Biggest banking fraud of Rs 34,615 crores: CBI files fresh case against DHFL’s erstwhile promoters Wadhawans
State Bank of India taking steps to counter impact of HDFC-HDFC Bank merger: SBI chairman Dinesh Khara
Baba Ramdev’s Patanjali to pay off Ruchi Soya lenders; another boost for lenders after Essar Steel In another boost for lenders under insolvency and bankruptcy code (IBC), the resolution plan for debt-ridden edible oil firm is… By FE News DeskDecember 16, 2019 14:44 IST
PNB under-reported bad loans by Rs 2,617 cr in FY19: RBI report Consequently, based on the divergence assessed by RBI in provisioning for bad loans, PNB said it would have reported a… By PTIDecember 15, 2019 08:58 IST
PNB under-reported bad loans by Rs 2,617 crore in FY19: RBI report In a regulatory filing on Saturday, PNB said the divergence in gross non-performing assets (NPAs) assessed by the central bank… By PTIDecember 14, 2019 22:22 IST
After 863-day wait, SBI set to recover this much as ArcelorMittal pays up for Essar Steel; what’s next for IBC After a long wait of 863 long days, banks including SBI, IDBI Bank, Canara Bank, PNB among others have recovered… By Sushruth SunderDecember 14, 2019 11:58 IST
Yes Bank expects third quarter to remain subdued, sees some improvement in revenue in Q4 Yes Bank had posted a consolidated net loss of Rs 629.1 crore for the September 2019 quarter due to a… By PTIDecember 13, 2019 20:30 IST
NHFC crisis poses more bad loan risks for banks: Report NBFCs have been facing liquidity crisis following the bankruptcy of IL&FS in September 2018. By PTIDecember 13, 2019 15:05 IST
Bad loans getting bigger: how NBFC lending can add to banks’ bad debt woes The report also said real estate companies are under significant stress, and tighter funding will further increase stress in the… By PTIUpdated: December 13, 2019 14:42 IST
PM Modi needs to kick-start lending as health check of shadow banks shows nascent recovery Of the two remaining measures, one gauge showed that total outstanding debt at 50 firms affected by the crisis remained… By BloombergDecember 13, 2019 10:34 IST
Poonawalla Finance debuts in digital lending space The company started lending operations in April 2019 with a focus on the retail segment with small-ticket size products under… By Geeta NairDecember 13, 2019 03:16 IST
BoB to sell its Trinidad and Tobago operations to ANSA merchant bank “ANSA Merchant Bank is enthusiastic about the prospects for the future and for the many exciting opportunities that this acquisition… By Bhavik NairDecember 13, 2019 03:14 IST
H1FY20: Volume of securitisation by NBFC-MFIs doubles “As on September 30, 2019, while securitisation volumes contributed to about 75% of the off-balance sheet portfolio of the NBFC-MFI… By FE BureauUpdated: December 13, 2019 09:41 IST
Mastercard ties up with Federal Bank for identity check security for digital transactions Mastercard Identity Check is a global authentication program that uses the latest authentication standards of EMV 3-D Secure to provide… By PTIDecember 12, 2019 17:12 IST
NBFC growth to hit decadal low of 6-8% in FY20: Crisil There are landmines on the asset quality front as well. Delinquencies are expected to inch up marginally for retail asset… By FE BureauDecember 12, 2019 02:24 IST
Is Yes Bank headed for nationalisation? Analysts and market watchers have roundly panned the lender’s choice of the relatively-obscure Canadian citizen Erwin Singh Braich, backed by… By FE BureauDecember 12, 2019 02:18 IST
NBFC woes seem to be far from over; these 3 concerns may lead to growth hitting a decadal low Falling growth rates, derisking of loan books and funding constraints are going to impact non-banking finance companies with their growth… By PTIDecember 11, 2019 18:27 IST
RBI must become matchmaker for Yes Bank before board chooses a suitor in hurry Yes, India’s fifth-largest private-sector lender, can’t be left adrift much longer. But the RBI is so distracted fighting other fires that… By BloombergDecember 11, 2019 10:36 IST
No turnaround at SBI: NPA divergences lead to net loss of Rs 6,968 crore in FY19 The revised gross NPA stood at Rs 1.84 lakh crore against the bank’s earlier reported figure of Rs 1.72 lakh… By FE BureauDecember 11, 2019 06:15 IST
Capital hunt! Yes Bank weighs Citax; no call on Braich yet Yes Bank’s search for capital has been getting more arduous as its disclosure of names of prospective investors ended up… By Shritama BoseDecember 11, 2019 06:09 IST
Sri Lanka vs Hong Kong Asia Cup 2025 Match Preview: Check predicted playing XI, head-to-head stats, weather and pitch report
‘Will not permit unnecessary allegations’: SC after SIT’s clean chit to Anant Ambani’s Vantara in temple elephant transfer case
