Latest Articles in Banking Finance
We Encourage Policyholders To Maintain Their Blood Sugar Via Physical Activities: Vijay Sinha
In an interview with BW Businessworld, Vijay Sinha, CEO, DHFL General Insurance talks about key trends and more
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IL&FS Gets More Than A Dozen Expressions Of Interest To Buy Stakes In Two Units
IL&FS, a major infrastructure financing and development company, earlier this month started work on plans to sell off assets, part of a wider restructuring of the group after it defaulted on some of its debt
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Save Yourself From Mis-Selling - With These 3 Simple Questions
If you’re on tenterhooks every time you speak with your bank relationship manager, simply know that you can save yourself from the bane of mis-selling by asking these four questions the next time
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RBI Decision To Ease Capital Norms Credit Negative For Banks: Moody's
The RBI has announced that it has extended the timeline for Indian banks to set aside an additional 0.625 per cent as capital conservation buffer by one year to March 31, 2020 to help banks to lend more
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RBI Board Meets Amid Row With Government, Markets On Guard
Unhappy over the pressure, RBI Deputy Governor Viral Acharya had warned that undermining central bank independence could be "catastrophic"
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Just A Handful Of Fund Houses Show Consistent Top Quartile Performance
In overall equity AUMs, ICICI MF AMC tops the list owing to defensive investment bets that cushioned the downside
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India's Top Hedge Fund Turns To State-Run Banks As Bad Loans Wane
Bad loans at Indian banks reached a record $150 billion at the end of March with state-run banks accounting for the lion's share
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Ashok Chawla Resigns As Yes Bank Chairman
According to sources, Chawla offered to quit as controversy was being generated on his continuance on the Board of Directors following his name appearing in a CBI chargesheet in the Aircel-Maxis case
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India Wants RBI To Address Credit, Liquidity Issues As Priority: TV Channels
The central bank and the government have been at loggerheads in recent weeks as the government ramps up pressure on the regulator to relax lending curbs and hand over surplus reserves
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IDBI Bank Posts Eighth Straight Quarterly Loss As Provisions Surge
Provisions for bad loans at IDBI Bank, which has the highest bad loan ratio in the sector, jumped 92.9 percent to 54.82 billion rupees, leading to a doubling in total provisions
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Bones Of Contention
The RBI and the government are at loggerheads to settle on an appropriate economic capital framework for the apex bank
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Bank Of India Posts Quarterly Loss As Bad Loan Provision Jumps
Net loss was 11.56 billion rupees ($158.43 million) for the three months ended Sept. 30, compared with a profit of 1.79 billion rupees a year earlier
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Health Insurance Set For Major Reforms
The Health Insurance industry has surged exponentially over the past decade and a half - with premiums growing from a paltry Rs 741 crores in 2001-02 to Rs 37,000 crores in 2017-18
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Lower Bad Loans Help SBI Return To Profit After 3 Quarters Of Heavy Losses
At the standalone level, net income of State Bank of India (SBI) fell 40 per cent to Rs 944.9 crore from Rs 1,581.55 crore on the back of better asset quality
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PNB Posts Rs 4, 532 Crore Loss In September Quarter As Bad Loans Soar
State-owned Punjab National Bank had a net profit of Rs 561 crore in the July-September quarter of last fiscal 2016-17
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