Banking

Axis Bank Posts Surprise Loss Of Rs 2,189 Crore in Q4 

Business | Thomson Reuters | Thursday April 26, 2018

Axis Bank's gross bad loans as a percentage of total loans rose to 6.77 per cent at end-March.

Post Office Recurring Deposit Vs Post Office Fixed Deposit: Interest Rate, Minimum Amount

Business | NDTV Profit | Thursday April 26, 2018

India Post offers both recurring deposits and term or fixed deposits under its banking products.

Nirav Modi In New York, Travelling On Cancelled Passport: Sources

India News | Reported by Neeta Sharma, Edited by Deepshikha Ghosh | Thursday April 26, 2018

Celebrity jeweller Nirav Modi, wanted in India for loan fraud, is reportedly still travelling on his Indian passport, which was cancelled by the government in February. He is believed to be in New York.

Yes Bank Quarter Four Profit Rises 29% To Rs 1,179 Crore

Business | Thomson Reuters | Thursday April 26, 2018

Analysts on average estimated Yes Bank's profit at Rs 1,099 crore.

Bihar Railway Police Seeks Occultist "Ghoda Baba's" Help To Solve Theft Case

India News | Indo-Asian News Service | Wednesday April 25, 2018

The Government Railway Police or GRP personnel in Bihar's Siwan district are banking on a "tantrik" or occultist to crack a case of theft, a police officer said on Wednesday.

Savings Bank Account Interest Rates: SBI, HDFC Bank, ICICI Bank Vs ESAF, AU, Ujjivan, Fincare

Business | NDTV Profit Team | Thursday April 26, 2018

When it comes to depositing their money, people often go for popular banks like State Bank of India (SBI), ICICI Bank, and HDFC Bank, among others.

What Is SBI Multi-Option Deposit? Interest Rates, Loan Facility And Other Details

Business | NDTV Profit Team | Thursday April 26, 2018

The minimum term or fixed deposit amount needed for State Bank of India's (SBI) MOD creation is Rs 10,000.

Hit By Bad Loans, PNB To Hire Detective Agencies To Locate Untraceable Borrowers

Business | Pres Trust of India | Wednesday April 25, 2018

PNB had gross NPAs of Rs 57,519 crore or 12.11% of gross advances as of December 2017.

SBI's Different ATM-Cum-Debit Cards: Here's All You Need To Know

Business | NDTV Profit Team | Wednesday April 25, 2018

State Bank of India (SBI) is offering a host of different cards such as platinum international debit card, gift card etc.

SBI Doesn't Require You To Maintain Minimum Balance In This Account

Business | NDTV Profit Team | Wednesday April 25, 2018

PMJDY focuses on coverage of households as against the earlier plan which focused on coverage of villages.

Raghuram Rajan May Be In Race For Top Post At Bank Of England: Report

Business | Indo-Asian News Service | Monday April 23, 2018

Raghuram Rajan is currently a professor of Finance with the University of Chicago at Booth School of Business.

Infrastructure Lending May Take A Back Seat, Say Bankers

Business | NDTV Profit Team | Monday April 23, 2018

Owing to certain stringent criterion in the new framework, which includes one-day reporting of defaults, lenders have asked for some leniency but the RBI has not granted any relaxation to its February 12 circular.

IRCTC Online Transactions: What You Pay On Net Banking, Card Payments

Business | NDTV Profit Team | Tuesday April 24, 2018

For every transaction done via State Bank of India (SBI), IRCTC, subsidiary of Indian Raiwlays, charges Rs 10, besides the applicable tax.

RBI Ban On Crypto-Currencies Banking Services Challenged In Delhi Court

India News | Press Trust of India | Sunday April 22, 2018

The Delhi High Court has sought the response of the Centre, the RBI and the GST Council on a plea challenging a circular which prohibits banks and financial institutions from providing any service in relation to virtual currencies such as 'crypto-currencies'.

Highest-Ever Snoop Info Requests Made After Demonetisation, Says Report

India News | Press Trust of India | Sunday April 22, 2018

The notes ban prompted intelligence and probe agencies to make a record number of requests to the Financial Intelligence Unit (FIU) for obtaining classified reports on suspicious currency transactions via banking and other financial channels in the country.