SBI is the leader of consortium of 13 banks that lent money to Mallya's now defunct Kingfisher Airlines.
06 Jul 2018 1:08 PM
Inter-creditor agreement will be a legal document and enforceable in any court of law.
06 Jul 2018 10:38 AM
The bad loans problem, driven largely by infrastructure sectors including power.
03 Jul 2018 9:16 AM
Meeting is also expected to take a call on issuance of recapitalisation bonds for some of the weak banks.
08 Jun 2018 8:52 AM
Priority sector loans growth slowed down to 5 per cent from the 5.7 per cent in the year-ago period.
01 Jun 2018 9:33 AM
Two-day nation-wide bank strike might impact Rs 20,000 crore worth of customer transactions.
31 May 2018 11:33 AM
In partnership with Hitachi Systems Micro Clinic, ESDS has unveiled a web security scanner designed to prevent smartphone phishing attacks.
29 May 2018 1:05 PM
Under the PCA, banks face restrictions on distributing dividends and remitting profits.
17 May 2018 9:13 AM
The first set of 12 large corporate defaulters identified by the central bank in June last year.
08 May 2018 8:59 AM
Cryptocurrency transactions, trading volumes have surged dramatically alongside a sharp rally in prices.
04 May 2018 12:48 PM
Changes in the IBC were aimed at giving companies a chance to revive, bring in fresh capital into the country.
25 Apr 2018 11:51 AM
Govt as well as banks feel one-day delay norm could harm businesses and lead to making loans below Rs 2,000 cr.
16 Apr 2018 8:53 AM
This is however not to obscure the cutting-edge role the public banks have played in financial inclusion.
02 Apr 2018 12:23 AM
Letters of credit and bank guarantees will continue upon meeting certain conditions.
30 Mar 2018 9:35 AM
State Bank of India and PNB has deposited significantly lower advance tax during the quarter.
28 Mar 2018 3:50 PM
Banks extendSUPI loan to commercially viable proposals as per bank's board approved policy in this regard.
14 Mar 2018 12:00 PM
The above revision will benefit 25 crore bank customers.
13 Mar 2018 1:25 PM
Passport details will help banks to take timely action and inform the relevant authorities to prevent fraudsters from fleeing the country.
06 Mar 2018 9:21 PM
RBI will also allow standalone primary dealers to avail term repo auctions on March 28.
15 Feb 2018 4:46 PM
In 2017, the RBI ordered banks to force roughly 40 of the biggest corporate loan defaulters into bankruptcy proceedings.
13 Feb 2018 8:27 AM