Banks general

SBI cuts external benchmark-based lending rate by 25 bps to 7.80%

30 Dec 2019

Bank’s bad loans may rise, credit growth to remain subdued: RBI

30 Dec 2019

NPAs in the banking system may rise due to a change in macroeconomic scenario, marginal increase in slippages and the denominator effect of declining credit growth, even as the financial system remained stable, says RBI

RBI report says banks’ NPAs declined from 11.2% in FY18 to 9.1% in FY19

26 Dec 2019

Union Bank of India, Andhra Bank and Corporation Bank to complete merger by 1 April 2020

23 Dec 2019

Union Bank of India, Andhra Bank and Corporation Bank to complete merger by 1 April 2020

23 Dec 2019

RBI makes NEFT fund transfers 24/7, asks banks to waive charges

17 Dec 2019

Google wants US Fed to emulate India’s UPI for its RTGS system

16 Dec 2019

RBI finds Rs12,000-cr divergence in SBI’s bad loan reporting in FY19

11 Dec 2019

IDBI Bank to sell up to 49% in two subsidiaries, retain controlling stake

11 Dec 2019

Small business will soon be credit-rated on data: Nandan Nilekani

06 Dec 2019

Banks will assess small businesses on the basis of their personal data, which include bank statements, tax returns, and home loan repayment records, for lending purposes, says Infosys chairman and co-founder Nandan Nilekani

Maharashtra govt weighing merger of PMC Bank with MSC Bank: report

06 Dec 2019

Deutsche Bank sells $50 bn of bad assets to Goldman amid restructuring: report

29 Nov 2019

Assess repayment capacity better before lending: RBI dy governor tells banks

27 Nov 2019

Top 30 loan defaulters owed banks Rs50,000-cr: RBI

22 Nov 2019

Govt to infuse Rs70,000 capital in PSU banks this fiscal

20 Nov 2019

State-run banks added Rs95,760 cr to frauds list in H1 FY20: FM

19 Nov 2019

SC gives most of ArcelorMittal's Rs42,000-cr offer to Essar Steel’s financial creditors

15 Nov 2019

SBI cuts base lending rate, loans to get cheaper

08 Nov 2019

PNB reports Rs507-cr Q2 net profit despite higher provisioning

06 Nov 2019

ICICI Bank closes its project finance division

06 Nov 2019

Yes Bank gets binding offer of $1.2 bn from Hong Kong's SPGP Holdings: report

31 Oct 2019

SBI Q2 net more than triples to Rs3,012 cr, despite higher provisioning

25 Oct 2019

Provisioning during the quarter increased 8.7 per cent to Rs13,138.93 crore while the bank’s total provisioning stood at Rs22,399 crore, which was 89.63 per cent of total outstanding, as of 30 September 2019

DHFL lenders may skirt equity route, consider liquidation

25 Oct 2019

Lenders are now on the backfoot following rumours of the company’s involvement is illegal activities, including possible terror financing, following reports of the promoter’s dealings with terror groups