Banks general
RBI to penalise erring bank auditors
30 Jun 2018
RBI sees banks’ bad loans rising up to 12.2% in FY19
27 Jun 2018
In the worst case scenario, the bad loan ratio could rise up to 13.3 per cent by the end of the current financial year, ie, anywhere between Rs12,20,000 crore and Rs13,30,000 crore, RBI stated in its Financial Stability Report
Govt may dip into its LIC kitty again to bail out IDBI Bank
26 Jun 2018
Against non-performing assets of about Rs55,000 crore and stressed assets of nearly 60,000 crore, IDBI Bank had fixed assets worth Rs6,771 crore as of end March 2018
Sandeep Bakhshi made ICICI Bank COO; Kochhar is CEO 'on leave’
19 Jun 2018
ICICI Bank board, which earlier tried to shield the CEO from the allegations levelled against her by an anonymous whistleblower, now claims the bank is following the “highest levels of governance and corporate standards”
Govt’s fisc under strain as PSBs add Rs 87,000 cr loss in FY18
11 Jun 2018
With public sector banks' losses getting out of control, the government has appointed a committee to make recommendations on setting up an asset reconstruction company that will manage the Rs8,30,000-odd crore of losses amassed by state-run banks
RBI hikes repo rate by 25 bps to 6.25%
06 Jun 2018
The hike in the repo rate, which follows a sharp rise in consumer price inflation rate to 4.6 per cent in April, is also intended to tame rising inflation, RBI said
RBI hikes repo rate by 25 bps to 6.25%
06 Jun 2018
The hike in the repo rate, which follows a sharp rise in consumer price inflation rate to 4.6 per cent in April, is also intended to tame rising inflation, RBI said
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