Banking system
Aug 13, 2020 06:17
Senior bankers said PSBs, which collectively are the biggest lenders of working capital and term loans to corporates, tend to lose out to private peers both in domestic and foreign cash management business. read more
Jul 29, 2020 22:55
The meeting discussed the crucial role of the financial and banking system of supporting growth, the Prime Minister’s Office (PMO) said read more
Jul 11, 2020 04:45
In a suo moto petition, the court took up the period of limitation expiring under various laws that could possibly be hit due to the present Covid-19 situation across the country which had forced several parts of the country to come under lockdown. read more
Nov 20, 2019 00:20
The banking regulator said access codes were given to “problematic accounts” to ensure “restricted visibility”, and these accounts could be accessed only by 25 of the bank’s 800 employees. read more
Nov 10, 2019 08:40
Some developers are already holding off on planned projects. Two of Dubai’s homegrown billionaires are now calling for a pause to new development. Khalaf Al Habtoor, who once added 1,600 hotel rooms to the city through one project, said the market is... read more
Oct 31, 2019 16:27
The clarification comes amidst media report indicating the government move to launch amnesty scheme that will allow individuals and entities to declare their unaccounted gold holding without risk of being prosecuted. read more
Sep 27, 2019 02:02
India’s economic growth is expected to recover in the last two quarters of the current financial year since consumer demand is expected to pick up during the festive season, the finance minister added. read more
Sep 09, 2019 11:50
More than 2.4% of total loans in India’s banking system may be under stress on top of the 9.6% bad debt ratio as of June, the highest among major economies, Credit Suisse estimates shows. read more
Sep 07, 2019 23:40
The Rajya Sabha MP from Rajasthan said the country needs principled, knowledgeable and visionary leaders in times to come to strengthen democracy. read more
Sep 04, 2019 13:42
Three private banks had NPA of less than 2% and eight had between 2-5% and five between 5-10%. IDBI Bank, UCO Bank and Indian Overseas Bank had NPA ratio of above 20% and one was very near at 19.9%. read more
Aug 19, 2019 21:08
The BJP government should not reject a good and timely idea purely on the basis of who came up with it read more
Jul 30, 2019 14:08
All banks are supposed to list on their websites unclaimed deposits and accounts that are inactive for more than 10 years. read more
Jul 07, 2019 10:27
PNB has been defrauded of over $2 billion in a separate scam that came to light last year. read more
Jul 05, 2019 07:29
In addition, the Survey highlights several positive changes in the social and health sectors such as an increase in the participation of women in the banking system, the declining maternal mortality ratio (MMR), among others. read more
Jun 28, 2019 07:13
Non-bank lenders have seen their source of funds suddenly dry up after a series of defaults by Infrastructure Leasing & Financial Services Ltd that triggered a liquidity crisis. read more
