Government Should Bring Down Its Stake In Public Sector Banks: CII
Business | Edited By Abhishek Vasudev | Tuesday January 19, 2021
CII has also called for transformation of old public sector banks (OPSBs) wherein government should facilitate the takeover of old public sector banks
Industry Body Calls For Creating Multiple Bad Banks To Buy Bad Loans In Budget 2021
Business | Edited By Abhishek Vasudev | Wednesday January 20, 2021
Banks may see bad loans double despite signs of an improvement in the economic impact of the Covid-19 pandemic, a report from RBI said
Banks Need To Fortify To Meet Challenges Following Covid-19 Unwinding: RBI
Business | Edited by Nirmalya Sen | Tuesday December 29, 2020
The accretion to non-performing assets according to the RBI's Income Recognition and Asset Classification (IRAC) norms would have been higher in the absence of the asset quality standstill provided as a Covid-19 relief measure
"Dangerous": P Chidambaram Joins Raghuram Rajan On Warning Over Bank Plan
India News | Reported by Purva Chitnis, Edited by Anindita Sanyal | Tuesday November 24, 2020
Former finance minister P Chidambaram has issued a blistering criticism of the Reserve Bank's proposal to allow corporates to enter the banking sector and set up banks, calling it a "dangerous agenda" that is "part of a deeper game plan to control the banking industry", making the RBI the "cat's paw". If this proposal is implemented, he said it wou...
Banking Sector Cannot Bear Any Further Financial Strain,Centre Tells Top Court
Business | Reported by A Vaidyanathan, Edited by Peter Noronha | Thursday November 19, 2020
The banking sector cannot bear any further financial strain, the centre told the Supreme Court on Thursday, in a key hearing to decide whether borrowers should be charged additional interest for delaying their EMIs due during the COVID-19-related lockdown. The top court was hearing a batch of petitions on whether banks should charge an interest on ...
Government To Infuse Rs 20,000 Crore In State-Run Banks
Business | Edited by Sandeep Singh | Monday September 14, 2020
The government sought parliament approval for a total additional spending of Rs 2.35 lakh crore crore for the current financial year.
India Risks "Japanification": Viral Acharya, Ex-RBI Deputy Governor
Business | Anirban Nag, Bloomberg | Wednesday July 29, 2020
The government has infused Rs 2.6 lakh crore ($34.7 billion) into state-run banks in the last three financial years, more than double that in the previous nine years, but there is no provision for capital infusion in the budget this year.
PM Modi To Join Brainstorming Session With Heads Of Banks, NBFCs Tomorrow
Business | Press Trust of India | Tuesday July 28, 2020
According to a release, PM Modi will discuss and deliberate on vision and roadmap for the future
Rise In Cyber Attacks From China, Over 40,000 Cases In 5 Days: Official
India News | Press Trust of India | Tuesday June 23, 2020
Hackers based in China attempted over 40,000 cyber attacks on India's Information Technology infrastructure and banking sector in the last five days, a top police official in Maharashtra said on Tuesday.
Banking Sector Needs Recapitalisation Of Rs 4 Lakh Crore: Uday Kotak
Business | ANI | Tuesday June 2, 2020
The banking sector has loans of Rs 100 lakh crore and a capital of Rs 11 lakh crore to 12 lakh crore, said CII President-Designate Uday Kotak.
India May Need To Pump Rs 1.5 Lakh Crore Into Coronavirus-Hit State Banks: Report
Business | Reuters | Thursday May 28, 2020
A nationwide lockdown entering its third month is expected to lead to a contraction in economic growth in the current financial year, according to several global rating agencies.
HDFC Bank Finalises Three Candidates To Succeed Aditya Puri, Awaits RBI Nod
Business | Press Trust of India | Saturday April 18, 2020
Aditya Puri has been the head of the lender since its incorporation 25 years ago and has led it to be the largest and most valuable bank, on the back of a strict hold over asset quality.
4 State-Run Banks In Place Of 10 From Today As Mega Merger Takes Effect
Business | Edited by Sandeep Singh (with inputs from agencies) | Wednesday April 1, 2020
The government's mega merger plan to strengthen the country's banking system came into effect on Wednesday, combining 10 state-run banks into four. Announced in August last year, the merger combines Oriental Bank of Commerce and United Bank into Punjab National Bank, to create a single lender managing businesses worth Rs 17.95 lakh crore. Similarly...
ICICI Bank Launches WhatsApp Banking Service: Here’s Everything You Need to Know
Darab Mansoor Ali | Tuesday March 31, 2020
ICICI Bank has launched a WhatsApp banking feature in order ensure smooth banking services amid the coronavirus lockdown. The WhatsApp banking service from ICICI Bank comes as the banking sector has taken a hit due to the COVID-19 pandemic.
Coronavirus Crisis: Fitch Seeks More Difficulties For Indian Banks Ahead
Business | Press Trust of India | Thursday March 26, 2020
The agency said Indian banking system is under-capitalised and continues to to saddled with bad loans, despite some successes.
"Dangerous Agenda": P Chidambaram's Warning On Corporates In Banking
Nov 24, 2020
Should the RBI Allow Corporate Houses to Own Banks?
Nov 24, 2020
"Bad Idea": Raghuram Rajan On RBI Panel Allowing Corporates In Banking
Nov 24, 2020
रवीश कुमार का प्राइम टाइम : क्या सरकारी बैंकों का निजीकरण होकर रहेगा?
Jul 28, 2020
रवीश कुमार का प्राइम टाइम : बैंको का संकट चिंता का विषय - अभिजीत बनर्जी
Oct 22, 2019
बैंकों में सरकार की हिस्सेदारी 50 फीसदी से कम हो: अभिजीत बनर्जी
Oct 22, 2019
Is The Government Doing Enough To Revive The Economy?
Oct 5, 2019
Sensex, Nifty Fall For Third Straight Day As Banks, Financials Drag
Jul 22, 2019
निर्मला सीतारमण ने कहा, बैंकों का NPA एक लाख करोड़ रुपये घटा
Jul 5, 2019
Government Should Bring Down Its Stake In Public Sector Banks: CII
Business | Edited By Abhishek Vasudev | Tuesday January 19, 2021
CII has also called for transformation of old public sector banks (OPSBs) wherein government should facilitate the takeover of old public sector banks
Industry Body Calls For Creating Multiple Bad Banks To Buy Bad Loans In Budget 2021
Business | Edited By Abhishek Vasudev | Wednesday January 20, 2021
Banks may see bad loans double despite signs of an improvement in the economic impact of the Covid-19 pandemic, a report from RBI said
Banks Need To Fortify To Meet Challenges Following Covid-19 Unwinding: RBI
Business | Edited by Nirmalya Sen | Tuesday December 29, 2020
The accretion to non-performing assets according to the RBI's Income Recognition and Asset Classification (IRAC) norms would have been higher in the absence of the asset quality standstill provided as a Covid-19 relief measure
"Dangerous": P Chidambaram Joins Raghuram Rajan On Warning Over Bank Plan
India News | Reported by Purva Chitnis, Edited by Anindita Sanyal | Tuesday November 24, 2020
Former finance minister P Chidambaram has issued a blistering criticism of the Reserve Bank's proposal to allow corporates to enter the banking sector and set up banks, calling it a "dangerous agenda" that is "part of a deeper game plan to control the banking industry", making the RBI the "cat's paw". If this proposal is implemented, he said it wou...
Banking Sector Cannot Bear Any Further Financial Strain,Centre Tells Top Court
Business | Reported by A Vaidyanathan, Edited by Peter Noronha | Thursday November 19, 2020
The banking sector cannot bear any further financial strain, the centre told the Supreme Court on Thursday, in a key hearing to decide whether borrowers should be charged additional interest for delaying their EMIs due during the COVID-19-related lockdown. The top court was hearing a batch of petitions on whether banks should charge an interest on ...
Government To Infuse Rs 20,000 Crore In State-Run Banks
Business | Edited by Sandeep Singh | Monday September 14, 2020
The government sought parliament approval for a total additional spending of Rs 2.35 lakh crore crore for the current financial year.
India Risks "Japanification": Viral Acharya, Ex-RBI Deputy Governor
Business | Anirban Nag, Bloomberg | Wednesday July 29, 2020
The government has infused Rs 2.6 lakh crore ($34.7 billion) into state-run banks in the last three financial years, more than double that in the previous nine years, but there is no provision for capital infusion in the budget this year.
PM Modi To Join Brainstorming Session With Heads Of Banks, NBFCs Tomorrow
Business | Press Trust of India | Tuesday July 28, 2020
According to a release, PM Modi will discuss and deliberate on vision and roadmap for the future
Rise In Cyber Attacks From China, Over 40,000 Cases In 5 Days: Official
India News | Press Trust of India | Tuesday June 23, 2020
Hackers based in China attempted over 40,000 cyber attacks on India's Information Technology infrastructure and banking sector in the last five days, a top police official in Maharashtra said on Tuesday.
Banking Sector Needs Recapitalisation Of Rs 4 Lakh Crore: Uday Kotak
Business | ANI | Tuesday June 2, 2020
The banking sector has loans of Rs 100 lakh crore and a capital of Rs 11 lakh crore to 12 lakh crore, said CII President-Designate Uday Kotak.
India May Need To Pump Rs 1.5 Lakh Crore Into Coronavirus-Hit State Banks: Report
Business | Reuters | Thursday May 28, 2020
A nationwide lockdown entering its third month is expected to lead to a contraction in economic growth in the current financial year, according to several global rating agencies.
HDFC Bank Finalises Three Candidates To Succeed Aditya Puri, Awaits RBI Nod
Business | Press Trust of India | Saturday April 18, 2020
Aditya Puri has been the head of the lender since its incorporation 25 years ago and has led it to be the largest and most valuable bank, on the back of a strict hold over asset quality.
4 State-Run Banks In Place Of 10 From Today As Mega Merger Takes Effect
Business | Edited by Sandeep Singh (with inputs from agencies) | Wednesday April 1, 2020
The government's mega merger plan to strengthen the country's banking system came into effect on Wednesday, combining 10 state-run banks into four. Announced in August last year, the merger combines Oriental Bank of Commerce and United Bank into Punjab National Bank, to create a single lender managing businesses worth Rs 17.95 lakh crore. Similarly...
ICICI Bank Launches WhatsApp Banking Service: Here’s Everything You Need to Know
Darab Mansoor Ali | Tuesday March 31, 2020
ICICI Bank has launched a WhatsApp banking feature in order ensure smooth banking services amid the coronavirus lockdown. The WhatsApp banking service from ICICI Bank comes as the banking sector has taken a hit due to the COVID-19 pandemic.
Coronavirus Crisis: Fitch Seeks More Difficulties For Indian Banks Ahead
Business | Press Trust of India | Thursday March 26, 2020
The agency said Indian banking system is under-capitalised and continues to to saddled with bad loans, despite some successes.
"Dangerous Agenda": P Chidambaram's Warning On Corporates In Banking
Nov 24, 2020
Should the RBI Allow Corporate Houses to Own Banks?
Nov 24, 2020
"Bad Idea": Raghuram Rajan On RBI Panel Allowing Corporates In Banking
Nov 24, 2020
रवीश कुमार का प्राइम टाइम : क्या सरकारी बैंकों का निजीकरण होकर रहेगा?
Jul 28, 2020
रवीश कुमार का प्राइम टाइम : बैंको का संकट चिंता का विषय - अभिजीत बनर्जी
Oct 22, 2019
बैंकों में सरकार की हिस्सेदारी 50 फीसदी से कम हो: अभिजीत बनर्जी
Oct 22, 2019
Is The Government Doing Enough To Revive The Economy?
Oct 5, 2019
Sensex, Nifty Fall For Third Straight Day As Banks, Financials Drag
Jul 22, 2019
निर्मला सीतारमण ने कहा, बैंकों का NPA एक लाख करोड़ रुपये घटा
Jul 5, 2019
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