RBI asks CROs of banks to take pre-emptive measures to mitigate risks

RBI asks CROs of banks to take pre-emptive measures to mitigate risks

The Reserve Bank of India (RBI) has asked chief compliance officers and chief risk officers (CROs) t..

Banks will have to work on deposit rates in 2024

Banks will have to work on deposit rates in 2024

The debate on whether interest rates on fixed deposits (FDs) have peaked or the door is still open f..

RBI proposes new norms on dividend payouts by banks

RBI proposes new norms on dividend payouts by banks

The Reserve Bank of India (RBI) has proposed allowing banks having net non-performing assets (NPAs) ..

New norms for penal charges on loans: RBI gives banks, NBFCs 3 more months

New norms for penal charges on loans: RBI gives banks, NBFCs 3 more months

The Reserve Bank of India (RBI) has granted three more months to banks and non-banking financial com..

Banks’ bad assets fall to multi-year low of 0.8%: RBI

Banks’ bad assets fall to multi-year low of 0.8%: RBI

Net non-performing assets (NPA) ratio of banks declined to a multi-year low of 0.8% at the end of Se..

RBI asks NBFCs to reduce dependence on banks for funds

RBI asks NBFCs to reduce dependence on banks for funds

The Reserve Bank of India (RBI) has asked non-banking financial companies (NBFCs) to broad-base thei..

Banks’ asset quality improves to 10-year high: RBI

Banks’ asset quality improves to 10-year high: RBI

The gross non-performing asset (NPA) ratio of Indian banks continued to show improvement in the seco..

RBI, two banks receive bomb threat mail

RBI, two banks receive bomb threat mail

The Reserve Bank of India (RBI), HDFC Bank and ICICI Bank on Tuesday received 11 bomb threats in Mum..

Banks’ liquidity deficit at near 8-year high

Banks’ liquidity deficit at near 8-year high

The Indian banking system is facing a widening liquidity deficit, reaching levels last seen in 2016...

Unclaimed deposits with banks jump 28% to Rs 42,270 cr

Unclaimed deposits with banks jump 28% to Rs 42,270 cr

Unclaimed bank deposits are on the rise, touching Rs 42,270 crore as on March 2023. This is up 28% f..

Will PSU banks see another wave of mergers?

Will PSU banks see another wave of mergers?

The possible merger of some public sector banks gained currency after a government document, shared ..

Banks, employee unions agree to 17% salary hike

Banks, employee unions agree to 17% salary hike

Public sector banks will have to cough out Rs 12,449 crore more a year following a new wage agreemen..

RBI allows reversal of liquidity facilities by banks on weekends, holidays

RBI allows reversal of liquidity facilities by banks on weekends, holidays

The Reserve Bank of India (RBI) has decided to allow reversal of liquidity facilities under both SDF..

Banks write off Rs 10.57 lakh crore in 5 years

Banks write off Rs 10.57 lakh crore in 5 years

Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 la..

Public sector banks get Rs 15,183 crore on ED action: FM Nirmala Sitharaman

Public sector banks get Rs 15,183 crore on ED action: FM Nirmala Sitharaman

The Enforcement Directorate (ED) has confiscated assets worth Rs 15,186.64 crore under the stringent..