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Latest Articles in banks

Govt Approves Rs. 4,400 Cr Investment In ECGC To Support Exporters, Banks

The Centre has also approved capital infusion of Grant-in-aid (Corpus) of Rs. 1,650 Crore to National Export Insurance Account (NEIA) from Financial Year (FY) 2021-22 to FY 2025-26.

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Centre Is Expected To Ask Anchor Investors To Hold 25% In Monetised Roads

Meanwhile, this proposal will not work for Toll Operate Transfer (ToT) or private InvITs and will only be able to work for Public-funded Infrastructure Investment Trusts (InvITs), some experts told a leading media house.

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FDI Proposal For Bank-Promoted Insurance Firm To Be Vetted By RBI, Irdai: Govt Notification

These changes were made by amending the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, according to the gazette notification issued by the Finance Ministry on August 19, 2021.

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We Committed To Agriculture Reform As MSP Monies Are Paid Directly To The Farmers: Sanjeev Sanyal, Principal Economic Adviser

Principal Economic Adviser in the finance ministry Sanjeev Sanyal’s work in chaos theory and his belief that economic growth demands perpetual imbalance may be the right recipe for the Indian economy given its complexity. The government though is very conservative on fiscal balance. He talks to BW Businessworld’s Manish Kumar Jha about fiscal support and its multiplier effect, the bold steps and disruptions in opening the economy further, pushing pending reforms, gyrating out of pandemic-led economic disruptions, and more.

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Banks, Metals Drag Sensex By 53 Pts

HDFC Twins, Kotak Mahindra, and SBI were the top laggards for the BSE Sensex on Tuesday.

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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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