Banks general
SBI picks 6 banks to manage Rs15,000-cr share sale
26 May 2017
Cash-strapped SBI also put up assets worth over Rs1,471 crore, including a Rs807-crore loan account of Kolkata-based Adhunik Power and Natural Resources Ltd and equity worth close to Rs200 crore
RBI to boost oversights panel, empower rating agencies in NPA fight
23 May 2017
RBI will reconstitute the present banks oversights committee with more members and expand the scope of cases to be referred to the OC beyond those under S4A as required currently
SBI slaps Rs25 levy on e-wallet ATM withdrawal, hikes service charges
12 May 2017
A narrowing of interest rate spread is forcing the country’s top lender to look at other sources to boost revenue
Customer account hijacking up 50% in the UK
10 May 2017
SBI slashes affordable home loan rate to 8.35% for women
08 May 2017
For male borrowers, the limited period offer for affordable housing loans, which is valid till 31 July, there will be a 20 bps reduction to 8.40 per cent
Govt appoints heads of 7 PSU banks, shifts MDs of PNB and BoI
06 May 2017
PNB managing director Usha Ananthasubramanian has been shifted to relatively small Kolkata-based Allahabad Bank while head of Bank of India Melwyn Rego will move to Syndicate Bank with immediate effect
RBI issues timeline for faster resolution of banks’ NPAs
06 May 2017
The RBI says the decisions agreed by a minimum of 60 per cent of creditors by value and 50 per cent of all creditors would be the basis for deciding corrective action plans, which would be binding on all lenders
Privatise banks instead of wasting taxpayer money: RBI dy governor Acharya
29 Apr 2017
Nationalisation did not help private sector banks shape up, instead it only resulted in governance issues and accumulation of bad loans, RBI deputy governor Viral Acharya says
HDFC Bank Q4 net rises 18% to Rs3,990 cr despite higher Q4 provisioning
22 Apr 2017
This is, however, the second quarter in a row that the bank reported quarterly profit growth below 20 per cent, and the first time in its history that yearly profit growth has dipped below 20 per cent
After SBI, govt mulls PNB and BoB taking over smaller peers
18 Apr 2017
The merger move is a part of the efforts to address the issue of rising bank NPAs, for which the RBI has unveiled a prompt corrective action framework, which may force lenders to consolidate in case they don’t meet regulatory requirements
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