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Penalty would be charged if ATM stays cashless for more than 3 hours
Sat, Jun 15, 2019
Penalty would be charged on Banks if ATM stays cashless for more than 3 hours. Watch this video to know more.
Zee Biz Exclusive: Now Banks under RBI scanner, Cashless ATMs may put banks in tough conditions
Fri, Jun 14, 2019
Now Banks are under RBI scanner. No cash ATMs may put banks in tough conditions. ATMs can't be cashless more than 3 hrs may put banks in tough conditions. Watch this video to know more.
RBI will not issue new banking license for 2-3 years: Sources
Tue, Jun 04, 2019
The Reserve Bank of India (RBI) has decided to not give any new banking licence to players for 2-3 years, sources told Zee Media. The Board of Financial Supervision of the RBI has taken in-principle decision to not proceed further on new banking licence, sources further said. Decision on new licence will be taken after taking into consideration the situation of existing new banks, sources added.
Lok Sabha Elections 2019: Modi govt retains power, focus shifts to NBFCs, banks - Liquidity, loans, recapitalization, deposits key factors
Thu, May 23, 2019
Data compiled by ICICI Securities revealed that banks' non-food credit growth hit a five year high of 13% in FY19. However, after stripping out loans to NBFCs, lending grew by only 11.1%.
Want to close your bank account? Follow these steps
Fri, Apr 12, 2019
If you have an inactive bank account, then there are chances that your account offers overdraft services. In this situation, the bank makes your account dormant or inactive. In which you will be paying a lot in overdraft fees.
Banks close FY19 with 13.24% credit growth, deposits up 10.03%
Thu, Apr 11, 2019
This is the second consecutive double-digits credit growth after the same had declined to 4.54 percent in FY17 at Rs 78.41 lakh crore, which was the lowest since 1963.
Banks extend deadline to submit bids for Jet Airways stake to April 12
Wed, Apr 10, 2019
Lenders of Jet Airways Wednesday extended the deadline for submission of initial bids for stake purchase in the ailing airline to April 12.
Exclusive: In conversation with HDFC chairman Deepak Parekh
Mon, Apr 01, 2019
In this segment of Zee Business watch an exclusive conversation with HDFC chairman Deepak Parekh. Watch full video to know more.
Banks making every efforts to save Jet Airways, avoid bankruptcy: Sources
Wed, Mar 20, 2019
According to the sources, Banks making every efforts to save Jet Airways, avoid bankruptcy. Watch full video to know more.
Money Guru: Before you sign as a guarantor for a loan, Watch this!
Thu, Mar 14, 2019
From bank's perspective the guarantor is treated as good as the borrower. In case the borrower does not pay, guarantor has to pay off the loan. Watch this video to know more.
Unauthorised surcharge on digital payments weighs on users by banks
Mon, Mar 04, 2019
According to a report by a professor of IIT Bombay, Banks have charged unauthorised surcharge on digital payments weighs on users
Gems, Jewellery exports lose shine this Fiscal
Mon, Feb 25, 2019
Overall short domestic gems & jewellery demand is expected to remain tepid as credit restrictions by banks, geopolitical tensions would continue impacting the sector, a Care Ratings.
MD & CEO Of PNB Sunil Mehta: Consumers have benefited from rate cut in past 1.5 year
Fri, Feb 22, 2019
MD & CEO Of PNB Sunil Mehta, has said that the consumers have benefited from rate cut in past 1.5 year.
Niti Aayog appeals to reduce cost of capital of banks
Fri, Feb 22, 2019
The government has done a lot to improve governance in the banking sector which is beginning to contribute again, Niti Aayog Vice Chairman Rajiv Kumar said .
Zee Business Exclusive conversation with MS Sahoo, Chairman IBBI
Fri, Feb 15, 2019
Watch Zee Business Exclusive conversation with MS Sahoo, Chairman IBBI on IBC law.
Banks may have to shell out another up to $5.6 billion for bad debt: India Ratings
Tue, Feb 05, 2019
Indian banks may have to provide an additional up to 400 billion rupees ($5.59 billion) towards loans, which could potentially turn sour between October 2018 and September 2020, according to India Ratings & Research, the domestic arm of Fitch Ratings.
Money making magnet IndusInd Bank share poised to give 20 per cent return in January
Fri, Jan 11, 2019
Management expects up to a Rs 10bn hair-cut on the total exposure to IL&FS. However, given the bank’s negligible stressed pipeline on the corporate side (barring IL&FS) and low risk on its vehicle-finance portfolio, we expect its asset quality to improve from "first quarter of next fiscal year."
Yes Bank alert! Shutdown of securities trading for 16 days for these investors! Rana Kapoor led bank submits names for new chief
Fri, Jan 11, 2019
Yes Bank has been struggling for the last three months to find a new MD and CEO after RBI shockingly decided to end the tenure of the current chief Rana Kapoor. RBI has asked Yes Bank to say goodbye to Kapoor by end of January 31, and a new CEO to take charge from February 01, 2019. Interestingly, not just one, but some more developments were announced by Yes Bank.
Public sector banks on strike today: Operations impacted across country
Wed, Dec 26, 2018
Operations at public sector banks across the country were impacted today due to a strike called by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB).
Banks in 2018: Borrowers left as loans went kaput; CEOs forced to leave and RBI chief quits too
Wed, Dec 26, 2018
First, loans went kaput (broken) and borrowers left the country after defaulting on payments or committing frauds.