Double-digit growth in deposits has eluded banks for a year now with the rate of growth of households savings moderating…
PNB has put on sale 21 accounts having `1,320 cr outstanding; Andhra Bank’s 53 entities have `2,549-cr debt; UBI’s 30…
Association says Aadhaar enrolments are not covered under the Banking Regulation Act, and banks should not be forced to adhere…
Over the last few months, the government has been discussing the possibility of introducing ATM-cum-debit-cum-transit cards with banks, said two…
State Bank of India (SBI) has completed the sale of its Rs 2,261-crore exposure to Bombay Rayon Fashions (BRFL) to…
State Bank of India (SBI) has now decided to club other banks’ exposures to the account and run the auction…
During June 2018, the UPI channel recorded 236 million transactions worth Rs 40,834 crore, as against 419 million card-based POS…
SBI is working to enable its apps with biometric authentication that will preclude the use of a dongle attached to…
The stress Kotak Mahindra Bank (KMB) has been experiencing in the small and medium enterprises (SMEs) segment is emerging largely…
Lenders led by State Bank of India (SBI) have invited bids to replace Lanco Devihalli as the concessionaire of an…
Mobile banking transactions have doubled between October 2017 and June when they crossed the 300-million mark to clock over 306…
A consortium of lenders, led by Canara Bank, has sought bids to replace Gammon Infrastructure Projects-owned Rajahmundry Godavari Bridge (RGBL)…
Kolkata-headquartered Allahabad Bank on Friday put on sale non-performing assets (NPAs) worth Rs 711 crore, including a Rs 165-crore exposure…
Given how every depositor gets a digital debit card, Paytm Payments Bank has in less than a year of its…
PSBs have put on sale NPAs worth Rs 8,706 crore since the signing of the ICA on July 23, implying…
Central Bank of India has decided to carry out a premature buyback of its upper tier-II bonds and innovative perpetual…
Up 57% from a year ago; NPAs lowered by `1.28 lakh crore versus `81,684 crore in the previous year
The number of large-value frauds at public sector banks (PSBs) fell nearly 30% to 1,902 in FY18 from 2,709 in…
