Banks ready to transfer Rs 89,000 cr of loans to bad bank

Banks ready to transfer Rs 89,000 cr of loans to bad bank

Banks will initially transfer bad loans worth Rs 89,000 crore from 22 large value accounts to the pr..

Niti Aayog submits names of public sector banks for privatisation

Niti Aayog submits names of public sector banks for privatisation

The privatisation of two public sector banks seems to be moving forward. Niti Aayog, the government ..

RBI's amalgamation norms for cooperative banks

RBI's amalgamation norms for cooperative banks

The Reserve Bank of India said it will consider amalgamation of District Central Co-operative Banks ..

Banks can invoke personal guarantees of loan defaulters: SC

Banks can invoke personal guarantees of loan defaulters: SC

In what could lead to more bad loans getting resolved and speed up the process of recovery, the Supr..

Banks likely to move 80 large NPA accounts to bad bank

Banks likely to move 80 large NPA accounts to bad bank

Eighty large bad loan accounts are likely to move out of banks to seek resolution in the National As..

RBI Guv asks public sector banks to strengthen balance sheets

RBI Guv asks public sector banks to strengthen balance sheets

Reserve Bank of India (RBI) Governor Shaktikanta Das has asked public sector banks to continue with ..

RBI modifies norms for private banks undertaking govt biz

RBI modifies norms for private banks undertaking govt biz

The Reserve Bank of India (RBI) has modified the guidelines that allow sound private sector banks to..

Small finance banks to get Rs 10,000 cr liquidity support

Small finance banks to get Rs 10,000 cr liquidity support

Covid-19, Reserve Bank of India, special long-term funding facility, small finance banks..

Banks have space to lend Rs 46,000 cr more under ECLGS

Banks have space to lend Rs 46,000 cr more under ECLGS

Banks have space to disburse another Rs 46,000 crore under a government-backed lending programme, ev..

RBI guv, small finance banks discuss potential stress on balance sheets

RBI guv, small finance banks discuss potential stress on balance sheets

Reserve Bank of India Governor Shaktikanta Das and top officials of small finance banks on Friday di..

Private banks to get government business

Private banks to get government business

Public sector banks will have to let go of one of their big advantages as the govern..

Banks ask RBI to extend recast scheme amidst Covid surge

Banks ask RBI to extend recast scheme amidst Covid surge

The top bosses of banks have asked the Reserve Bank of India (RBI) to extend the one-time restructur..

RBI extends RTGS, NEFT money transfer facilities to non-banks

RBI extends RTGS, NEFT money transfer facilities to non-banks

The Reserve Bank of India on Wednesday extended Real-time gross settlement (RTGS) and National Elect..

HDFC Bank’s loan growth at 17-qtr low; how other banks fared in FY21

HDFC Bank’s loan growth at 17-qtr low; how other banks fared in FY21

The slowdown, deepened due to the Covid-induced stress in the economy, has impacted HDFC Bank’s grow..

Govt to infuse Rs 14,500 cr in 4 PSU banks

Govt to infuse Rs 14,500 cr in 4 PSU banks

The government will infuse Rs 14,500 crore into four weak state-run banks that will go to strengthen..