Monday, May 20, 2024 | Last Update : 04:41 AM IST

banking sector Page-4

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.

27 Jun 2018 1:06 PM

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.

15 Jun 2018 5:15 PM

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.

08 Jun 2018 9:59 AM

Piyush Goyal vows to clean up banking sector

Goyal was earlier this week given temporary charge of the finance ministry until Arun Jaitley recovers.

17 May 2018 2:03 PM

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.

19 Apr 2018 3:32 PM


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.

15 Apr 2018 1:41 PM

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.

12 Apr 2018 11:52 AM

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.

11 Apr 2018 9:13 AM

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.

09 Apr 2018 2:24 PM

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.

05 Apr 2018 2:00 PM


Banks stare at $38bn new NPAs

Report says $53bn out of $178bn loans to the power sector are already stressed.

05 Apr 2018 4:51 AM

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.

02 Apr 2018 11:43 AM

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.

28 Mar 2018 11:30 AM

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.

27 Mar 2018 5:57 PM

ASSOCHAM pitches for privatisation of PSBs

Government can use both PSU and private sector banks as the agents of change.

27 Mar 2018 1:24 PM


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

21 Mar 2018 5:29 PM

RBI issues corrective framework for PSBs

RBI has issued a Prompt Corrective Action (PCA) framework to maintain sound financial health of banks.

17 Mar 2018 1:14 PM

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.

10 Mar 2018 12:29 PM

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.

10 Mar 2018 11:56 AM

RBI's new NPA norms may undermine bank earnings: Fitch

The new framework's overall focus is on recognising and quickly resolving bad loans.

22 Feb 2018 3:27 PM