banks

NBFC loan growth set to hit a decadal low of 6-8%: Report

NBFC loan growth set to hit a decadal low of 6-8%: Report

With the headwinds unlikely to dissipate soon, non- banks, especially the wholesale-focused ones without strong parentage

DHFL asks banks to submit claims by December 17

DHFL asks banks to submit claims by December 17

Financial creditors have been asked to submit their claims through electronic means, and other creditors may submit their claims in perso...Read More

Indore: Privatisation of banks not in interest of common people

Indore: Privatisation of banks not in interest of common people

Merger of banks will be resisted.

Bhopal: Bhanot asks banks to accept pensioner digital life certificate

Bhopal: Bhanot asks banks to accept pensioner digital life certificate

A delegation of the pensioners’ organisations has met the minister and raised their issues of submitting pensioner’s life certificate in ...Read More

Are millennials spawning next wave of NPA piles for banks?

Are millennials spawning next wave of NPA piles for banks?

The number of millennials, - those born after 1980 - opting for a new loan grew 58% as against a 14% growth in the non-millennial segment...Read More

Moody's lowers outlook on SBI, HDFC Bank, 4 other fin cos to negative

Moody's lowers outlook on SBI, HDFC Bank, 4 other fin cos to negative

It also lowered the rating outlook for Hero FinCorp Ltd, Export-Import Bank of India, and Indian Railway Finance Corp Ltd.

Maharashtra: Public sector banks will follow these timings from now on

Maharashtra: Public sector banks will follow these timings from now on

From today, the public sector banks in Maharashtra will work according to their new timings. The new time table has been framed by the st...Read More

Banks come full circle on their failings

Banks come full circle on their failings

The Modi Government has thankfully and boldly abstained from interfering in the working of Public Sector Banks (PSBs). Bank officials are...Read More

Dilute stake in banks below 50%: Abhijit Banerjee’s solution to end paralyses in banking sector

Dilute stake in banks below 50%: Abhijit Banerjee’s solution to end paralyses in banking sector

New Delhi: Describing the current crisis in the country as frightening, Nobel laureate Abhijit Banerjee on Tuesday did not mince words wh...Read More

How banks, office and government verifies your PAN Card details

How banks, office and government verifies your PAN Card details

For your financial transactions, Permanent Account Number (PAN) holds a significance and you need this crucial document while taking a ho...Read More

No liquidity problems faced by financial institutions: Nirmala Sitharaman

No liquidity problems faced by financial institutions: Nirmala Sitharaman

New Delhi: Describing her meeting with the bankers as a "tonic", Finance Minister Nirmala Sitharaman said on Thursday that there is no li...Read More

Banks' credit must grow 12 percent to meet USD-5 trillion economy target: SBI MD

Banks' credit must grow 12 percent to meet USD-5 trillion economy target: SBI MD

Kolkata: The credit from banks must grow by 12 per cent every year to meet the Centre's target to achieve a USD 5-trillion economy within...Read More

Banks to hold public meets with NBFCs in 400 districts to give credit: FM

Banks to hold public meets with NBFCs in 400 districts to give credit: FM

New Delhi: Finance Minister Nirmala Sitharaman on Thursday said public sector banks will hold meetings with NBFCs and retail borrowers in...Read More

Banks take advantage of ambiguities

Banks take advantage of ambiguities

Over the past five years, the volume of digital payments has grown by a factor of 10 and an additional growth of 10 times in three years ...Read More

Banks re-positioned for USD 5 trillion economy

Banks re-positioned for USD 5 trillion economy

The minister hyped it as a major reform, claiming that it will usher in "a strong financial system." This is the second round of mergers ...Read More

63 percent banks reported decline in NPAs in infrastructure sector over the last six months: Ficci-IBA Survey

63 percent banks reported decline in NPAs in infrastructure sector over the last six months: Ficci-IBA Survey

New Delhi: The proportion of banks citing reduction in non-performing assets (NPAs) stood at 52 per cent in the January-June period as ag...Read More

VG Siddhartha's death: Vijay Mallya says government agencies, banks can drive anyone to despair

VG Siddhartha's death: Vijay Mallya says government agencies, banks can drive anyone to despair

Body of VG Siddhartha, founder of Cafe Coffee Day and son-in-law of former Karnataka CM SM Krishna was found on the banks of Netravati Ri...Read More

Jet Airway accepts 34% of Rs 249 billion claims received till July 4

Jet Airway accepts 34% of Rs 249 billion claims received till July 4

Of the total, claims worth nearly Rs 85 bn or 34%, entirely belonging to the financial creditors such as banks and financial institutes.

After banks, government may recapitalise PSU insurers prior to restructuring

After banks, government may recapitalise PSU insurers prior to restructuring

New Delhi: After banks, the government may capitalise public sector general insurers this year to improve their finances and get them rea...Read More

Let banks recover dues from personal assets of defaulters: Bank unions

Let banks recover dues from personal assets of defaulters: Bank unions

Bank unions have called up on finance minister Nirmala Sitharaman to enact strong recovery laws with a provision to confiscate personal a...Read More

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