banking

Budget 2019: NPAs worth Rs 4 lakh crore recovered in past four years

Budget 2019: NPAs worth Rs 4 lakh crore recovered in past four years

The government has recovered non-performing assets (NPAs) worth Rs 4 lakh crore over the past four years, Finance Minister Nirmala Sithar...Read More

Performance of banking system improved as NPA ratios declined: Economic Survey

Performance of banking system improved as NPA ratios declined: Economic Survey

"Eco-system for insolvency and bankruptcy getting systematically built out, leading to recovery and resolution of a significant amount of...Read More

Sensex sheds 248 pts; banking stocks low

Sensex sheds 248 pts; banking stocks low

Mumbai: Snapping its three-day rising streak, the BSE Sensex dropped 248 points on Wednesday led by losses in banking, metal and auto sto...Read More

Sensex rises over 150 points; Nifty tests 11,700

Sensex rises over 150 points; Nifty tests 11,700

Mumbai: The benchmark BSE Sensex jumped over 150 points in early trade Wednesday, led by gains in oil and gas, banking and IT stocks, ahe...Read More

Bhopal: Block chain will play a huge role in future banking

Bhopal: Block chain will play a huge role in future banking

“Block Chain technology is a platform where not only the digital currency but also any content can be digitalised and its record can be k...Read More

Bhopal: Blockchain technology will change future of banking

Bhopal: Blockchain technology will change future of banking

The requirement of Audit Planning by CA’s with respect to Statutory Bank Audits was explained by CA Nayan Kothari from Vadodra at a two d...Read More

You may be paying for these 5 banking services, unknowingly

You may be paying for these 5 banking services, unknowingly

Mumbai: Everybody complains about exorbitant charges and penalties charged by banks ranging from non maintenance of minimum balance to de...Read More

FREE PRESS BUDGET DECODER

FREE PRESS BUDGET DECODER

Income TaxNo tax till Rs 5 lakh income,still ITR has to be filed: Rathi

Sensex soars 665 points ahead of Union Budget

Sensex soars 665 points ahead of Union Budget

Mumbai: BSE benchmark Sensex zoomed over 650 points while the NSE Nifty reclaimed the 10,800 mark on Thursday on value buying in banking,...Read More

Finance minister Piyush Goyal to meet heads of PSU banks today

Finance minister Piyush Goyal to meet heads of PSU banks today

New Delhi: Finance Minister Piyush Goyal will meet the CEOs of public sector banks today to take a stock of the banking sector, and discu...Read More

Lessons to be learnt about NPA recovery

Lessons to be learnt about NPA recovery

The recently published Report on Trend and Progress of Banking in India 2017-18 (https://www.rbi.org.in/Scripts/AnnualPublications.aspx?h...Read More

BoB finalises share swap ratio for merger of Vijaya Bank, Dena Bank

BoB finalises share swap ratio for merger of Vijaya Bank, Dena Bank

New Delhi: Bank of Baroda (BoB) today finalised the share swap ratio for merger of Vijaya Bank and Dena Bank with itself. As per the Sche...Read More

Capital First merges with IDFC Bank to create IDFC First Bank

Capital First merges with IDFC Bank to create IDFC First Bank

New Delhi: New generation private sector IDFC Bank and non-banking financial company Capital First announced the completion of their merg...Read More

Biggest bank fraud and RBI Governor’s resignation mark a dismal banking year

Biggest bank fraud and RBI Governor’s resignation mark a dismal banking year

New Delhi, (IANS): The year leading up to the 2019 general elections was defined by a slowdown in investment, slackening growth, falling ...Read More

Your personal data could be up for sale!

Your personal data could be up for sale!

Moscow: Your complete digital life — including data from your social media accounts, banking and credit card details — can be sold by cyb...Read More

Indore: Union Bank of India cleared loans worth Rs. 8 crore loans in 48min/applicant’

Indore: Union Bank of India cleared loans worth Rs. 8 crore loans in 48min/applicant’

Following Prime Minister Narendra Modi’s initiative for MSMEs to get loan up to Rs 1 crore in just 59 minutes, Union Bank of India, the 5...Read More

Yes Bank loses one more director, promoters seek board overhaul

Yes Bank loses one more director, promoters seek board overhaul

New Delhi: In a third resignation from the Yes Bank board, independent director Rentala Chandrashekhar Monday put in his papers, accordin...Read More

Govt to raise Rs 14,000 crore via 4th tranche of CPSE 

Govt to raise Rs 14,000 crore via 4th tranche of CPSE 

New Delhi: The government will next week launch the fourth tranche of CPSE Exchange Traded Fund to garner up to Rs 14,000 crore, investme...Read More

RBI’s PCA norms stricter than global, says government

RBI’s PCA norms stricter than global, says government

New Delhi: In a fresh push to get the RBI to relax norms for prompt corrective action (PCA), the government is likely to cite an assessme...Read More

Mutual funds exposure to banks hits  3-month low

Mutual funds exposure to banks hits 3-month low

New Delhi: Mutual funds’ holding of banking stocks declined by over Rs 21,600 crore to Rs 1.88 lakh crore in September, driven by the cor...Read More

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