Mon, Jun 17, 2024
The report points out that non-performing loans (Net NPL), which were a bane of the Indian banking sector earlier, have now declined to decadal lows, driven by better asset quality, stronger provision buffers, and an improved capital position.
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Fri, Nov 17, 2023
Shares of banks and non-banking finance companies (NBFCs) plummeted on Friday as the Reserve Bank of India (RBI) tightened norms for personal loans and credit cards. The move, aimed at curbing the surge in unsecured lending, sent shockwaves through the financial sector, with SBI Card shares falling the most by over 6%.
Tue, Oct 03, 2023
European financial institutions accounted for most instances and much of the greenwashing involved claims about fossil fuels.
Thu, Aug 24, 2023
The country's banks are forecast to take their share in aggregate payout across all sectors to 13% for the year ending March 31, 2024, according to S&P Global Market Intelligence. This is up from 12 per cent for the fiscal year ended March 31, 2023, and 9 per cent in the year ended March 31, 2022.
Thu, Aug 17, 2023
A number of indicators for the banking sector have also improved compared with pre-pandemic levels, the rating agency said.
Tue, Jun 06, 2023
A recent report by Bank of Baroda reveals that Indian banks have maintained steady lending strength, despite aggressive hikes in the repo rate by the Reserve Bank of India (RBI) in FY2023. Borrowing continues to rise, propelled by robust demand, as bank lending growth increased to 15.9 per cent in April 2023.
Mon, Mar 20, 2023
How do Indian banks are performing during SVB crisis? What is RBI's remark on Indian banks? Know full details from Varun Dubey.
Sat, Mar 18, 2023
Giving details, the Reserve Bank of India (RBI) said a statutory inspection of the company was conducted by NHB with reference to its financial position as on March 31, 2020.
Fri, Mar 03, 2023
A five-day workweek like in many other sectors is a longstanding demand of bank employees and this could soon be a reality if the Indian Bank Association (IBA) – gives its nod to a proposal to give weekend offs to banks.
Wed, Aug 31, 2022
Despite improved navigation, most Indian banks still struggle to implement good search in their apps, such as when searching for app functionality or a particular transaction, the report mentioned.
Tue, Mar 22, 2022
Indian lenders are set to initiate debt recovery proceedings against Future Retail this week to safeguard their interests after rival Reliance unexpectedly took over some of the retailer`s stores.
Thu, Nov 21, 2019
Indian Govt to have a 'focused' view for the investigation of frauds after PMC Bank scam. Watch this video to find out more in details.
Sat, Oct 19, 2019
It's been 27 days of the ban on PMC bank, No justice for account-holders from RBI. Watch this video to know more.
Tue, Jul 30, 2019
State Bank of India (SBI) may cut its deposits rates for fresh funds across segments on Monday, in view of the falling interest rate scenario and surplus liquidity.
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.
Fri, Feb 08, 2019
Sources have said that next installment of recapitalisation will be in March, say sources. Watch the video to know more.
Tue, Oct 30, 2018
Reserve Bank of India has flagged the data sharing by the service provider in its Risk Assessment Report (RAR), which has been placed before the banks’ audit committees for a response.
Fri, Aug 17, 2018
The Indian government is giving citizens direct access and connectivity, shifting away from bureaucracy, observed Sandie Overtveld, vice president sales for Asia Pacific at Zendesk, a US-headquartered customer service software company.
Wed, Apr 18, 2018
According to the sources, under the Banking Act, the banks are not obliged to report loans that have been sanctioned. Section 45 of the Act allows banks to keep the information confidential.
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
Fri, May 05, 2017
The draft published on Gazette of India said, “Whereas the stressed assets in the banking system have reached unacceptably high levels and urgent measures are required for their resolution.”
Wed, May 03, 2017
Bad loans are one of the reasons why banks are currently suffering through higher provisions, deterioration in asset quality, higher slippages and thus lower earnings.
Wed, Mar 15, 2017
India's wholesale and retail inflation has inched up to 6.55% and 3.65%, respectively for February 2017.
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