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Will PNB benefit the most?

Will PNB benefit the most?

Fri, Dec 06, 2024

What will be the impact of half percent reduction in CRR on banks? Will PNB benefit the most? Know the full news?

Banks should adopt 'bottom-up' approach for preparing credit plan: RBI's Swaminathan

Banks should adopt 'bottom-up' approach for preparing credit plan: RBI's Swaminathan

Tue, Dec 03, 2024

Banks should adopt a "bottom-up" approach for preparing credit plans to fulfil fund requirements for different segments in districts, RBI Deputy Governor Swaminathan J has said.

Morgan Stanley report on banks, cut in interest rates, who benefits?

Morgan Stanley report on banks, cut in interest rates, who benefits?

Mon, Sep 09, 2024

Morgan Stanley report on banks. Cut in interest rates, who benefits? Morgan Stanley's Preferred Bank Shares. Know complete details in this video.

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Wilful defaulters in RBI's second list may face IBC proceedings

Wilful defaulters in RBI's second list may face IBC proceedings

Wed, Dec 13, 2017

Axis Bank, which was the first to come out and reveal its exposure in these defaulters, stated in Q2FY18 result that it has exposure on 12 of the identified defaulters.

Banks yet to pay CITs Rs 25 crore for note ban period, says CLA

Banks yet to pay CITs Rs 25 crore for note ban period, says CLA

Wed, Dec 13, 2017

The Cash Logistics Association (CLA) Secretary General U S Paliwal said that these companies provided additional services for evacuating old Rs 500 and Rs 1,000 notes from ATMs across the country and recalibration of about 1.5 lakh ATMs to dispense new notes of Rs 2,000 and Rs 500.

Sensex rises 205 points, up for 3rd day

Sensex rises 205 points, up for 3rd day

Mon, Dec 11, 2017

Rising for the third straight session, benchmark Sensex finished over 205 points higher at 33,455.79 today on persistent buying by domestic institutional investors amid positive global cues. The broader NSE Nifty too closed above the 10,300-mark.

Is govt mulling over raising protection on bank deposits beyond Rs 1 lakh?

Is govt mulling over raising protection on bank deposits beyond Rs 1 lakh?

Sat, Dec 09, 2017

Media reports have shed light on the likelihood of protection of bank deposits being raised with the upcoming FRDI bill.

Is your bank deposit safe? Know more about FRDI Bill & bail-in clause

Is your bank deposit safe? Know more about FRDI Bill & bail-in clause

Fri, Dec 08, 2017

FRDI Bill i.e. Financial Resolution and Deposit Insurance Bill 2017 aims to focus on finding a resolution in case of a rare event of a failure of any financial service provider like banks, insurance companies or a non-banking financial companies etc. At present the bill is pending with the standing committee and have not been enacted as a law.

China's Xiaomi seeks bank pitches for 2018 IPO: Sources

China's Xiaomi seeks bank pitches for 2018 IPO: Sources

Wed, Dec 06, 2017

Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

Exclusive Interview with Finance Minister Arun Jaitley on Demonetization

Exclusive Interview with Finance Minister Arun Jaitley on Demonetization

Wed, Nov 08, 2017

About 6,857.82 million notes of Rs 1000 and 17,165.06 million notes of Rs 500 valuing separately Rs 685,782 crore and Rs 858,253 crore respectively were scrapped

Recapitalisation plan positive for banks' ratings: Fitch

Recapitalisation plan positive for banks' ratings: Fitch

Thu, Oct 26, 2017

The recent recapitalisation plan announced by the government for public sector banks will provide substantial funds to the lenders to address the capital shortages, that has a major negative impact on their ratings, says a report.

China cuts reserve rate for banks to boost lending to small firm

China cuts reserve rate for banks to boost lending to small firm

Sun, Oct 01, 2017

The reserve requirement rate will be cut a further 50 basis points -or 0.5% - for banks whose loans to the targeted groups account for 1.5% of their balance of outstanding newly added loans for the previous year.

Banks planning to sell 51 per cent stake in JITPL

Banks planning to sell 51 per cent stake in JITPL

Sun, Sep 17, 2017

This segment of Zee business brings you latest updates on loan defaulter company Jindal Indian Thermal Power Plant Ltd. PNB is planning to sell 51 per cent stake to recover its money. Watch this clip to know more About Zee Business --------------------------

Sebi's scanning of "shell companies" creates problems for investors, banks

Sebi's scanning of "shell companies" creates problems for investors, banks

Mon, Aug 14, 2017

Market watchdog identified 331 listed firms as suspected shell companies. Various measures are taken by the regulator in tackling the black money.

Banks to remain shut till August 15; Will ATMs run dry?

Banks to remain shut till August 15; Will ATMs run dry?

Fri, Aug 11, 2017

Banks will remain shut for four days which may cause temporary cash shortage at ATMs.

No need for govt employees to visit bank to start pension: Govt

No need for govt employees to visit bank to start pension: Govt

Sun, Aug 06, 2017

There is no need for central government employees to visit banks to start pension as their copy of the Pension Payment Order (PPO) will be handed over to them at the time of retirement, the Personnel Ministry has said.

Indian banks are most at risk in South and SE Asia, Moody's says

Indian banks are most at risk in South and SE Asia, Moody's says

Wed, Jul 26, 2017

Key Highlights: Indian banks most vulnerable in South and Southeast Asia Moody's says result from a poll in Hong Kong and Singapore

Rs 8 lakh crore NPAs may face bankruptcy proceedings by March 2019

Rs 8 lakh crore NPAs may face bankruptcy proceedings by March 2019

Sun, Jul 16, 2017

"So, it should be safe to assume that the non-performing assets (NPAs) mess would largely be resolved by the first quarter of financial year 2019-20," Assocham study titled 'NPAs Resolution: Light at the end of tunnel by March 2019' said.

Banks should look at funding unorganised sector: Jaitley

Banks should look at funding unorganised sector: Jaitley

Tue, Jul 11, 2017

"It is a fact that people in the unorganised sector are much higher than the organised sector, but the former gets credit with a lot of difficulty," he said at an event organised by the National Bank for Agriculture and Rural Development (Nabard) here.

RBI makes transactions from ATM, Credit Card and Online safer; Here's what you need to know

RBI makes transactions from ATM, Credit Card and Online safer; Here's what you need to know

Sat, Jul 08, 2017

To make customers feel safe about carrying out various electronic banking transactions, the RBI has come up with rules that will be needed to followed by both banks and customers.

Co-operative banks given 30 days time to deposit demonetised notes

Co-operative banks given 30 days time to deposit demonetised notes

Wed, Jun 21, 2017

Ministry of Finance has asked the district central co-operative banks to deposit old Rs 500 and Rs 1000 notes with RBI in a time period of 30 days.

Finance Ministry asks PSBs to explore acquisition of smaller banks

Finance Ministry asks PSBs to explore acquisition of smaller banks

Sun, Jun 18, 2017

The finance ministry has asked four large PSU lenders to explore opportunities for acquisition of small and mid-sized banks with a goal to create global sized lenders, sources said.

Provide adequate funds to banks for loan waiver of 86 lakh farmers: Adityanath

Provide adequate funds to banks for loan waiver of 86 lakh farmers: Adityanath

Fri, Jun 09, 2017

The funds in proportion to the amount of loan waiver should be provided to banks soon after the passage of budget for 2017-2018 fiscal and certificates of waiver should be distributed among 86 lakh beneficiaries, he told a high-level meeting for implementing waiver scheme for small and marginal farmers.

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