Latest Articles in banks
Government Puts In Place Measures To Protect Commercial Decision-Making By Banks
The government has also modified its 2015 framework on large-value frauds doing away with the personal responsibility of MDs and CEOs of public sector banks.
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Equities Fall On Profit Booking, Banks Under Pressure
The BSE S&P Sensex was 77 points lower at 41,498 while the Nifty 50 slipped by 12 points to 12,234.
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Banks To Push For New EU Access Plan After UK Election
With Prime Minister Boris Johnson vowing to take Britain out of the EU on January 31, major banks are set to make a fresh push for access to the bloc.
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Banks Will Ensure Bill Discounting Facility For MSMEs To Ease Liquidity: Sitharaman
On the merger of banks, everything is going smoothly, the bank boards have all been on board, they have taken the necessary steps to keep that process going smoothly, the minister said.
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Realtors' Rising Cash-Crunch Poses More Risks To Banks: Report
Banks also have indirect exposure to the real estate sector through their lending to NBFCs and HFCs, which also lend to developers.
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Sitharaman To Hold Review Meeting With Public Sector Banks Today
The finance ministry will also discuss ways in which PSBs can offer doorstep banking facility. Some PSBs offer doorstep banking for citizens over 70 years of age and differently-abled customers.
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Sensex, Nifty End Higher On Rally In Banks, Autos
The Nifty closed 0.85 per cent up at 11,075.90, while the Sensex ended 0.76 per cent higher at 37,384.99. For the week, the Nifty and the Sensex posted gains of 1.18 per cent and 1.09 per cent, respectively.
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RBI Makes Mandatory For Banks To Link Retail Loans With External Benchmarks
A move aimed at ensuring faster transmission of policy rate cuts to borrowers.
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There Will Not Be Single Job Loss Due To Merger Of Banks: FM
She was replying to a question on the bank employees unions opposing the merger plan on the ground it would lead to loss of jobs.
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Sensex, Nifty End Lower; Banks Among Top Losers
The broader NSE Nifty closed down 0.89 per cent at 10,948.30, while the benchmark BSE Sensex ended 1.02 per cent lower at 37,068.93.
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RBI Rules Out Asset Quality Review Of NBFCs For Now
IL&FS group's failure has made banks highly risk averse to the NBFC sector, leading to a severe liquidity crunch.
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ANZ Slashes Forecast For India's GDP Growth In 2019/20 To 6.2%
The bank's estimate of gross domestic product (GDP) growth is now well below the expectations of other banks, and a long way from the Reserve Bank of India's (RBI) forecast of 6.9% forecast, which itself was cut from 7.0% this month.
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Adjusting To The New Paradigm In Finance
Compulsory implementation of loan component will make banks and borrowers experimenting and adjusting to the new paradigm in finance in FY 2019
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Banks Likely To Recover Bad Loans Worth Rs 700 billion By March-end: Arun Jaitley
Some of the big cases such as Bhushan Power and Steel and Essar Steel India are in advanced stages of resolution, and are likely to be resolved in this financial year
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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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