Speaking on the bank's Non-Performing Assets, the NABARD chief said that the bank's NPA has reduced last year.
India's bad debt pile eased by write-offs, underlying problem far from resolved
As of June 30, total stressed assets on the books of Indian banks were at 9768.47 bn rupees down from 10,672.29 bn rupees.
Sebi tightens norms for listed banks on bad loan disclosures
The decision has been take in consultation with the RBI, the Sebi said in a circular.