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Latest Articles in banking

Succession Planning Doesn’t Get The Priority It Should

Succession planning is a very delicate subject and has to be handled with extreme care and confidentiality for the outer world, but should be run thoroughly and religiously internally

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Who Will Take The Baton Next Year?

Hit by controversies and frauds, the scanner is on the Indian banks that withstood the 2008-09 crisis. Questions are now being raised on leadership and HR policies

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‘Corporate Profitability Looks Set To Recover’

In an exclusive chat with BW Businessworld, Former chief economic advisor Arvind Virmani discusses what ails Corporate India, and outlines the possible way ahead

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Bandhan Bank Shares Soar 33% On Market Debut

The Rs 4,473-crore initial public offer of Bandhan Bank was subscribed 14.62 times during March 15-19

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Bandhan Bank Shares To Get Listed On 27 March

After migrating from only micro-financing activity, the bank now adopted a unique model of entering normal banking services after getting the in-principle license from the RB

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Maximum Complaints Against Banks, Telecom Depts In Last 3 Years: Govt

A total of 1,06,299 and 1,21,075 complaints were received by the DFS (banking division) and DoPT last year

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PNB Woes Spur Goldman To Downgrade India's Economic Growth Forecasts

Goldman Sachs lowered its real gross domestic product (GDP) forecast on India for the year to March 2019 to 7.6 percent from 8 percent earlier

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Canara Bank Shares Tumble After Police File Charges In New Fraud Case

The case is the latest in a string of bank frauds reported to authorities in the aftermath of a sprawling $2 billion fraud that was unearthed weeks ago at Punjab National Bank

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Rosy Blue Group Has Not Defaulted On Any Bank Loan: Russell Mehta

He also said that the group has a clean credit history with no instance of default

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RBI May Hike Repo Rate By 0.25% In 2018: Report

The key repo rate at which it lends to the system stands at 6 per cent currently

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PNB May Be Given 1 Year To Provision Against Rs 12,646 Crore Fraud

Bank has written a letter to banking sector regulator seeking its opinion on making provisions for fraud

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State-run Banks Facing Over $3 Billion Of Losses On Bonds In Jan-March: Credit Suisse

New Delhi is in the process of injecting $14 billion of the recapitalisation outlay into the banks during the current quarter, which is also the deadline for the lenders to achieve a central bank-mandated minimum 50 percent provisioning on the loans to companies in bankruptcy court

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Banks Need To Overcome Problems Fast To Lend Large Credit: Rangarajan

His remarks come amid the Rs 12,700 crore fraud detected recently at the Punjab National Bank (PNB) and the banking system's overall struggle to overcome mounting bad loans

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