Page 97 of Banking

IDFC First Bank Managing Director and CEO V Vaidyanathan

IDFC First Bank MD Vaidyanathan gifts Rs 4 crore shares to 5 staff to buy houses, and it’s not the first time

21 February, 2022: At today’s closing price of Rs 43.9 per share on NSE, the value of 900,000 shares gifted…

Updated: February 22, 2022 11:48 IST

Significantly, lenders to Future Retail have started classifying loans to the retailer as NPAs after the company missed payments to the banks.

UCO Bank eyeing Rs 600-crore bad loans recovery in Q4: Soma Sankara Prasad, MD & CEO

Soma Sankara Prasad, MD & CEO, told FE that the bank is expecting cash recovery of Rs 400 crore and…

February 18, 2022 01:00 IST

Ind-Ra revises banking sector outlook to ‘improving’ for FY23; pegs credit growth at 10 pc

“We have revised the outlook on the overall banking sector to improving for FY23 from stable, as the banking system’s…

February 17, 2022 15:45 IST

BharatPe CEO Suhail Sameer says interim report on governance lapses in 2 weeks

He requested them to keep their trust in the leadership amid co-founder Ashneer Grover’s tussle with the company’s board and…

February 11, 2022 15:17 IST

On its part, Das said, the Reserve Bank has been and will continue to insulate the domestic economy and financial markets from these spillovers.

RBI Governor Shaktikanta Das exhorts banks to continue process of capital argumentation

In a global environment rendered highly volatile and uncertain by diverging monetary policy stances, geo-political tensions, elevated crude oil prices…

February 10, 2022 17:55 IST

budget 2022, union minister, nirmala sitharaman, post office, digital banking, banking, fintech, ATM, digital transfer, finance minister

Budget 2022: Integrating 1.5 lakh post offices with core banking a big push to digital economy, say experts

The government’s decision to integrate 1.5 lakh post offices with core banking will enable financial inclusion and access to accounts…

February 1, 2022 12:24 IST

Budget 2022 Wishlist: Partial privatization of public sector banking will be a bold, transformative move

Though the government has announced the privatization of two PSBs in the previous Budget, the progress has been slow. A…

Updated: February 1, 2022 08:24 IST

Union Budget 2022: Banking sector needs a booster dose; digitising BFSI to help overall economy

In the upcoming Budget, introduction of a special regulatory and taxation regime to cover various aspects of the cryptocurrency digital…

January 30, 2022 12:52 IST

For these remaining accounts, the process of transfer is still on in a phased manner and will be completed over the next year.

Banks to transfer 15 accounts worth Rs 50,000 crore to NARCL in FY22

A total of 38 accounts aggregating to Rs 82,845 crore have been identified for transfer to NARCL.

January 29, 2022 01:45 IST

The scheme as sanctioned by the government would come into force on such date as the they may specify, as per the Act. (File)

PMC Bank merger with Unity Small Finance Bank awaits govt approval

The draft scheme envisages a takeover of the assets and liabilities of PMC Bank, including deposits, by USFB, giving a…

January 16, 2022 16:30 IST

Investment banking trends: Year 2022 may create new business opportunities on higher growth expectations

The year 2021 proved to be a bountiful year for investment bankers with unprecedented opportunities emerging across various verticals in…

December 31, 2021 14:53 IST

Indian banks’ asset quality strong enough to handle shocks, says RBI; acknowledges omicron worries

The probability of a decline in bad loans still remains high, experts said, adding that banks will largely be able…

December 30, 2021 16:43 IST

FE Best Banks Awards: Know who gets the Lifetime Achievement Award

They don’t make them like Arundhati Bhattacharya any more. A public sector CEO with the confidence to say no with…

Updated: June 4, 2025 12:36 IST

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Young humpback whale euthanised after getting caught in fishing net – stuck 45 hrs

World News26 min ago

A young humpback whale, dubbed ‘Hope’, was spotted near San Marine in Oregon and remained beached for 45 hours before being euthanised on Monday. Rescue efforts, including the use of harness and pulley, were unsuccessful due to the whale’s massive size and the rapidly changing situation. Despite the community’s efforts and prayers, euthanasia was deemed the most humane option.

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