Regulators must be mindful of BigTech interlinkages with financial institutions: Financial Stability Report
Axis Bank appoints Amit Talgeri as Chief Risk Officer Axis Bank said in a statement. Additionally, Naveen Tahilyani has been appointed as Group Executive — Head Banking Operations and… By PTIDecember 31, 2019 14:08 IST
Bank holidays January 2020: Is bank open tomorrow or will you get your salary day later? Holidays in January 2020: The Reserve Bank of India (RBI) has announced a holiday on the first day of 2020… By FE News DeskUpdated: December 31, 2019 13:43 IST
RBI in 2019: History behind, Shaktikanta Das-led central bank charts new trails sans acrimony Shaktikanta Das completed one year at the helm on December 12. But challenges are galore for the nation’s chief money… By PTIDecember 31, 2019 11:10 IST
RBI to limit UCB’s exposure to single, group borrowers Banks will be required to bring down their existing exposures, which are in excess of the revised limits By FE BureauDecember 31, 2019 04:45 IST
NPA crisis not over yet: SBI may see corporate bad loans rise in second half of FY 20 SBI has, for quite some time, been following a policy of upfronting provisions in order to minimise shocks from credit… By FE BureauDecember 31, 2019 04:30 IST
Good news for borrowers: SBI cuts external benchmark lending rate, details here SBI’s external benchmark based lending rate is linked to the repo rate, which is currently at 5.15% after the December… By FE BureauDecember 31, 2019 04:15 IST
Amid crisis, DHFL receives claims of Rs 92,404 crore Lenders initially tried to resolve DHFL’s stress as per the RBI’s prudential norms on stressed assets resolution, under which lenders… By GuestDecember 31, 2019 03:30 IST
IL&FS reports standalone loss of Rs 13,275 crore in FY19 The company’s exposure to non-performing assets, expressed as “Stage 3” assets, increased to Rs 12,429.64 crore, compared with an exposure… By FE BureauDecember 31, 2019 03:15 IST
RBI proposes to tighten lending norms for UCBs; check details Earlier this month, the RBI Central Board had reviewed functioning of the urban cooperative banks and the enforcement framework. By PTIDecember 30, 2019 19:57 IST
Banks closed for 16 days in January: Check list of bank holidays in first month of year 2020 In the upcoming month of January, banks in India will remain closed for 16 days, which constitutes ten public holidays… By FE News DeskDecember 30, 2019 18:31 IST
FASTag made easier: Now use UPI and all these methods to pay for highway toll, parking, etc All authorised payment systems and other instruments including non-bank PPIs, cards and UPI will now be permitted for linking with… By FE News DeskUpdated: December 31, 2019 12:39 IST
IBC finds lost treasure for banks; other bad loan recovery tools fail to recreate same success While commercial banks recovered a whopping Rs 70,819 crore of stressed assets in FY19 under the government’s flagship scheme Insolvency… By FE News DeskDecember 30, 2019 17:29 IST
So close! Debit cards miss 1-billion mark; people junk plastic as Digital India moves on The number of debit cards in India is falling and has hit a two-year low. Having come strikingly close to… By FE News DeskDecember 30, 2019 15:49 IST
2019: Banking sector eyes better days on reforms, bad loan resolutions “Every fundamentals indicate towards higher growth and better future next year,” Finance Secretary Rajiv Kumar told PTI, reflecting strong optimism… By PTIDecember 30, 2019 11:55 IST
SBI cuts external benchmark-based rate by 25 bps SBI “has announced the reduction in its external benchmark-based rate (EBR) by 25 basis points to 7.80 per cent p.a… By PTIDecember 30, 2019 11:48 IST
HFCs’ share in realty loans doubles since 2016: RBI Meanwhile, the share of private sector banks rose to 30.41 per cent from 23.62 per cent, while the exposure of… By PTIDecember 29, 2019 16:23 IST
RBI blasts CRAs for allowing ‘rating shopping’ to large borrowers Rating shopping refers to how, a company or a debt paper manages to get same or better rating from another… By PTIDecember 29, 2019 15:05 IST
Inspection report of scam-hit PMC Bank yet to be finalised: RBI Replying to an RTI query, it said preliminary findings of the RBI indicated large-scale irregularities in the bank, warranting supersession… By PTIDecember 29, 2019 14:01 IST
Concerns with iron deficiency beyond anemia: Dr Rakesh Gupta explains risks, causes and warning signs
