Banks general

Borrowers get 90 days grace period to repay retail loans

29 Dec 2016

SBI in talks with Microsoft for White Space technology

28 Dec 2016

Kotak Mahindra Bank branch manager held over Rs34 cr deposit

28 Dec 2016

Surat financier found using 700 people to launder old notes

27 Dec 2016

Woman finds Rs100 cr in SBI Jan Dhan account, writes to PMO

27 Dec 2016

Monte dei Paschi must find €8-bn for recapitalisation: ECB

27 Dec 2016

CBI files case against Mumbai co-op bank officials for ‘fraud’

24 Dec 2016

The CBI has registered cases against four officials, including the manager and two workers of the Pimpr-Chinchwad and Ghatkopar branches of a co-op bank which has links to Maharashtra minister Pankaja Munde

Deutsche Bank to pay $7.2 billion to close US mortgage probe

23 Dec 2016

Swiss lender Credit Suisse Group AG, meanwhile, announced that it had settled a related probe with the US Department of Justice for $5.28 billion

Italy plans $21-bn bailout of banks as investors snub Paschi

23 Dec 2016

Under the recapitalisation plan, a major part of the holdings of these banks’ government bonds will be converted to equity, in what would be a partial nationalisation

Card transactions rise in November, but value drops: report

22 Dec 2016

The use of debit and credit cards fell to a nine-month low in value terms last month, which is a sharp decline of 31 per cent over October, says an SBI report

RBI penalises five foreign exchange dealer banks for FEMA rule violations

22 Dec 2016

ED probing co-ops nationwide after Mumbai bank overstates Rs500 cr in deposits

21 Dec 2016

Jaitley calls for ‘out-of-box’ solutions for banks’ new challenges

21 Dec 2016

RBI lifts limits on deposits of banned notes

21 Dec 2016

The question whether multiple deposits can be made till 30 December that people with huge cash hoards are asking remains unanswered

RBI backs full tax exemption for banks’ bad debt provisioning

21 Dec 2016

RBI backs full tax exemption for banks’ bad debt provisioning

21 Dec 2016

Farmers get 60 days more for crop loan repayment

21 Dec 2016

Make digital payments cost-free to push cash-less transactions: Trai chief

20 Dec 2016

Make digital payments cost-free to push cash-less transactions: Trai chief

20 Dec 2016

Deposit of banned notes in one go to help avoid confusion, says Jaitley

20 Dec 2016

Amid growing digitisation, India must gear up for cyber threats: report

20 Dec 2016

With India logging into the digital world as it seeks to become a less-cash economy, the threat of data breaches looms over both public and private enterprises

RBI limits old note deposits of over Rs5,000 to once till 30 Dec

19 Dec 2016

Deposits of demonetised currency notes in excess of Rs5,000 into a bank account will be received for credit only once during the remaining currency swap period, ie, till 30 December 2016, RBI said

Govt to Aadhaar-link all savings bank accounts in digital push

17 Dec 2016

Aadhaar linking of primary bank accounts, which will help cashless transactions at the grassroots level, would also benefit those who do not have a mobile phone connection at present