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Latest Articles in banks

Banks NPAs Set To Rise, Must Raise Capital To Build Resilience: RBI Governor

Banks NPAs set to rise, must raise capital to build resilience: RBI Governor

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SC directs bank CMDs to personally look into loan disbursement of Amrapali homebuyers

SC directs bank CMDs to personally look into loan disbursement of Amrapali homebuyers

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World Bank, India Sign $750 Million Emergency Response Programme For MSMEs

The programme will address immediate liquidity and credit needs of nearly 15 lakh viable MSMEs to help them withstand the impact of the current shock and protect millions of jobs.

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Anil Deshmukh warns criminal action against banks denying crop loan to farmers in Maharashtra

Anil Deshmukh warns criminal action against banks denying crop loan to farmers in Maharashtra

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Govt-guaranteed COVID-19 Crisis Liquidity Bridge From Banks For Sustainable Businesses: FICCI Deloitte Report

Amid mounting apprehensions that collapse of businesses en masse can precipitate a systemic lockdown and failure of the banking system

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Digitization Is Helping Banks Develop Customer-Centric Business Mode

In an ecosystem with ample online and offline buying options, digital channels are not only confined to offer a cheap interface to customers but are now crucial for expanding market share, executing promotions and stimulating sales.

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RBI Makes Massive Reduction In Repo Rate By 75 Basis Points & Forecasts Global Recession Amid Crisis

The RBI's Monetary Policy Committee (MPC) has voted in favour of an interest rate cut to the tune of 75 basis points. Repo rate is down to 4.4 per cent. Shaktikanta Das announced measures through which a total Rs 3,74,000 crore will be made available to the country's financial system.

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Indian Government Asks Banks To Provide Liquidity Support To Corporates

Banks have been asked to make available an additional 10% in funds over and above sanctioned working capital loans, but not exceeding 2 billion rupees ($26.33 million) per loan account as part of the emergency measures

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Financial Firms Around The World Ramp Up Contingency Plans As Coronavirus Hits

Morgan Stanley also confirmed that an employee at its Purchase, New York, campus, roughly 45-minutes north of Manhattan, tested positive for the virus.

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RBL Bank Quashes Speculation Over Viability, Stock Up By 10%

RBL business segments are doing well and it continues to expand presence across newer geographies by adding branches and are also hiring more people as previously planned.

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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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