NPAs expected to worsen in first half of 2021: FICCI-IBA

NPAs expected to worsen in first half of 2021: FICCI-IBA

The corona virus pandemic could have a lasting impact on the non-performing assets (NPAs) of banks. ..

Private banks now allowed to get govt biz

Private banks now allowed to get govt biz

Public sector banks will have to let go of one of their big advantages as the government has now all..

IDBI Bank plans setting off accumulated losses

IDBI Bank plans setting off accumulated losses

IDBI Bank is planning to set off its accumulated losses as on 1 April 2021. The bank’s board will me..

New trends to surface in credit card industry in 2021

New trends to surface in credit card industry in 2021

The Covid-19 pandemic has affected lives, businesses and economies alike, around the country and the..

Sale of IDBI Bank, stake in LIC likely to be announced

Sale of IDBI Bank, stake in LIC likely to be announced

IDBI Bank, which was bailed out by the state-run Life Insurance Corporation (LIC) in January 2019, w..

Federal Bank Q3 net falls 8% to Rs 404 cr

Federal Bank Q3 net falls 8% to Rs 404 cr

Private lender Federal Bank has reported an 8.2% decline in net profit at Rs 404 crore for the third..

RBI fines Standard Chartered Bank

RBI fines Standard Chartered Bank

The Reserve Bank of India has imposed a penalty of Rs 2 crore on Standard Chartered Bank-India for d..

Credit quality of large borrowers

Credit quality of large borrowers

Large borrowers are seeing incipient stress, indicating that non-performing loans could surge in fut..

NBFC AUM expected to grow 7-9% in FY22: Icra

NBFC AUM expected to grow 7-9% in FY22: Icra

Non-banking finance companies (NBFCs) are likely to see a 7-9% growth in their asset under managemen..

Banks stare at muted loan growth

Banks stare at muted loan growth

Capex revival in the economy remains uncertain as consumer demand continues to slow down, putting ba..

Credit, debit card top consumer complaint list: RBI

Credit, debit card top consumer complaint list: RBI

Issues regarding credit and debit cards lead the list of customer complaints received at various ban..

Federal Bank’s gross advances up 6% in Q3

Federal Bank’s gross advances up 6% in Q3

Federal Bank has seen growth both on the deposit as well as on the credit side. The Kerala-based ban..

RBI to tighten risk-based internal audit norms for NBFCs, UCBs

RBI to tighten risk-based internal audit norms for NBFCs, UCBs

Reserve Bank of India (RBI) will introduce a regulatory framework for non-banking financial companie..

How economists view RBI's policy of keeping rates unchanged amid elevated inflation

How economists view RBI's policy of keeping rates unchanged amid elevated inflation

Three broad trends would continue to influence the Reserve Bank of India's monetary policy beyond th..

Inflation as handcuff, RBI leaves interest rates unchanged

Inflation as handcuff, RBI leaves interest rates unchanged

Caught between the inflationary devil and the deep sea of slow growth, the Reserve Bank of India (RB..