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Latest Articles in banking

Chanda Kochhar's Absence Dominates ICICI Bank Annual General Meeting

In ICICI's annual general meeting today, shareholders sought clarity on impropriety allegations against the CEO Chanda Kochhar who is on an indefinite leave since June amid various misconduct allegations

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Raghuram Rajan Blames 'Over Optimistic Bankers' For Mounting Bad Loans

A larger number of bad loans were originated in the period 2006-2008 when economic growth was strong

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India Post Payments Bank (IPPB) Will Bring Unbanked People To Banking Mainstream: Shah

Commenting on IPPB BJP President Amit Shah said that it will deliver last mile banking to unbanked people and will empower them economically

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Banks To Function All Normal Next Week; No Need For Undue Panic: Finance Ministry

Dismissing rumours on social media, Finance Ministry clarifies that banks will remain open uninterruptedly next week except for holidays on Sunday, September 2nd and 8th.

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5 Tips For Goal Planning Success

Here are five things to keep in mind as you undertake the arduous journey towards the achievement of your financial goals

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5 Simple – And Powerful – Steps That Mutual Fund Investors Should Take Right Now

If you’re a Mutual Fund investor, here are five simple – yet powerful – things you can do to keep yourself on the right track

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A Safe Haven Market?

The Indian stock market is defying gravity and traversing uncharted territory as it scales new peaks. If all goes well, it seems as if it is just getting started

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PNB Posts Consecutive Quarterly Loss On Fraud-related Provisions

Net loss was Rs 9.40 billion ($136.72 million) for the three months to June 30, compared with a profit of 3.43 billion rupees a year earlier

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A Power Packed Punch

Move over, Avengers. India’s very own superhero is here. With the new and powerful IBC, bankers and lenders are beginning to show a new-found belief in the bankruptcy norms

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Kotak's First-quarter Profit Lags Estimates As Provisions Surge

Kotak's stock rallied close to 30 percent in the June quarter, outperforming the NSE stock index and the Nifty Private Bank index

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Banks Working Closely With UK Authorities To Recover Dues From Mallya: SBI MD

Without giving a specific number, he said "we hope to recover significant part our money"

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Lapses At Many Levels Of Bank Led To Huge PNB Fraud, Internal Report Shows

The report said that it is "incomprehensible" that branch staff did not notice the fraud being committed

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Reliance MF’s Nivesh Lakshya Fund Gives Investors An Opportunity To Lock-in At Higher Yields

The recent spike in interest rate spells good news for long-term debt investors seeking to realise distant goals

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Lack Of Skilled Manpower Increases Assessment By 114%

Organisations are adopting innovative ways and technology tools to attract, assess, and retain quality talent

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Post Recategorization - How Debt Oriented Funds Look

If you're a debt fund investor, here's how you should decode the new set of schemes in your portfolio

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