RBI may also impose restrictions on the bank on borrowings from interbank market.
10 May 2017 2:01 PM
Bank had reported a loss of Rs 326.38 crore in same period of previous fiscal.
09 May 2017 5:21 PM
Toxic loans of public sector banks rose by over Rs 1 lakh crore to Rs 6.06 lakh crore during April-Dec 2016-17.
06 May 2017 11:26 AM
President Pranab Mukherjee last night signed ordinance to amend Banking Regulation Act.
05 May 2017 6:05 PM
RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.
05 May 2017 5:53 PM
With sweeping powers, central bank can now give ditections to banks to resolve huge bad loans issue.
05 May 2017 3:10 PM
Amendments will give RBI powers to directly interven in the issue and instruct banks for speedy redressal.
04 May 2017 4:53 PM
Bank had reported a net profit of Rs 695.78 crore in corresponding quarter of 2015-16 fiscal.
27 Apr 2017 3:56 PM
Central bank issues new set of enabling provisions under label of revised prompt corrective action framework.
14 Apr 2017 11:53 AM
Govt may bring in amendment in Banking Regulation Act or issue an ordinance to empower RBI.
04 Apr 2017 2:30 PM
He said the amendments to the anti-graft law have been brought to Parliament to which the select committee has suggested some minor changes.
26 Mar 2017 9:18 AM
Setting up of a bad bank to hold such loans seemed not on top of alternatives of policy makers.
11 Mar 2017 12:45 PM
As on Sept 30, 2016, gross NPAs of public sector banks rose to Rs 6.3 lakh crore.
09 Mar 2017 2:15 PM
RBI governor Urjit Patel says problem of NPAs was earlier also but it is only recently issue was being recognised.
11 Feb 2017 5:53 PM
Bank said that rate for 1-year tenure has been reduced by 0.60 per cent to 8.8 per cent.
05 Jan 2017 11:38 AM
Withdrawal of legal tender status of specified bank notes (old Rs 500/1000) could potentially transform the domestic economy.
29 Dec 2016 6:47 PM