Merchants with expected inward UPI transactions worth up to Rs 50,000 per month will be eligible for acquisition under the…
Banks are working with auto dealers who have utilised all their inventory funding limits, PK Gupta, MD – retail and…
As per financial criteria set by the bank, corporates who put in a bid must have a minimum tangible net…
The bank’s Rs 1,928-crore exposure to the public-private partnership (PPP) is understood to have been classified as a non-performing asset…
In a master circular on July 1, 2015, the Reserve Bank of India (RBI) had said no additional facilities should…
The SPV operating the project is called Sidhi-Singrauli Road Projects and it owes its lenders Rs 564 crore.
Improved liquidity situation may not translate into lower deposit rates as banks remain wary in an environment of slow deposit…
More consumers opting to buy second-hand cars as prices of new cars have shot up
In mobile banking volumes, SBI’s FY19-end market share fell to 15.01% from 21.2% a year ago. The bank’s market share…
The growth has come in from retail assets, which is the new division outside microfinance, and from microfinance as well.…
Outcome of large insolvency cases crucial, fresh risks from exposures to agri, realty, NBFCs
Outcome of large insolvency cases crucial, fresh risks from exposures to agri, realty, NBFCs
Chennai-based Indian Bank has sought bids from merchant bankers to run the process for its equity fund-raise worth up to…
ICICI Securities on Wednesday sought bids for IDBI Bank-owned IDBI Asset Management and IDBI MF Trustee Company as part of…
State Bank of India (SBI) on Tuesday put on sale four non-performing assets (NPAs) worth Rs 230 crore on a…
PS Jayakumar, MD and CEO attributed the loss to accelerated provisioning for some accounts and ageing provisions of `900-1,000 crore…
Banks may be apprehending larger slippages in the quarters ahead, with provisions made by a clutch of private sector banks…
The State Bank of India (SBI)-led consortium of lenders to Coastal Energen, which owes them Rs 8,176 crore, on Monday…
