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Category: Finance
Will the proposed Bad Bank cure India’s banking sector?...
A Bad Bank, or even a network of bad banks, will not make the losses disappear. The losses, or non-performing loans, transferred t...
RBI announces second round of G-SAP to keep yields in c...
The first two auctions conducted by the RBI under the first G-SAP programme helped keep interest rates benign for 91-day T Bills, ...
‘RBI’s Rs 16,000 crore special liquidity facility to Si...
"Further, it will help the MFIs provide financing support to their customers and resume normalised disbursements once the lockdown...
Digital banking: Guess who could laugh all the way to t...
Digital banking has reached such levels of disruption that the disrupted are unaware of disruptors racing ahead.
RBI incentivises lenders to create Covid loan book for ...
“In order to mitigate the adverse impact of the second wave of the pandemic on certain contact-intensive sectors, a separate liqui...
PNB expects to triple FY22 net profit, identifies Rs 8,...
PNB on Friday reported a net profit of Rs 586 crore for the quarter ended March 31, 2020, on the back of higher net interest incom...
UCO Bank again urges Reserve Bank of India to consider ...
The RBI had initiated PCA for the Kolkata-based lender in May 2017 in view of high non-performing assets and negative return on as...
Union Bank of India reports Rs 1,330-crore net as asset...
The non-interest income grew 50% quarter-on-quarter (q-o-q) and 23% y-o-y to Rs 4,551 crore, mainly on account of recovery in the ...
India’s bank privatisation may be delayed: Fitch
The plan, announced in the Budget in February, is part of the government's broader divestment goals for FY22, and includes privati...
First phase: Rs 89k-crore loans to be moved to NARCL
The chairman of Indian Banks’ Association (IBA), Rajkiran Rai G, said banks have identified accounts which can go to the ARC in th...
RBI asks banks not to delete CCTV footage from 2016 dem...
The move is aimed at helping enforcement agencies in their probe against illegal accumulation of new currency notes during the dem...
Lockdown set to hit Bajaj Finance’s FY22 AUM growth
The company said it has taken several measures to reduce its operating expenses and cost of funds to partially mitigate the financ...