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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IBA: Banks will not end free services

Mumbai : The Indian Banks’ Association on Wednesday clarified that social media rumours that all free services provided by banks would ce...Read More

Cyber shock! Bank details of Indians available online for merely Rs 500

Cyber shock! Bank details of Indians available online for merely Rs 500

In what could send shivers down the spine of credit and debit card users, Madhya Pradesh cyber cell found that detailed information about...Read More

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Banks need $65 bn additional capital to meet Basel III norms

Mumbai : Indian Banks will require about $65 billion in additional capital, lower than estimated earlier, to meet the Basel III capital a...Read More

Banks need Rs 95 crore capital, stressed assets to rise: Moody’s

Banks need Rs 95 crore capital, stressed assets to rise: Moody’s

New Delhi : Stressed assets of Indian banks will increase through 2019 and capitalisation will remain a key credit weakness for state-own...Read More

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RBI forms panel on cyber security

NEW DELHI : Concerned over the possible cyber attacks on the Indian banks, the Reserve Bank of India (RBI) on Tuesday set up an inter-dis...Read More

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‘Indian banks take more risk during higher credit growth’

New Delhi : Indian banks tend to take more risks during times of higher credit growth while the non performing loans of private sector le...Read More

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Banks vulnerable to profit decline amid rising bad loans, says IMF

Washington : Indian banks are vulnerable to further decline in profits as they face slow credit growth and elevated non-performing assets...Read More

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