Deadline for periodic KYC update extended till March 31

Deadline for periodic KYC update extended till March 31

With uncertainty prevailing due to the Omicron variant of Covid-19, the Reserve Bank of India (RBI) ..

RBI extends restrictions on PMC Bank till end-March

RBI extends restrictions on PMC Bank till end-March

The restrictions on Punjab and Maharashtra Co-operative (PMC) Bank will continue for another three m..

Yes Bank looks to close ARC partner in 60 days

Yes Bank looks to close ARC partner in 60 days

Private sector lender Yes Bank is expecting to finalise partners for setting up an asset reconstruct..

Banks can sell fraud loans to ARCs: RBI

Banks can sell fraud loans to ARCs: RBI

The Reserve Bank of India (RBI) has allowed lenders to sell loans classified as fraud to asset recon..

SBI Card looks to sell Rs 200 cr of bad loans to ARCs in Q2

SBI Card looks to sell Rs 200 cr of bad loans to ARCs in Q2

SBI Cards & Payment Services (SBI Card), India’s only listed pure-play credit card company, is s..

ARCs to find space in MSME, retail assets

ARCs to find space in MSME, retail assets

Even as India’s bad bank takes shape and NARCL looks to handle big-ticket corporate loans, asset rec..

Retail loans march ahead of corporate credit amid Covid-19

Retail loans march ahead of corporate credit amid Covid-19

A surge in gold loans has pushed retail advances to the top of bank credit for the first time. Loans..

PNB to sell KSK Mahanadi Power loan of Rs 1,719.85 cr to ARCs

PNB to sell KSK Mahanadi Power loan of Rs 1,719.85 cr to ARCs

State-owned Punjab National Bank (PNB) will sell its loan exposure of Rs 1,719.85 crore in KSK Mahan..

IDBI Bank to offload entire stake in ARCIL

IDBI Bank to offload entire stake in ARCIL

IDBI Bank will offload its entire 19.18% stake in Asset Reconstruction Company (India) Limited (ARCI..

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank has identified eight accounts worth Rs 1,900 crore to be transferred to National Asset R..

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank has identified eight accounts worth Rs 1,900 crore to be transferred to National Asset R..

India's bad bank to seek RBI approval for ARC licence

India's bad bank to seek RBI approval for ARC licence

India’s bad bank got formalised with the incorporation of the National Asset Reconstruction Co. Ltd ..

India's bad bank to seek RBI approval for ARC licence

India's bad bank to seek RBI approval for ARC licence

India’s bad bank got formalised with the incorporation of the National Asset Reconstruction Co. Ltd ..

India's current account deficit widens in March quarter

India's current account deficit widens in March quarter

India's current account deficit has widened in the quarter ended March on account of a higher trade ..

IDBI Bank invites bids to shed stake in Arcil

IDBI Bank invites bids to shed stake in Arcil

Ahead of the formation of National Asset Reconstruction Company Ltd (NARCL), IDBI Bank has invited b..