Sunday, Mar 03, 2024 | Last Update : 07:22 AM IST

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Banks need $65 bn additional capital to meet Basel III norms: Fitch

Gross non-performing loan ratio reached 9.7 per cent in 2016-17, up from 7.8 per cent in 2015-16.

12 Sep 2017 2:51 PM

We could have managed liquidity better: Rajan

He adds central bank acted promptly to retrieve situation once problem of liquidity shortage was thrown up by data.

11 Sep 2017 6:08 PM

Not KYC, 'know your employee' too to check frauds: CVC to banks

Banks have to take extra care to have continuous vigil on their staff.

11 Sep 2017 4:51 PM

Banks to pay 3 per cent IGST on gold imports: CBEC

GST is payable at the rate of 3 per cent of the total transaction value of jewellery.

21 Aug 2017 4:16 PM

PSU banks hint strike on Tuesday against 'consolidation'

Operations at private lenders like ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank are expected to be normal.

21 Aug 2017 11:19 AM

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Saving deposit rate cuts to lead to lower lending rates: report

A cut in the MCLR beyond 0.35 per cent would become a margin dilutive proposition.

13 Aug 2017 11:58 AM

Govt has not written off single rupee of corporate loans: Jaitley

Total outstanding gross NPAs of agriculture and allied activities stood at Rs 62,307 crore.

11 Aug 2017 3:14 PM

Banks restructure corporate loans of Rs 2.04 lakh cr in FY17

Amount of corporate loans restructured by lenders has seen a decline in the last three financial years.

01 Aug 2017 6:32 PM

Account Number Portability: Switch banks without changing account number

This will come as a relief for unhappy customers stuck with bank accounts they do not want to keep.

31 Jul 2017 5:27 PM

How banking Industry is using automation for collecting and recovering loans

Modern day Collection Management System (CMS) consists of Call Centre Solution + CRM + Mobile App for field agents + reporting tools.

26 Jul 2017 3:21 PM

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Cleaning of banks' balance sheet top priority: Viral Acharya

Banks are saddled with non-performing assets (NPAs) of over Rs 7 lakh crore.

22 Jul 2017 4:37 PM

Banks to take Rs 2.4 trn haircut to resolve top 50 NPA

Haircuts have been classified into four categories marginal, moderate, aggressive and deep.

19 Jul 2017 4:17 PM

Sebi asks banks to make additional disclosure on loans

Move will help banks to recognise their stressed assets as non-performing more uniformly.

18 Jul 2017 7:21 PM

IBC: Banks to set aside Rs 18,000 cr in FY18, expect 25 per cent profit

SBI had conceded that it will require more provisions but ruled out big impact on profits.

18 Jul 2017 2:31 PM

Bank of India eyes net profits in second quarter

As per RBI norms, Bank of India was supposed to be under threshold one of prompt and corrective action.

15 Jul 2017 4:31 PM

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Insolvency and Bankruptcy Code explained

IBC that was passed in May 2016 replaced three existing laws on insolvency and bankruptcy.

13 Jul 2017 3:14 PM

Credit card bill payment exempt from cash dealing limit

The move to ban cash transaction above a threshold was aimed at curbing black money.

04 Jul 2017 4:53 PM

Non-food credit inches up 4.5 per cent in April

Loans to agriculture and allied activities rose by 7.4 per cent in April 2017, lower than the 15.3 per cent growth in April 2016.

02 Jul 2017 11:07 AM

Bank stocks dip up to 5 per cent amid selling pressure

The BSE bank index fell by 1.45 per cent to close at 26,234.14.

27 Jun 2017 6:50 PM

Banking Ombudsman can now slap Rs 20 lakh fine

Banks could be penalised for mis-selling third-party products like insurance and mutual funds via e-banking.

24 Jun 2017 9:28 AM

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