Reforms in the banking sector are necessary to make public sector banks compete with private banks, says FM
28 Feb 2019 5:38 PM
The banking sector remains fragmented which makes the cost of capital quite high, says Niti Aayog Vice Chairman.
22 Feb 2019 2:57 PM
At the same time, over 90 per cent of respondents said infrastructure continues to remain a key sector with high NPAs.
18 Feb 2019 11:48 AM
On the profitability front, too, the state-owned lenders lagged behind.
13 Feb 2019 3:12 AM
The RBI on Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs).
02 Feb 2019 10:28 AM
Infosys Finacle study based on feedback from 100 countries says technology and business outcomes will be more tightly coupled in 2019.
30 Jan 2019 10:17 AM
According to the FSR, gross NPAs ratio declined to 10.8 per cent in September 2018 from 11.5 per cent in March 2018.
31 Dec 2018 6:02 PM
Banking system is overburdened with non-performing loans and there is a need to adequately professionalise boards of PSBs.
14 Dec 2018 5:07 PM
Incomplete data and lack of coordination between consortiums of banks in sharing vital data is another major issue while managing stressed assets.
27 Nov 2018 12:14 AM
Valuations of Indian bank USD bonds remain relatively expensive and do not offer much upside from current levels.
09 Nov 2018 10:48 AM
Insolvency and Bankruptcy Code has come as a "very good tool" in the hands of the banks and the financial creditors.
29 Oct 2018 11:57 AM
Outstanding corporate bonds surged over 117 per cent, from Rs 12.6 trillion to Rs 27.4 trillion.
25 Oct 2018 6:26 PM
The bank losses increased from Rs 18,000 crore to Rs 53,000 crore in UPA years, Piyush Goyal alleged.
13 Sep 2018 11:54 AM
26 banks together – both private and public – reporting gross NPAs of over Rs 7.31lakh crore.
12 Sep 2018 8:54 AM
LIC is in the process of picking up additional 7 per cent stake in IDBI Bank through preference shares.
03 Sep 2018 11:57 AM
Fitch said the USD 151-billion stock of bad loans remains a risk for the sector's weak income base.
13 Aug 2018 1:29 PM
Powers of RBI are wide-ranging and comprehensive to deal with various situations that may emerge in all banks.
25 Jul 2018 8:46 AM
Banking sector is grappling with rising NPAs, which touched Rs 8.99 lakh cr of total advances at Dec-end 2017.
11 Jul 2018 10:10 AM
The bad loans problem, driven largely by infrastructure sectors including power.
03 Jul 2018 9:16 AM
The deal is expected to provide business synergies despite the lender's stressed balance sheet.
27 Jun 2018 1:06 PM