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Latest Articles in banks

SBI Puts Up For Sale NPA Account MSP Metallics

The interested ARCs/banks/NBFCs/FIs can conduct due diligence of these assets with immediate effect, after submitting expression of interest and executing a Non-Disclosure Agreement (NDA) with the bank

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Second Wave Of COVID Infections Poses Increased Risks For Fragile Economic Recovery, Banks: Fitch

Fitch forecasts India's GDP growth at 12.8 per cent for the current financial year ending March 2022 and this incorporates expectations of a slowdown in the April-June quarter due to the flare-up in new coronavirus cases.

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SBI To Conduct E-Auctions Of 12 Bad Accounts This Month

State Bank of India said Aarya Industrial Products has filed a suit against it in January 2016 before Civil Court, Alipore, Kolkata for claiming recovery damages of Rs 226 crore.

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Odisha CM appreciates banks, districts for making coordinated efforts to improve lending to priority sectors

Odisha CM appreciates banks, districts for making coordinated efforts to improve lending to priority sectors

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NBFCs continue to lose market share in housing, private auto segments: Emkay

NBFCs continue to lose market share in housing, private auto segments: Emkay

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Banks closed, ATMs shut down in Myanmar following military coup

Banks closed, ATMs shut down in Myanmar following military coup

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Tata Motors ties up with banks, NBFCs for commercial customers

Tata Motors ties up with banks, NBFCs for commercial customers

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Banks GNPA May Rise Over 22-yr High Of 13.5% By Sep 2021: RBI FSR

If the macroeconomic environment worsens into a severe stress scenario, the GNPA ratio may escalate to 14.8 per cent, the report said. In this case, the GNPAs would be at over 24-year high. In the fiscal ended March 1997, it was 15.7 per cent.

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CBI registers case against pvt company for causing approx Rs 4736.57 cr loss to banks

CBI registers case against pvt company for causing approx Rs 4736.57 cr loss to banks

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Banks In India To See Capital Decline Over 2 Years Without Fresh Infusion: Moody's

Moody's said the uncertain trajectory of asset quality is one of the biggest threats for emerging market banks, as operating conditions remain challenging amid the current COVID pandemic.

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Banking Services To Get Affected As Unions Go On One-day Strike

Many lenders have informed their customers to use digital channels such as internet/ mobile banking and ATMs for their banking related transactions and other services.

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India Handled COVID-19 Pandemic Better Than Estimated; Economy Picked Up Momentum From September: SBI Reports

ILO has come up with estimates for working hours lost (per cent of total, average over first three quarters of 2020) and equivalent fiscal stimulus value for country groups to directly compare the size of fiscal stimulus with the labour market damage due to COVID-19.

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‘Banks .... Need To be strong intermediaries of economic policy

Bank’s are key to our economic outreach and we need to make them stronger and trustworthy!

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Banks Must Be Recapitalized Urgently To Prevent Another Credit Collapse: Former NITI Ayog Vice Chairman

According to Prof Panagariya, Indian economy can tolerate 6%-7% inflation and RBI should not be too obsessed with keeping the inflation low.

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SBI General Insurance signs Corporate Agency Agreement with YES BANK

SBI General Insurance signs Corporate Agency Agreement with YES BANK

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