Banks general

20 Oct 2016

State Bank of India has blocked six lakh debit cards following a security breach that occurred in a non-SBI ATM network and will replace these with new ones

19 Oct 2016

17 Oct 2016

New Development Bank president K V Kamath has mooted a BRICS-backed credit rating agency since the methodologies of the Big 3 global agencies constrain growth in emerging nations

15 Oct 2016

15 Oct 2016

Consumers can take an unsecured no-fee, no-frills loan up to $30,000 for two to six years, at fixed interest rates depending on their credit score, history, and the tenure

14 Oct 2016

14 Oct 2016

14 Oct 2016

13 Oct 2016

Blockchain, which is an electronic transaction-processing and record-keeping system, allows all parties to track information through a secure network

12 Oct 2016

The steady decline in bank credit to industry can be attributed to rising non-recovery of bank loans and pressure on banks to clean their books of non-performing assets

12 Oct 2016

Singapore's central bank on Tuesday also slapped penalties on DBS and UBS in its biggest crackdown on alleged money-laundering activities connected with Malaysian sovereign fund 1MDB

12 Oct 2016

The near-term target is a merger of Bank of Baroda and Bank of India, which will then take over a smaller and weaker bank, a Reuters report quoted Bank Board Bureau chief Vinod Rai as saying

12 Oct 2016

While bank NPAs grew 15 per cent between 1 January and 30 June 2016, the value of the assets held as collateral has been eroding, making it difficult to remedy the bad loan problem

10 Oct 2016

10 Oct 2016

08 Oct 2016

06 Oct 2016

06 Oct 2016

05 Oct 2016

Under this scheme, loans that companies find difficult to service can be restructured, providing for a longer repayment tenure, or waiving off a part of the debt so that companies are able to service their debt

05 Oct 2016

04 Oct 2016

The MPC's decision to cut the policy repo rate comes despite a still-firm consumer price inflation in August when headline inflation stood at 5.05 per cent for the second month

03 Oct 2016

Under the new law, creditors and shareholders would have powers to initiate a winding up process through the  Insolvency and Bankruptcy Board  at the first sign of financial stress such as serious default in repayment

01 Oct 2016

30 Sep 2016

30 Sep 2016