private banks

Mumbai: Government employees can now open salary accounts in 15 private banks

Mumbai: Government employees can now open salary accounts in 15 private banks

Now, the Maharashtra government has allowed its employees to open salary and pension accounts in the private banks. The only rider is tha...Read More

RBI modifies norms for undertaking government business by private banks

RBI modifies norms for undertaking government business by private banks

The Reserve Bank on Monday came out with modified guidelines that allow sound private sector banks to undertake government business, whet...Read More

RBI issues guidelines for tenure of bank CEOs, MDs; cannot be over 15 years

RBI issues guidelines for tenure of bank CEOs, MDs; cannot be over 15 years

The Reserve Bank of India (RBI) has issued instructions on governance for banks, including private banks, small finance banks, Wholly Own...Read More

Teji Mandi: Banking Sector Q3 Preview - Large private banks expected to sail through

Teji Mandi: Banking Sector Q3 Preview - Large private banks expected to sail through

The December quarter is expected to fare well for the larger private banks. The growth is returning after all! The Supreme Court’s impend...Read More

RBI panel bats for large corporate-backed private banks

RBI panel bats for large corporate-backed private banks

The P.K. Mohanty-headed working group was set up in June to examine and review the extant licensing and regulatory guidelines relating to...Read More

Is the Centre considering privatising more public sector banks?

Is the Centre considering privatising more public sector banks?

There are preparations to bring down the number of public sector banks from 12 to 5, Reuters reported on Tuesday.Sources in the governmen...Read More

Yes Bank bailout undermines depositor confidence in private banks: Moody’s

Yes Bank bailout undermines depositor confidence in private banks: Moody’s

The Yes Bank rescue has undermined confidence of depositors in private sector lenders and will lead to smaller entities losing deposits t...Read More

YES Bank saga shows the weakness of Indian financial system: Moody's

YES Bank saga shows the weakness of Indian financial system: Moody's

The moratorium imposed on YES Bank and subsequent rescue has highlighted the weaknesses in the Indian government's support for stressed p...Read More

RBI working to harmonise, simplify private bank norms: Banking sources

RBI working to harmonise, simplify private bank norms: Banking sources

The Reserve Bank of India is in the process of harmonising regulations on private sector banks issued over the years under various licens...Read More

IndusInd Bank Q3 net profit rises by 5 pc to Rs 985 cr

IndusInd Bank Q3 net profit rises by 5 pc to Rs 985 cr

New Delhi: Private sector lender IndusInd Bank today posted a marginal 5.2 per cent increase in net profit to Rs 985.03 crore for the thi...Read More

Bad loans: Advantage NBFCs & private banks

Bad loans: Advantage NBFCs & private banks

Last week, in his annual letter to shareholders of Kotak Mahindra Bank, Uday Kotak, the managing director, stated that private sector ban...Read More

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Indore: 412 branches shut, Rs. 600-crore trade affected due to bank strike

Indore: Acting on a call given for two-day nation-wide strike, 412 out of 485 branches of nationalised and private banks remained closed ...Read More

Now, private banks too are getting tarnished

Now, private banks too are getting tarnished

Stories about wheeling dealing that managements of private sector banks have indulged in have suddenly put dragged such banks into the sp...Read More

Private banks raise governance concerns

Private banks raise governance concerns

Controversies at two of India’s top three private banks have raised concerns, not merely about fraud and bad loan, but about the role of ...Read More

Agency banks, RBI offices to remain open till April 1

Agency banks, RBI offices to remain open till April 1

Mumbai: The Reserve Bank of India (RBI) has asked all agency banks — all public sector banks and some private banks — to remain open on a...Read More

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Accept payment in hospitals account: Government to private banks

BHOPAL: For the convenience of patients, the state government has issued a circular to private banks and has asked them to accept payment...Read More

Bankers to strike next month against anti-labour measures

Bankers to strike next month against anti-labour measures

Chennai: Around five lakh bankers will go on strike on September 2 protesting against the central government’s economic polices and anti-...Read More

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Banks to issue Simhastha debit cards

Ujjain : The Simhastha Fair area will go cashless this time. The nationalized and private banks have decided to go cashless. Banks will i...Read More

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IDBI Bank staff on strike against privatisation plan

Mumbai: Over 30,000 employees of IDBI Bank are on a one-day strike to protest government’s plans to privatise the lender by creating a Ax...Read More

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AIBEA unhappy with private bank executives heading PSBs

Vadodara: Bank unions today opposed the government’s move to rope in private sector executives to head state-run banks, calling it as an ...Read More

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