Banks flouting lending norms to govt-owned entities: RBI

Banks flouting lending norms to govt-owned entities: RBI

The Reserve Bank of India (RBI) has found instances of banks flouting the regulator’s norms when it ..

RBI raises housing loan limits for co-operative banks

RBI raises housing loan limits for co-operative banks

The Reserve Bank of India (RBI) has raised the limits on individual housing loans extended by co-ope..

Govt's ONDC in talks with banks, others to push e-commerce project

Govt's ONDC in talks with banks, others to push e-commerce project

India’s bigger banks are in discussions with the Open Network for Digital Commerce (ONDC), which the..

Banks need to monitor restructured loans, slippages: RBI

Banks need to monitor restructured loans, slippages: RBI

India's banks should be watchful of the credit behaviour of restructured loans and the possibility o..

RBI sets up panel to review customer service  norms in banks, NBFCs

RBI sets up panel to review customer service norms in banks, NBFCs

The Reserve Bank of India (RBI) has set up a committee to evaluate the efficacy, adequacy and qualit..

Banks can invoke personal guarantees in IBC cases: SC

Banks can invoke personal guarantees in IBC cases: SC

The Supreme Court has allowed lenders to proceed against promoters, directors and chairman of the co..

Banks start hiking lending and deposit rates

Banks start hiking lending and deposit rates

Home, car and corporate loans have become costlier with banks raising both their MCLR (marginal cost..

Home loan interest rates to rise as banks hike MCLR

Home loan interest rates to rise as banks hike MCLR

Home, auto and corporate loans will get costlier as banks start hiking their lending rates despite t..

All banks to make available cardless cash withdrawals through ATMs

All banks to make available cardless cash withdrawals through ATMs

The Reserve Bank of India (RBI) has decided to allow all banks to introduce cardless cash withdrawal..

Banks miss deadline to transfer Rs 50,000 cr of bad loans to NARCL

Banks miss deadline to transfer Rs 50,000 cr of bad loans to NARCL

Banks have failed to meet the 31 March deadline to transfer Rs 50,000 crore of bad loans to the Nati..

Banks recover Rs 7.34 lakh cr over 6.5 years

Banks recover Rs 7.34 lakh cr over 6.5 years

Banks have recovered over Rs 7.34 lakh crore in the past six years and the first six months of the c..

Govt to infuse capital in weak public sector banks

Govt to infuse capital in weak public sector banks

Weak public sector lenders like Central Bank of India and Punjab & Sind Bank will get the lion's..

Recapitalisation of banks needed as Basel IV date nears

Recapitalisation of banks needed as Basel IV date nears

The government will need to revisit its decision to reduce the budget for capitalisation of public s..

Breaking up ABG Shipyard’s dues to banks

Breaking up ABG Shipyard’s dues to banks

ICICI Bank, IDBI Bank and State Bank of India (SBI) account for almost 60% of the loans to ABG Shipy..

Govt not to infuse capital in PSU banks in FY23

Govt not to infuse capital in PSU banks in FY23

The budget has not provided for any capital infusion in public sector banks in 2022-23.  “..