Capital infusion has not been sufficient and a delay in addressing banking issues could prolong India’s economic recovery.
03 Aug 2019 1:18 PM
The country's largest bank, State Bank of India, has lending worth Rs 1.76 lakh crore classified as NPA till march 2019.
01 Aug 2019 10:18 AM
Govt has instituted a comprehensive 4R's strategy for recognition of non-performing assets (NPAs) transparently.
16 Jul 2019 4:08 PM
The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.
05 Jul 2019 3:06 PM
Patel said an asset quality review for the NBFCs is ‘inevitable’ given their interconnectedness in financial system.
04 Jul 2019 1:37 PM
India continues to remain the fastest-growing major economy in the world in 2018-19.
04 Jul 2019 1:30 PM
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
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
The systemic impact of HFCs' failures has significantly lessened as the state-run banks got better capitalised.
28 Jun 2019 9:36 AM
DHFL only been able to make a 40 per cent payment on unsecured commercial papers due on Tuesday.
26 Jun 2019 8:52 AM
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
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
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
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 has decided to set up a committee to review the charges levied on the use to ATMs.
06 Jun 2019 12:53 PM
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
Banks with more than 50 billion rupees (USD 714 million) in assets must appoint a chief risk officer.
17 May 2019 9:29 AM
The level of non-performing loans (NPLs) in India remains high.
11 Apr 2019 10:21 AM
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
Rs 14,000 crore, fraud nearly brought India’s second biggest state-run bank on its knees.
22 Mar 2019 1:06 PM