Sunday, Mar 29, 2020 | Last Update : 10:05 PM IST

banking sector Page-2

Banks bad loans down at Rs 9.34 lakh crore at FY19-end: Sitharaman

Govt has instituted a comprehensive 4R's strategy for recognition of non-performing assets (NPAs) transparently.

16 Jul 2019 4:08 PM

Budget 2019: Govt to provide credit guarantee to PSBs to buy NBFC assets

The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.

05 Jul 2019 3:06 PM

A mess: Patel admits RBI was slow to take timely measures

Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.

04 Jul 2019 1:37 PM

Economic Survey 2018-19 highlights

India continues to remain the fastest-growing major economy in the world in 2018-19.

04 Jul 2019 1:30 PM

Economic Survey: Banking sector performance improved due to fall in bad loans in 2019

The performance of the banking system has improved as non-performing asset (NPA) ratios declined and credit growth accelerated.

04 Jul 2019 1:06 PM

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Govt cuts interest rate on small savings schemes by 0.1 per cent

Interest rate for 5-year Senior Citizens Savings Scheme will now fetch a lower rate of interest at 8.6 pc from 8.7 pc.

29 Jun 2019 12:03 PM

RBI calls for greater surveillance on too-big-to-fail NBFCs

The systemic impact of HFCs' failures has significantly lessened as the state-run banks got better capitalised.

28 Jun 2019 9:36 AM

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.

26 Jun 2019 8:52 AM

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

25 Jun 2019 7:06 PM

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.

25 Jun 2019 4:00 PM

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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.

24 Jun 2019 7:18 PM

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.

09 Jun 2019 8:28 AM

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.

06 Jun 2019 12:53 PM

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.

05 Jun 2019 9:27 AM

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.

17 May 2019 9:29 AM

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India needs to bolster level of capitalisation of government-owned banks: IMF

The level of non-performing loans (NPLs) in India remains high.

11 Apr 2019 10:21 AM

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.

27 Mar 2019 9:05 AM

PNB scam exposes gaps in Indian banking sector

Rs 14,000 crore, fraud nearly brought India’s second biggest state-run bank on its knees.

22 Mar 2019 1:06 PM

You don't get away by not paying back to banks: Jaitley

Reforms in the banking sector are necessary to make public sector banks compete with private banks, says FM

28 Feb 2019 5:38 PM

Banking sector on way to recovery: Niti Aayog

The banking sector remains fragmented which makes the cost of capital quite high, says Niti Aayog Vice Chairman.

22 Feb 2019 2:57 PM

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