Indian banks

Indian banks back in UK court to pursue Vijay Mallya bankruptcy order

Indian banks back in UK court to pursue Vijay Mallya bankruptcy order

A consortium of Indian banks led by the State Bank of India (SBI) was back for a High Court hearing in London on Friday in pursuit of a b...Read More

Systemic risk in Indian banks to remain high: S&P

Systemic risk in Indian banks to remain high: S&P

S&P estimates the weak loans in banks at 11-12 per cent of gross loans. "We forecast credit losses will decline to 2.2 per cent of total ...Read More

HC allows China's ByteDance to operate Indian bank accounts

HC allows China's ByteDance to operate Indian bank accounts

The Bombay High Court on Tuesday permitted Chinese company ByteDance to operate its Indian bank accounts, that had been frozen by the Goo...Read More

Risk of a sharp fall in Indian banks' asset quality has receded: Report

Risk of a sharp fall in Indian banks' asset quality has receded: Report

The Indian government's support measures for bank borrowers have softened growth in non-performing loans (NPLs), averting the risk of a s...Read More

COVID-19 impact: Moody's changes outlook on Indian banks from stable to negative

COVID-19 impact: Moody's changes outlook on Indian banks from stable to negative

Moody's Investors Service on Thursday changed the outlook for Indian banking system to negative from stable, as it expects deterioration ...Read More

Fitch cuts Indian banks' operating environment score to ''bb'' from ''bb+''

Fitch cuts Indian banks' operating environment score to ''bb'' from ''bb+''

Fitch Ratings on Thursday cut the operating environment mid-point score for Indian banks to "bb" from "bb+" as it expects impact of the c...Read More

Fitch: Indian banks to write off more loans

Fitch: Indian banks to write off more loans

The state-owned banks account for around 90 per cent of impaired loan stock, and have cumulatively written off nearly USD 30 billion in b...Read More

Indian banks need USD 7 billion more cap: Fitch

Indian banks need USD 7 billion more cap: Fitch

In its 2020 Outlook for 'Asia-Pacific Emerging Market Banks', the rating agency maintained a negative outlook on Indian banks

Most Indian banks fail on policies of climate change, human rights: Fair Finance Guide India

Most Indian banks fail on policies of climate change, human rights: Fair Finance Guide India

This inaction leaves banking sector vulnerable to investment risks

Banks want to see some cash

Banks want to see some cash

MUMBAI: Indian banks seem to be on a clean up spree before the financial year ends on March 31. Nearly Rs 715 billion of bad loans have b...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

Indian banks in their attempt to recoup unpaid debt worth nearly 1.145 billion Pounds

Indian banks in their attempt to recoup unpaid debt worth nearly 1.145 billion Pounds

London: TLT LLP, the UK-based law firm which had won a landmark case for the 13 banks led by State Bank of India (SBI) earlier this year,...Read More

Banks get UK court nod to sell Vijay Mallya’s yacht

Banks get UK court nod to sell Vijay Mallya’s yacht

London: A consortium of Indian banks led by the State Bank of India (SBI) has secured a UK High Court order as part of efforts to help th...Read More

Indian banks prone to hacking

Indian banks prone to hacking

 New Delhi/Pune : Cyber security experts on Tuesday questioned the preparedness of the Indian banks in case of a massive security breach ...Read More

Indian banks take about Rs 70,000-cr hit due to frauds in last 3 fiscals

Indian banks take about Rs 70,000-cr hit due to frauds in last 3 fiscals

New Delhi: Indian banks reported a total loss of about Rs 70,000 crore due to frauds during the last three fiscals up to March 2018, the ...Read More

Banks work closely with UK agencies to recover Mallya dues

Banks work closely with UK agencies to recover Mallya dues

New Delhi : Indian banks are working very closely with various agencies, including in the UK, to recover maximum out of assets owned by V...Read More

Rs 963 crore recovered from Vijay Mallya’s Indian assets, hope to recover significant part from UK asests: SBI MD

Rs 963 crore recovered from Vijay Mallya’s Indian assets, hope to recover significant part from UK asests: SBI MD

New Delhi: Indian banks are working very closely with the UK authorities to recover maximum out of assets owned by Vijay Mallya after a B...Read More

Abandoned Jharkhand power plant may bleed Indian banks by USD 38 billion

Abandoned Jharkhand power plant may bleed Indian banks by USD 38 billion

Mumbai: An abandoned Jharkhand power plant could be the new bloated bad asset around the neck of Indian banks. Only this time, the bad lo...Read More

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RBI’s investment fluctuation reserve norms are positive for banks: Moody’s

Mumbai : The Reserve Bank of India’s guidelines for banks to create an investment fluctuation reserve are credit positive for Indian bank...Read More

RBI announces special measures on March 31 for government accounts

RBI announces special measures on March 31 for government accounts

Mumbai: The Reserve Bank of India (RBI) has announced special measures for transaction of central and state government business by banks ...Read More

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