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Latest Articles in bank

SBI Reports Bad Loan Divergence Of Rs 11,932 Crore For FY19

Gross non-performing assets (NPAs) reported by the bank stood at Rs 1.73 lakh crore as on March 31.

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BoB, BoI Reduce MCLR Across Tenors

Bank of Baroda reduced the one-year marginal cost of funds based lending rates (MCLR) by 5 basis points to 8.25% while overnight and one-month MCLR were reduced by 20 basis points to 7.65 %.

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RBI To Retain Dovish Bias Going Forward: Report

The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.

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Moody's Downgrades Yes Bank's Ratings, Assigns Negative Outlook

Today's rating actions conclude Moody's review for downgrade initiated on November 6," said Moody's.

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78% Depositors Of PMC Bank Can Withdraw Entire Deposits: Govt

Maharashtra-based PMC Bank can withdraw up to Rs 1 lakh by invoking the 'hardship provisions' of the RBI.

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Bank Credit Growth To Moderate To 8.5% In FY20: ICRA

ICRA expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20 from 13.5 per cent in the last financial year.

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Bank Credit Growth Slows To 10.24 Per Cent, Deposits At 9.73 Per Cent

In the previous fortnight to August 16, advances grew 11.64 per cent to Rs 96.82 lakh crore and deposits by 10.15 per cent to Rs 126.80 lakh crore.

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IDBI Bank Planning To Sell 1.5% Stake In NSE

This exercise is part of the bank’s initiative to exit from non-core businesses

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