
On August 5, the Centre had abrogated Article 370 provisions that gave special status to J-K and bifurcated the erstwhile…
In a BSE filing, the lender said it has received notice by the All India Bank Employees’ Association, Bank Employees…
The year-on-year numbers for MSME lending are up. Accounts eligible for restructuring as per the RBI scheme have been restructured.
The bank said the membership of its employees in the unions participating in the strike is small and so the…
At the operational level, lower level committees for various departments meet.
The value of UPI transactions has breached Rs 2 lakh crore mark in December, witnessing a 100% rise on-year. It…
The bank will offer the all facility with zero merchant discount rate (MDR).
In the year-ago fortnight, banks’ advances stood at Rs 92.87 lakh crore, while deposits were at Rs 118.16 lakh crore.
All these NPAs will be sold through e-auctions during January. In a notice issued on Thursday, SBI said it will…
The main functions of BoMs include recommending action for recovery of NPAs, one-time settlement and assisting the board in monitoring…
The growth in bank credit to the services sector slid to 4.8% year-on-year in November against 28.1% a year ago,…
Even as the commercial paper (CP) market veered towards better-performing NBFCs leaving out other non-banks, issuances by public sector undertakings…
This was conveyed by Uday Kotak, chairman of the government-appointed board of the insolvent infrastructure lender, on Tuesday while addressing…
The rules for securitisation transactions were first relaxed on November 29, 2018, months after a liquidity crisis emerged in the…
After the preferential issue and qualified institutional placement earlier in December, the total capital raised by the lender stood at…
The decision assumes significance against the backdrop of a scam at Punjab and Maharashtra Cooperative Bank leading to hardships to…
Asset quality pressures, liquidity squeeze, asset-liability mismatches, higher borrowing costs, rising defaults levels and rating downgrades made 2019 a tumultuous…
By June 2016, the exposure of PSU banks in the realty sector was 48.57 per cent, which has steeply fallen…