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Banks GNPA may rise over 22-yr high of 13.5 pc by Sep 2021: RBI FSR
Tue, Jan 12, 2021
Banks' gross non-performing assets may rise to 13.5 per cent by September 2021, from 7.5 per cent in September 2020 under the baseline scenario, according to Financial Stability Report (FSR) released by the Reserve Bank of India
This bank's LICENCE CANCELLED by RBI! Have account in it? Here is what will happen to depositors' money
Wed, Dec 09, 2020
The reason cited by RBI behind cancellation is 'the bank does not have adequate capital and earning prospects'.
IBPS Clerk recruitment 2020: 2557 vacancies announced on ibps.in for top banks including PNB, BOB, Canara and others; check details here!
Wed, Oct 21, 2020
IBPS Clerk recruitment 2020: Amazing news as Institute of Banking and Personal Selection (IBPS) has announced reopening of 2557 vacancies for the positions of clerk. Aspirants of this job who missed the opportunity last time can now apply for the jobs by visiting the website ibps.in
Bank officers' unions blame IBA for derailing wage negotiation process
Mon, Oct 19, 2020
Four bank officers' unions led by All India Bank Officers' Confederation (AIBOC) on Sunday blamed the Indian Banks' Association (IBA) for derailing finalisation of the wage revision process for over four lakh bank officers under the recent wage settlement announced in July this year
Govt may not need to infuse fresh capital in PSU banks this fiscal
Mon, Aug 17, 2020
The government may not have to inject fresh capital into the public sector banks (PSBs) as one-time loan restructuring permitted by the RBI has reduced additional fund requirement by them. Also the poor credit offtake on account of coronavirus pandemic may obliterate the need for significant growth capital during the current fiscal, sources said
Farm loan waiver: Bank unions seek Maha CM intervention for directions
Mon, Jun 29, 2020
Bank unions have written to Maharashtra Chief Minister Uddhav Thackeray seeking his intervention in getting directions for banks from competent authorities for sanctioning of crop loans to farmers under the debt relief plan in the state
RBI may allow one-time loan restructuring soon; Anil Singhvi tells investors to keep an eye on banking stocks
Fri, Jun 26, 2020
In what may come as a much-needed relief to banks, the Reserve Bank of India (RBI) may allow one-time loan restructuring. Though the banking regulator has not been in favour of this move till now, it may give some leeway to the banks amid the coronavirus pandemic. Zee Business Managing Editor Anil Singhvi explains what it means to investors
SBI cuts lending rate, home, auto loan EMIs to fall
Wed, Mar 11, 2020
The country's largest lender State Bank of India (SBI) has cut its marginal cost of fund-based lending rate (MCLR) by up to 15 basis points across various tenors effective March 10, a move which will make home loans cheaper.
RBI proposes changes in Banking Regulations Act
Fri, Dec 06, 2019
RBI proposes changes in the Banking Regulations Act. To know more watch the video
SC paves way for ArcelorMittal's takeover of Essar Steel
Fri, Nov 15, 2019
SC paves way for ArcelorMittal's takeover of Essar Steel. To know more watch the video
PK Gupta: Recession has not affected retail banking much
Thu, Nov 14, 2019
The Managing Director of SBI retail banking PK Gupta has said, Recession has not affected retail banking.
How to close bank account: Here's what you need to know
Sun, Nov 03, 2019
Too many bank accounts can be difficult to manage as you might also need to maintain an average quarterly balance. After following all these procedures, the bank will finally check any pending payment or cheque against your bank account.
Exclusive: In conversation Satish Marathe, Founding member of Sahakar Bharati on PMC Scam
Sat, Nov 02, 2019
In conversation Satish Marathe, Founding member of Sahakar Bharati on PMC Scam with Brijesh Kumar.
Government to form IBC like mechanism for Bank and NBFC
Thu, Oct 31, 2019
Government to form IBC like mechanism for Bank and NBFC. To know more watch the video
Sensex up 38 pts as banks rally, Nifty Settles At 11,584
Fri, Oct 25, 2019
Sensex up 38 pts as banks rally, Nifty Settles At 11,584. To know more watch the video
PMC scam: Customers stage protest outside Mumbai’s Killa Court
Wed, Oct 09, 2019
Rakesh Wadhawan and son Sarang were on Friday remanded in police custody till October 9 by the Esplanade court.
Mega-bank merger and its implications | Editor's Take
Tue, Sep 03, 2019
In this segment of Zee Business, know Editor's Take on the mega-bank merger and its implications.
Nirmala Sitharaman announces the big bank mergers
Sun, Sep 01, 2019
Finance minister Nirmala Sitharaman announces the big bank mergers. To know more watch the video.
Money Guru: Know about the Rules for Cash transaction limit
Tue, Aug 13, 2019
In this segment of Money Guru, Know about the rules for cash transaction limits. To know more watch the video
Money Guru: Know about the Rules for Cash transaction
Tue, Aug 13, 2019
How much cash you can withdraw from bank, Know about the Rules for Cash transaction. To know more watch Money Guru