Banking & Finance HDFC Bank to report Q4 numbers today: Analysts expect modest 7% growth in profit, NII likely to post single-digit rise Banking & Finance
Bharat Bandh: Many ATMs go dry due to strike; Banking services impacted Several ATMs went dry by the evening as people rushed for cash withdrawal as they had prior information about the… By PTIJanuary 8, 2020 19:16 IST
SBI Chairman Rajnish Kumar says banks will see good Q3, Q4 on resolution of large NPAs The time taken for resolution of bad loans is also likely to reduce going ahead with stronger resolution mechanism, he… By PTIJanuary 8, 2020 16:51 IST
Bank strike hits customers: Cash deposit, withdrawal among other services severely affected An estimated number of 25 crore people have taken part in this strike putting India’s financial system on hold. By FE News DeskJanuary 8, 2020 13:11 IST
Banking services may be hit due to trade unions’ strike on January 8 Various bank employee associations, including AIBEA, All India Bank Officers’ Association (AIBOA), BEFI, INBEF, INBOC and Bank Karmachari Sena Mahasangh… By PTIJanuary 7, 2020 14:52 IST
Bank strike amid Bharat Bandh: ATMs, banks services to be hit on 8 January The SBI has assured that its employees will have limited participation in the strike, hence the impact on its services… By FE News DeskJanuary 7, 2020 13:20 IST
Syndicate Bank surpasses Rs 5 lakh crore business mark The bank achieved this milestone on the back of every business unit contributing in its full capacity which included retail,… By PTIUpdated: January 6, 2020 22:27 IST
State Bank of Mauritius signs MoU with PayNearby to build ‘open banking’ network The partnership would enable the bank to offer complete suite of digital and assisted banking solutions through PayNearby’s exhaustive network… By PTIJanuary 6, 2020 15:24 IST
Vijay Mallya cannot use pendency of plea to stall insolvency proceedings against him: SC Mallya had approached the apex court on June 27 seeking a stay on the confiscation of properties owned by him… By PTIJanuary 6, 2020 11:58 IST
Karur Vysya Bank CEO, MD P R Seshadri resigns Seshadri, submitted his resignation vide letter dated January 4, 2020 citing personal reasons. By PTIJanuary 6, 2020 11:15 IST
All is not lost! UCO Bank recovers Rs 800-Rs 900 crore from four stressed accounts At the end of the second quarter, the Kolkata-based bank’s gross NPAs, in absolute terms, stood at Rs 25,665.14 crore,… By FE BureauJanuary 5, 2020 01:43 IST
RBI okays this benefit to J-K bank borrowers hit by events after scrapping of Article 370 On August 5, the Centre had abrogated Article 370 provisions that gave special status to J-K and bifurcated the erstwhile… By PTIJanuary 4, 2020 19:32 IST
Syndicate Bank taking steps for smooth functioning of branches on January 8 In a BSE filing, the lender said it has received notice by the All India Bank Employees’ Association, Bank Employees… By PTIJanuary 4, 2020 14:26 IST
SBI likely to exit FY20 with single-digit credit growth: PK Gupta, MD, Retail & Digital Banking, SBI The year-on-year numbers for MSME lending are up. Accounts eligible for restructuring as per the RBI scheme have been restructured. By GuestJanuary 4, 2020 02:50 IST
Six bank unions to strike work on Jan 8 in support of central TUs The bank said the membership of its employees in the unions participating in the strike is small and so the… By FE BureauJanuary 4, 2020 02:28 IST
Allahabad-Indian Bank merger: Harmonisation likely by mid-February At the operational level, lower level committees for various departments meet. By Mithun DasguptaJanuary 4, 2020 02:02 IST
Sarkari UPI takes India’s digital payments by storm: Transactions cross this crucial value mark The value of UPI transactions has breached Rs 2 lakh crore mark in December, witnessing a 100% rise on-year. It… By FE News DeskUpdated: January 4, 2020 11:29 IST
Bank of Baroda bags contract from MCGM for online payment services The bank will offer the all facility with zero merchant discount rate (MDR). By PTIJanuary 2, 2020 22:10 IST
Bank credit grows 7.10 per cent to Rs 99.47 lakh crore; deposits up 10 per cent to Rs 130 lakh crore In the year-ago fortnight, banks’ advances stood at Rs 92.87 lakh crore, while deposits were at Rs 118.16 lakh crore. By PTIJanuary 2, 2020 20:47 IST
