banking sector
Banks stare at $38bn new NPAs
Report says $53bn out of $178bn loans to the power sector are already stressed.
ICICI Bank shares tumble on probe reports, RBI fine
Shares of ICICI Bank, India’s third-largest lender, plunged 7 per cent to a five-month low.
PE investments hit all-time high of USD 21 bn in 2017: report
The top four IPOs, all in the insurance sector, accounted for 55 per cent of overall IPO equity raised.
Bank stocks in focus; gain 5.5 per cent
In the broader market, the BSE benchmark index ended at 33,174.39, up 107.98 points.
ASSOCHAM pitches for privatisation of PSBs
Government can use both PSU and private sector banks as the agents of change.
Banking sector could witness turnaround in FY20: S&P
Demonetisation and GST implementation hurdles and continuing global recovery provide the stimuli to the country's trade and GDP growth
RBI issues corrective framework for PSBs
RBI has issued a Prompt Corrective Action (PCA) framework to maintain sound financial health of banks.
Passport details must for loans of Rs 50 crore and above: Govt
Passport details will help banks to take timely action and inform relevant authorities to prevent fraudsters from fleeing country.
Banks' gross NPAs at Rs 8.41 lakh crore in December
The highest amount of gross NPAs was for country's largest lender SBI at Rs 2,01,560 crore.
RBI's new NPA norms may undermine bank earnings: Fitch
The new framework's overall focus is on recognising and quickly resolving bad loans.