Wednesday, Dec 08, 2021 | Last Update : 09:14 PM IST

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Banks to get green signal for gold business

Allowing bullion banking will be a main step towards developing gold infrastructure in India and establishing gold as an asset class.

26 Nov 2018 10:33 AM

FD rates up, smaller lenders offer 8.50 per cent

HDFC Bank, Punjab National Bank (PNB) and Canara Bank revised their interest rates recently.

13 Nov 2018 12:38 PM

Banks showing positive signs but fundamentals still weak: report

Valuations of Indian bank USD bonds remain relatively expensive and do not offer much upside from current levels.

09 Nov 2018 10:48 AM

RBI allows banks for fire audit of currency chests by approved agencies

Banks maintaining currency chests are required to get fire audit done once in a two years.

29 Oct 2018 4:36 PM

CAG Mehrishi questions RBI's accountability over NPA crisis in banks

The banking sector had NPAs or bad loans worth over Rs 9.61 lakh crore by the end of 2017-18.

23 Oct 2018 4:19 PM

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RBI allows banks to lend more to some non-banking finance firms

The limit has been raised from 10 per cent and is effective up to December 31.

19 Oct 2018 11:26 AM

Banks, telcos could be allowed to use Aadhaar, says Jaitley

Supreme Court declared constitutional the government's extraordinary attempt to give every resident a biometric ID.

06 Oct 2018 2:35 PM

Higher lending rates may spoil your festival plans

RBI might increase the repo rate for the third time this year by 25 basis points in its policy review.

02 Oct 2018 8:25 AM

RBI eases some cash requirement rules for banks

The move will ease tight cash conditions to some extent as it will reduce pressure on banks.

27 Sep 2018 10:00 AM

Preventive vigilance better governance tool for public institutions: Urjit Patel

Percentage of vigilance cases against RBI employees' vis-à-vis the total staff strength of the Bank stood on average at 0.004 per cent.

20 Sep 2018 5:59 PM

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Interest rate on small savings hiked after several yrs; PPF to fetch 8 pc now

Interest on savings deposits has been retained at 4 per cent, annually.

20 Sep 2018 10:52 AM

Fingers crossed over next wave of bank mergers

Currently there are nine banks still placed under the prompt corrective action (PCA) framework of the RBI.

19 Sep 2018 11:26 AM

Banks draw list of 11 power projects for NPA resolution

Total exposure in these firms that will soon go to NCLT is Rs 60,000 crore.

07 Sep 2018 8:57 AM

Bank branches to function normally next week; no need for panic: FinMin

Banks will only observe holidays on Sunday, September 2, and second Saturday, September 8.

31 Aug 2018 1:57 PM

99.3 per cent of demonetised currency returned to banks: RBI

The total SBNs returned from circulation is Rs 15,310.73 billion.

29 Aug 2018 12:18 PM

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Banks in Kerala decide to reschedule loans, waive fees for new cheque books

Banks decided to announce a moratorium on education loan for a period of six months and all other loans for one year.

23 Aug 2018 9:58 AM

Banks set to come out of PCA framework this year

As many as 11 out of 21 banks are under the watch list of the Reserve Bank of India (RBI).

17 Aug 2018 8:54 AM

Facebook begins talks with banks to expand customer service

Facebook had asked banks to share detailed financial information about their customers.

07 Aug 2018 7:54 AM

Over 20 Indian banks sign pact for faster bad-loan resolution

Top lender State Bank of India was among banks which signed the agreement.

24 Jul 2018 9:10 AM

Banks fear Mudra loans sans collateral may become NPAs

The government has already disbursed around Rs 5,54,703 till date to almost 12 crore consumers.

12 Jul 2018 9:03 AM

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