Top 50 wilful defaulters owe Rs 87,295 crore to banks

Top 50 wilful defaulters owe Rs 87,295 crore to banks

India’s top 50 wilful defaulters owed Rs 87,295 crore to banks as of 31 March 2023, the Finance Mini..

Bank frauds drop sharply by 98% in nine years: Karad

Bank frauds drop sharply by 98% in nine years: Karad

Bank frauds have declined sharply by 98% to Rs 1,650 crore in 2022-23 from Rs 77,544 crore in 2013-1..

Banks recovered Rs 10 lakh cr from defaulters in last nine years

Banks recovered Rs 10 lakh cr from defaulters in last nine years

Banks have recovered over Rs 10 lakh crore from bad loans during the last nine financial years betwe..

Canara Bank launches Mahila Samman Savings Certificate with 7.5% interest

Canara Bank launches Mahila Samman Savings Certificate with 7.5% interest

Canara Bank has rolled out Mahila Samman Savings Certificate, 2023 scheme across India. It may ..

Compromise settlement with wilful defaulters not new, says RBI

Compromise settlement with wilful defaulters not new, says RBI

The Reserve Bank of India (RBI) has clarified that a compromise settlement with wilful defaulters is..

Challenges in moving from pause to interest-rate cuts

Challenges in moving from pause to interest-rate cuts

Are we headed for an interest rate reversal with the Reserve Bank of India (RBI) pressing the pause ..

Why compromise settlement with wilful defaulters is being opposed

Why compromise settlement with wilful defaulters is being opposed

The Reserve Bank of India’s (RBI) decision to allow wilful defaulters and loan accounts involved in ..

RBI Governor cautions banks on loan evergreening, governance gaps

RBI Governor cautions banks on loan evergreening, governance gaps

The Reserve Bank of India (RBI) has cautioned banks against trying to conceal the real status of the..

Retail loans behind RBI’s pause in rate hikes

Retail loans behind RBI’s pause in rate hikes

Behind the Reserve Bank of India’s (RBI) pause in interest-rate hikes was the fear that a further ri..

Why RBI bet on a pause in interest-rate increases

Why RBI bet on a pause in interest-rate increases

Why did the Reserve Bank of India (RBI) press the pause button on interest rates when the wide marke..

RBI to bring credit bureaus under ombudsman

RBI to bring credit bureaus under ombudsman

The Reserve Bank of India (RBI) will bring the Credit Information Companies (CIC) under the RBI Inte..

RBI hits pause button, keeps repo rate unchanged at 6.5%

RBI hits pause button, keeps repo rate unchanged at 6.5%

The Reserve Bank of India (RBI) has hit the pause button and kept the repo rate unchanged at 6.50%, ..

Canara Bank launches premium payroll package

Canara Bank launches premium payroll package

If you want term insurance and air accident cover along with an instant overdraft facility, then Can..

IDFC First Bank, HPCL launch co-branded fuel credit card

IDFC First Bank, HPCL launch co-branded fuel credit card

Want to save up to 6.5% on your petrol and diesel spends? Take IDFC First Bank and HPCL’s co-branded..

Retail loans can become a systemic risk, cautions RBI

Retail loans can become a systemic risk, cautions RBI

Retail loans, which had grown exponentially while corporate credit stayed muted in the last couple o..