Top 50 wilful defaulters owe banks Rs 92,570 cr

Top 50 wilful defaulters owe banks Rs 92,570 cr

The top 50 wilful defaulters in India owed banks Rs 92,570 crore as of March 2022, with Gitanjali Ge..

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Bank credit growth is expected to touch a new high, surpassing the Rs 19 trillion in the current fis..

Banks write-off Rs 10 lakh crore of bad loans in last 5 financial years: FM

Banks write-off Rs 10 lakh crore of bad loans in last 5 financial years: FM

Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, fina..

RBI brings urban co-operative banks under four-tiered regulatory framework

RBI brings urban co-operative banks under four-tiered regulatory framework

The Reserve Bank of India (RBI) Thursday announced a four-tiered regulatory framework for categorisa..

Gautam Adani weighs $5 bn fundraise as banks urge deleveraging: Report

Gautam Adani weighs $5 bn fundraise as banks urge deleveraging: Report

Indian billionaire Gautam Adani is courting sovereign wealth funds in a push to raise roughly $5 bil..

NBFCs become one-fourth the size of commercial banks

NBFCs become one-fourth the size of commercial banks

The asset base of non-banking financial companies (NBFCs) has become almost a quarter of the balance..

Govt appoints 10 executive directors for public sector banks

Govt appoints 10 executive directors for public sector banks

The government has approved the appointment of ten executive directors in various public sector bank..

Banks rely on CDs as loan growth surges

Banks rely on CDs as loan growth surges

With credit growth far outstripping deposit accretion, banks are raising funds through certificates ..

RBI modifies norms for banks to manage foreign currency exposure

RBI modifies norms for banks to manage foreign currency exposure

With the rupee weakening against the dollar, the Reserve Bank of India (RBI) tweaked guidelines for ..

Companies flock back to banks for credit

Companies flock back to banks for credit

Something unusual happened in the sprawling loan market. HDFC Bank let go Rs 50,000 crore of wholesa..

Banks to continue grabbing market share from housing finance companies

Banks to continue grabbing market share from housing finance companies

Banks will take away more home-loan market share from housing finance companies (HFCs) in FY23, a re..

RBI gives banks, NBFCs until end-Nov to comply with new digital lending rules

RBI gives banks, NBFCs until end-Nov to comply with new digital lending rules

The Reserve Bank of India (RBI) has given banks and non-banking financial companies (NBFCs) until th..

Banks source cheap funds by issuing CDs

Banks source cheap funds by issuing CDs

Indian banks are increasing issuance of certificates of deposits (CDs) to secure cheap funding. The ..

DICGC to pay depositors of 17 co-operative banks in October

DICGC to pay depositors of 17 co-operative banks in October

Depositors of 17 distressed co-operative banks will receive payments from the Deposit Insurance and ..

 RBI article warns against big bang privatisation of banks

RBI article warns against big bang privatisation of banks

Even as the government has made its intent clear on privatisation of banks, an RBI article has warne..