banking sector
Troubled mortgage lender DHFL again misses debt payments
DHFL only been able to make a 40 per cent payment on unsecured commercial papers due on Tuesday.
Amount involved in bank frauds of above Rs 1 lakh on decline
The amount involved in such frauds in 2017-18 and 2018-19 stood at Rs 9,866 crore and Rs 6,735 crore
Gross NPAs of banks may reduce to 8 per cent by March 2020: Report
NPA in the banking system had peaked at 11.5 per cent in March 2018 and then declined to 9.3 per cent in March 2019.
Number of wilful defaulters in nationalised banks up 60 pc to 8,582 in 5 years
Recovery of Rs 7,654 crore has been done from wilful defaulters' accounts during the last five financial years.
RBI to focus on governance reforms in banks, non-banking sector in coming months: Das
Bank Board Bureau and the Reserve Bank are engaged in developing an objective framework for performance evaluation of PSBs.
RBI removes charges on RTGS/NEFT transactions; asks banks to pass on benefits
RBI has decided to set up a committee to review the charges levied on the use to ATMs.
RBI data on bank frauds on basis of reporting year, not occurrence date: FinMin
RBI in an RTI reply had disclosed that over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore were reported in 2018-19.
Shadow banks must appoint risk officers: RBI
Banks with more than 50 billion rupees (USD 714 million) in assets must appoint a chief risk officer.
India needs to bolster level of capitalisation of government-owned banks: IMF
The level of non-performing loans (NPLs) in India remains high.
RBI buys USD 5 billion through forex swap auction
The RBI said it received USD 16.31 billion in bids for the auction for which the cut-off was set at 776 paise.