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SBI, which accounts for about a fifth of India's banking assets, saw its provisions for bad loans rising 7.5 per cent in the June quarter from a year earlier, pulling it to its third straight quarter of losses

5 Immediate Effects Of SEBI’s Decision To Slash TER’s

Here are five such outcomes of SEBI’s recent decision

SBI Steps In To Rescue Cash Strapped NBFCs, To Buy Good Assets Worth Rs 45,000cr

Banking & Finance NBFC

Coming to the rescue of cash-strapped NBFCs, State Bank of India Tuesday decided to buy their assets to the tune of Rs 45,000 crore, a move that will provide liquidity support to non-banking financing companies facing headwinds after a series of loan defaults by IL&FS group firms.

We’ve Taken Settlement Of Claims As Our Core Business Goal, Says with Vivek Chaturvedi, Digit Insurance

In an interview with BW Businessworld, Vivek Chaturvedi, Head of Marketing, Digit Insurance, talks about company and its business goals

Chanda Kochhar quits ICICI Bank; Bakhshi named MD & CEO

ICICI Bank Managing Director Chanda Kochhar has resigned from the bank with immediate effect.

Bitcoin Set For Massive Price Movement

One thing is absolutely certain now – the next big – or should I say massive – price movement in Bitcoin is imminent

Mutual Fund Performance Review & Strategy Insights – October ‘18

This effect would be more pronounced within the community of unadvised investors, who would be more unclear on what to do with their beleaguered portfolios at the moment

Bandhan Bank Plunges To All-Time Low After RBI Directive

The RBI clamped down on the Indian lender for failing to bring down its main shareholder's stake to below 40 percent

PNB Fraud: ED Attaches Rs 637 Cr Assets Of Nirav Modi, Family In 5 Countries

The assets have been attached as part of five separate orders issued by the central probe agency under the Prevention of Money Laundering Act

Ex-PDP Minister Imran Ansari Declared 'Wilful Defaulter' By PNB

In an advertisement issued in a Jammu-based paper, The Punjab National Bank alleged that Ex-PDP MLA Imran Ansari, his uncles and his first cousin have an outstanding balance of Rs 32.47 crore against them as on August 31, 2018

Re-Appointment Of Rana Kapoor As The MD & CEO Of YES Bank Limited

Banking & Finance

The brand value of YES BANK continues to be a key strength for the bank. The YES BANK brand was recently recognized as the 22nd Most Valuable Indian Brand by WPP BrandZ Report 2018 with a brand value of $ 2.62 billion

Union Bank Sues Nirav Modi In Hong Kong Court Over Fraud: Report

Banking & Finance

The bank is demanding Modi – who owns a chain of jewellery shops from Hong Kong to New York -- pay more than USD 5.49 million plus interest, after both firms allegedly defaulted on repayments, the report said

Court Directs ED To File Charge Sheet Against Accused In Bank Loan Fraud Case of over Rs 5K cr