banking sector
LIC may enter banking sector; eyes majority stake in IDBI Bank
The deal is expected to provide business synergies despite the lender's stressed balance sheet.
NPA write-offs by public sector banks surge 140 pc over their losses
The recent tight prudential norms released by RBI on February 12 have added to the NPA woes.
Important for India to address banking crisis to support investment: IMF
Indian banks have made progress in addressing stock of NPAs and were taking further measures to deal with flow problem.
Piyush Goyal vows to clean up banking sector
Goyal was earlier this week given temporary charge of the finance ministry until Arun Jaitley recovers.
Time not ripe for large scale privatisation of PSBs: SBI Chief
Privatisation of public sector banks (PSBs) given the current socio-economic conditions in the country.
Bad loans in Q4 to rise by Rs 8,000 cr on account of Gitanjali
Gitanjali Gems group have turned bad during the quarter ended March 31.
ICICI, Axis troubles highlight governance issues in Indian banks: S&P
Axis Bank's gross non-performing asset ratio of 6 per cent is similar to ICICI Bank's 8 per cent.
Govt cleaning up banking sector, says DFS secretary
Banks have also raised more than Rs 10,000 crore so far and will raise more in the coming months from the market.
Volkswagen eyes IT, banking professionals in India to drive sales
Program offers benefits on purchase, servicing of the vehicle, accessories as well as loyalty benefits.
Honest citizens bear burden of bank defaults: President Kovind
The amount involved in such defaults for PSBs is reported to be Rs 1,10,050 crore.