Wed, Apr 24, 2024
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Wed, Mar 13, 2024
The Department of Financial Services (DFS), a division of the Finance Ministry has instructed all state-run banks last month to scrutinize their gold loan accounts granted after January 1, 2022.
Mon, May 29, 2023
The Reserve Bank on Monday held a conference for the directors on the boards of Private Sector Banks. The conference was held in Mumbai.
Sat, Mar 25, 2017
The Reserve Bank of India (RBI) has asked all agency banks -- all public sector banks and some private banks -- to remain open on all days between March 25 and April 1.
Tue, Jan 31, 2017
The consequent squeeze of banks has led them to slow credit growth to crucial sectors-especially to industry and medium and small scale enterprises (MSMEs)-to levels unseen over the past two decades. As this has occurred, growth in private and overall investment has turned negative . A decisive resolution is urgently needed before the TBS problem becomes a serious drag on growth.
Tue, Jan 24, 2017
Kotak also feels RBI's asset quality review to offset the impact of stressed assets and enable most banks to see higher growth in net profits compared to pre-provisioning profits.
Wed, Dec 28, 2016
Considering Acharya's major interest, does that mean with his appointment the Modi-led government once again shifts its focus on bank's long hanging stress – 'the bad loans'?
"The manager has been arrested under the provisions of the Prevention of Money Laundering Act and will be produced before the court for further custody," ED said.
Tue, Dec 20, 2016
Post demonetisation, Indian banks especially public banks are expected to see growth in the ATM volumes led by steady activation of debit cards.
Mon, Dec 12, 2016
Nitin Aggarwal and Renish Patel analysts of Antique Stock Broking firm said, “Treasury gains will add upto 6% in operating earnings of major public sector undertakings (PSU) banks over second half of current fiscal year (2HFY17), assuming 50 basis point reduction in interest rate across yield curve.”
Wed, Nov 23, 2016
The report said that in the past five years, NBFCs have raised Rs 26,000 crore equity.
Tue, Oct 11, 2016
Reserve Bank of India's (RBI) data has revealed that stressed loans have crossed $ 138 billion (approx Rs 8,71,746 crore) in June 2016, an increase of 15% in just six months, data accessed by Reuters showed.
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