After PNB, Bank of India declares Rs 227 crore fraud by Gupta Power Infra

After PNB, Bank of India declares Rs 227 crore fraud by Gupta Power Infra

After Punjab National Bank, state-owned Bank of India (BOI) has reported a fraud of Rs 226.84 crore ..

RBI proposes scrapping foreclosure charges on floating rate loans

RBI proposes scrapping foreclosure charges on floating rate loans

The Reserve Bank of India (RBI) has proposed to scrap the foreclosure charges on all floating rate l..

RBI defers LCR, ECL norms as new Guv weighs ‘cost of regulations’

RBI defers LCR, ECL norms as new Guv weighs ‘cost of regulations’

The Reserve Bank of India (RBI) has deferred the implementation of the liquidity coverage ratio (LCR..

RBI issues rules for reclassification of FPI to FDI

RBI issues rules for reclassification of FPI to FDI

The Reserve Bank of India has issued an operational framework to allow foreign portfolio investors (..

RBI’s whip on Edelweiss ARC, ECL Finance

RBI’s whip on Edelweiss ARC, ECL Finance

Two of Edelweiss’s group companies are in trouble. The Reserve Bank of India (RBI) has imposed busin..

PNB’s Q4 net profit surges 160% as bad loans decline

PNB’s Q4 net profit surges 160% as bad loans decline

Punjab National Bank, the country’s third largest public sector lender, reported a 160% surge in net..

RBI sets up external working group on ECL provisioning by banks

RBI sets up external working group on ECL provisioning by banks

The Reserve Bank of India (RBI) has set up an external working group on expected credit loss (ECL) b..

SEBI allows govt stake in IDBI Bank to be reclassified as ‘public’

SEBI allows govt stake in IDBI Bank to be reclassified as ‘public’

Capital markets regulator SEBI has allowed the government’s shareholding in IDBI Bank to be reclassi..

UK court declares Vijay Mallya bankrupt

UK court declares Vijay Mallya bankrupt

Aconsortium of Indian banks led by the State Bank of India (SBI) can pursue a worldwide freezing ord..

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..