Latest Articles in banks
UIDAI Extends Minimum Aadhaar Enrollment, Related Deadlines For Banks Till November 1
The November 1 deadline had been relaxed after certain banks flagged difficulties in achieving targets in view of calamities like Kerala Floods and other technical concerns. UIDAI asks bank branches to assure at least 8 enrollments or updations daily from November 1
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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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IBC No Holy Grail
While banks exist to manage risk and thus, loans will go bad in future as well, a robust and independent credit assessment and monitoring process will ensure that banks asset quality remains under control and banks are capitalised for growth rather than bad debts
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Provide doorstep banking to those above 70 by Dec 31: RBI
Senior citizens of more than 70 years of age and the differently-abled can look forward to availing of basic banking services, right from the comfort of their home.
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Fintech Success Will Bring Better Stability and Security To Customers
The sheer number of meetup groups, accelerator programmes, conferences and job openings dedicated to a relatively new industry like fintech is phenomenal
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Freedom To Be Bankable
The state run banks continue to languish when their private counterparts continue to thrive.
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50% Of Indians Are Associated With Cooperative Banks
Cooperative banks in India have contributed to meeting the financial requirements of 50% of India's total population. Representatives of the Cooperative banks talk about the various needs of the Indian financial system.
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Banks May Need 20% Incremental Provisioning For 50 Large NPAs
These 50 large accounts are from the sectors such as construction, power and metals, among others and constitute about half of the gross non-performing assets of the banking sector
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India Allows Banks, Post Offices To Deposit Old Bank Notes With RBI
India allowed banks and post offices to exchange old, big bank notes, which are no longer in circulation, with the Reserve Bank of India (RBI) in a month
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Ransomware Attack: Critical infrastructure Agencies Including Banks, Airports Asked To Step Up Cyber Vigil
Critical infrastructure agencies including banks, airports, telecom networks and stock markets have been asked to take precautions to shield themselves against the crippling global ransomware attack 'WannaCry'
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India Making Concerted Push To Tackle Bad Loan: Fitch
Indian authorities are making a more concerted push to clean up bad loans in the banking sector but the move would impinge on banks' profitability in the short-term: Fitch Ratings
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President Donald Trump Says Actively Considering Breaking Up Big Banks, Reports Bloomberg TV
US President Donald Trump said he was actively considering breaking up big banks, Bloomberg Television reported on Monday
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Preparedness And Priorities Of Banks Around BASEL 3
BASEL 3 requires banks to keep sufficient liquidity buffers to counteract stress conditions similar to the ones experienced during the global financial crisis
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India Inc. Pulls Through
Recovery in distressed sectors such as banks and oil depict a much better picture of India Inc.
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Reserve Bank Governor Urjit Patel Nudges Banks To Reduce Lending Rates
RBI chief Urjit Patel on Saturday exhorted banks to reduce their lending rates to push credit demand in laggard segments, saying banks have benefited from influx of low-cost deposits and its previous repo rate cuts
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